Upstart Sells $2 Billion in Loans to Blue Owl Capital
Upstart and Blue Owl Capital finalize a $2 billion loan sale deal. The deal includes existing and forward-flow agreements for…
Suki Secures $70 Million to Advance AI-Powered Healthcare Solutions
Suki secures $70 million to advance AI healthcare technologies. AI voice assistant aims to streamline clinical tasks and improve efficiency.…
Citi and Mastercard Facilitate Cross-Border Payments to Debit Cards
Citi and Mastercard partner for cross-border payments to Mastercard debit cards. The service covers 14 markets and offers near-instant transactions.…
HSBC Plans to Restructure Senior Management for Cost Efficiency
HSBC plans to restructure its senior management for cost savings. Merging business units aims to generate $40 billion annually. New…
Venture Capitalists Remain Cautious Despite Stock Market Gains
Venture capitalists remain cautious despite stock market improvements. Liquidity issues prompt investors to demand tougher terms from startups. AI companies…
Alphabeats Appoints Jorrit DeVries as New Global CEO
Alphabeats appoints Jorrit DeVries as Global CEO for US expansion. The company raises $2 million in funding to support growth.…
Dutch Startups Face Investment Challenges in Q3 2024
Dutch startups saw €424 million investment in Q3 2024. Early-stage funding decreased, raising concerns for future growth. Cleantech and deeptech…
OpenAI Faces Projected Losses and Delays in Profitability
OpenAI completes $6.6 billion funding, valuing it at $157 billion. Company foresees $14 billion in losses by 2026, delaying profits.…
Belgian Startups Secure €500M in Early 2024 Funding
Belgian startups saw €500M funding in early 2024, surpassing 2023's total. Software leads investments, with AI receiving significant capital in…
Project 2025 Increases Ohio’s Energy Costs and Job Losses
Project 2025 may increase Ohio's energy costs and job losses by 2030. Analysis highlights nationwide economic and environmental risks under…