TNO Invests in Equal1 to Support Quantum Computing Expansion
TNO has invested in Equal1, marking its first direct funding of a non-spin-off. Equal1’s UnityQ integrates quantum and classical computing…
Affirm Sees Surge in Users as BNPL Popularity Rises
Affirm’s GMV rose 35% to $10.1 billion, with consumer activity increasing. The company’s Affirm Card saw a 113% jump in…
Gemini Plans IPO as Crypto Market Gains Momentum
Gemini is considering an IPO as the crypto market experiences renewed interest. Other crypto firms, including Bullish Global and eToro,…
Routable Introduces AI to Detect Fraud in AP Automation
Routable has integrated AI into its AP automation platform to detect fraud. The AI system scans invoices for anomalies and…
Brink’s Agrees to $42 Million Settlement Over Money Laundering Violations
Brink’s Global Services USA agreed to a $42 million settlement over compliance violations. Regulators found failures in AML controls, leading…
Boston Dynamics Develops New Atlas Robot with AI Institute
Boston Dynamics is developing a new Atlas humanoid robot using reinforcement learning. Hyundai and Toyota contribute financial and research support…
Hershey Faces Profit Margin Pressure as Cocoa Costs Surge
Hershey anticipates rising cocoa costs will challenge its profit margins this year. The company is using hedging and sourcing strategies…
Equifax Faces Revenue Slowdown as Mortgage and Hiring Markets Weaken
Equifax reported slowed revenue growth due to weak hiring and mortgage markets. The company plans to leverage its Equifax Cloud…
Google Increases Carbon Removal Investments to Over $100 Million in 2024
Google contracted over $100 million in carbon removal credits for 2024. Investments include projects like enhanced rock weathering, biomass capture,…
Roblox Faces Investor Concerns Despite Growth in Revenue and Bookings
Roblox’s revenue and bookings grew significantly, but user engagement declined. Its financial forecast missed market expectations, leading to a drop…
