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Thinking Machines, Founded by Mira Murati, Targets $50 Billion Valuation in Funding Talks

Thinking Machines Lab, the AI startup founded by former OpenAI executive Mira Murati, is reportedly in early discussions to raise a new funding round, with a target valuation of around $50 billion, according to Bloomberg News. The company was last valued at $12 billion in July 2025, following a $2 billion raise. Sources indicate that the valuation for…

NOV 16, 2025 · 1 min read

Portugal FinTech Report 2025 highlights growing shift to AI-powered compliance, featuring London startup Zango

The Portugal FinTech Report 2025 highlights how financial institutions are increasingly turning to artificial intelligence to modernise compliance – reflecting a wider shift from manual processes to automated, auditable systems across Europe’s financial sector. Among the companies featured is Zango, the London-based startup developing AI agents for financial-services regulation. Launched this week by Portugal Fintech in collaboration…

NOV 4, 2025 · 2 min read

Quantexa Makes Its Decision Intelligence Platform ‘Agent Ready’ to Solve the Hardest Problems in AI: Data Fragmentation & Context

In a major leap forward for enterprise AI, Quantexa, a global pioneer in Decision Intelligence, has unveiled Quantexa AI, the next evolution of its flagship Decision Intelligence Platform, now fully agentic ready. As organisations accelerate their use of large language models (LLMs) and smaller, purpose-built and domain-trained models, many are discovering a common limitation: when…

NOV 4, 2025 · 4 min read

SunTec Launches Enhanced Deal Management Product with AI-Augmented Automation for Global Banks

SunTec Business Solutions today announced the launch of its enhanced Deal Management product, a transformative upgrade that embeds the power of artificial intelligence (AI) and end-to-end automation into the deal lifecycle for global banks. SunTec Xelerate Deal Management empowers banks and financial institutions to orchestrate complex, multi-entity, multi-country, multi-currency, and multi-product deals with unmatched intelligence,…

SEP 29, 2025 · 3 min read

Temenos Launches AI-Powered Money Movement & Management Platform at Sibos

Temenos, a global leader in banking technology, today announced the launch of Temenos Money Movement & Management, an AI-powered and pre-integrated platform to streamline payments and account services. This unified solution brings together payments, accounts, risk, and treasury modules, enabling financial institutions to move money faster, more reliably and at lower cost. Barb Morgan, Chief Product and…

SEP 29, 2025 · 3 min read

Aptus.AI arrives in Luxembourg with its AI compliance tool

Italian regtech startup Aptus.AI has announced the launch of its activities in Luxembourg. The company, which already counts Intesa Sanpaolo and Generali Investments among its clients, offers a generative AI assistant designed to support banks, insurers, asset managers, law firms, and compliance departments. Aptus.AI’s patented technology transforms legal texts into structured data that can be directly processed…

SEP 23, 2025 · 1 min read

Agent IQ Launches SmartLynq, a Secure AI Knowledge Assistant for Financial Institutions

Agent IQ, the leader in AI-powered relationship banking, today announced the launch of SmartLynq, a secure generative AI-based knowledge assistant designed specifically for financial institutions. Using generative AI technology similar to AI chatbots like Anthropic’s Claude, Google’s Gemini and OpenAI’s ChatGPT, SmartLynq addresses a critical operational challenge by giving bank and credit union employees instant…

SEP 23, 2025 · 3 min read

OpenAI to Launch First European AI Data Center in Norway, Backed by Nscale and Aker

OpenAI has announced plans to launch Stargate Norway, its first AI data center in Europe, marking a major step toward supporting AI sovereignty and green compute infrastructure on the continent. The facility will be developed through a 50/50 joint venture between British AI cloud infrastructure firm Nscale and Norwegian energy infrastructure company Aker, with OpenAI acting as a long-term…

AUG 4, 2025 · 2 min read

Zafin integrates ChatGPT Enterprise to accelerate platform development and help banks compete

Zafin, the strategic platform partner that banks trust to accelerate innovation and deliver transformative customer value, is collaborating with OpenAI to apply ChatGPT Enterprise across its product development and delivery operations. By embedding AI into how its teams work and investing in training and enablement, Zafin is driving greater development velocity improving product quality, and…

JUL 28, 2025 · 3 min read

WealthArc Connects to 140+ Custodian Banks, Easing AI Data Hurdles

WealthArc, the Swiss-born fintech revolutionizing wealth and asset management with AI-ready data infrastructure and intuitive portfolio management, announced today it has surpassed 140 integrated custodian bank new generation data feeds within its proprietary platform, the WealthArc Data Box. This milestone underscores the company’s position as the trusted data infrastructure partner for servicing wealthtech and fintech…

JUL 22, 2025 · 2 min read

Unzer Launches UnzerAI to Improve Internal Efficiency, Security, and Compliance

Building on the success of its earlier AI assistant, Unzer proudly unveils UnzerAI, a cutting-edge and intuitive upgrade to UnzerGPT. Exclusively crafted for Unzer employees, UnzerAI swiftly facilitates access to internal information, boosts productivity, and empowers teams to make informed decisions without sacrificing privacy and data security. The initial reception has been overwhelmingly positive, with…

JUL 16, 2025 · 2 min read

Cognition Acquires Windsurf to Boost AI Coding Capabilities

Cognition, the company behind the AI coding agent Devin, has acquired AI IDE startup Windsurf, following Google’s high-profile reverse-acquihire of Windsurf’s top executives last week. The deal includes Windsurf’s product, IP, and all remaining employees. With this move, Cognition strengthens its position in the race to lead the AI developer tools market, gaining a user base of…

JUL 15, 2025 · 1 min read