What began as a powerful partnership is now showing signs of strain. OpenAI and Microsoft, once seen as AI’s most dominant duo, are reportedly facing growing internal tensions as the competitive landscape sharpens and strategic interests diverge. At the heart of the tension lies a fundamental clash between OpenAI’s independent vision and Microsoft’s commercial imperatives. […]
Month: June 2025
Meta Sacrifices a Heap of Money at the Altar of AI.
In the race to dominate the AI landscape, Meta is making one thing abundantly clear: it’s willing to burn through billions to stay in the game. Mark Zuckerberg’s company has already poured tens of billions into artificial intelligence development—building infrastructure, hiring talent, and acquiring cutting-edge hardware like Nvidia’s H100 GPUs. In fact, Meta is expected […]
Amazon CEO Signals More Layoffs as AI Reshapes Company (Operations).
Amazon is undergoing a transformative shift as AI technologies take center stage, driving both innovation and efficiency—but at a growing human cost. In a recent statement, CEO Andy Jassy hinted at further layoffs across the company as artificial intelligence becomes increasingly embedded in Amazon’s operations. Jassy emphasized that AI is now influencing nearly every corner […]
Payroll Under Pressure: How AI Is Bridging the Talent Shortage.
In today’s workforce landscape, payroll departments are under increasing strain. With a growing talent shortage, rising compliance demands, and evolving employee expectations, managing payroll has become more complex than ever. Fortunately, Artificial Intelligence (AI) is stepping in to bridge the gap—transforming how organizations process payroll and manage workforce operations. The Talent Crunch in Payroll Across […]
Cresta AI Agent Delivers Seamless, Omnichannel Customer Experience (CX).
In today’s fast-paced digital economy, customer experience (CX) can make or break a brand. That’s where Cresta, a leading AI-powered contact center platform, is stepping in with its cutting-edge AI Agent—designed to revolutionize the way businesses engage with their customers across every channel. With a focus on seamless, omnichannel support, Cresta’s AI Agent empowers organizations […]
Salmon Raises $88M to Expand Fintech Operations in the Philippines.
Salmon, a fast-rising fintech startup, has announced a massive $88 million funding round to accelerate its mission of building inclusive financial services across the Philippines. The round includes both equity and debt financing, making it one of the most significant capital raises in the region’s fintech space this year. Building Financial Access for the Underserved […]
Saswat Finance Secures $2.6 Million in Funding Led by Ankur Capital.
In a boost to India’s growing fintech ecosystem, Saswat Finance, a digital lending platform focused on underserved communities, has raised $2.6 million in a funding round led by Ankur Capital, with participation from other strategic investors. The funding will help Saswat scale its lending operations, expand into new markets, and enhance its proprietary credit-scoring and […]
Enterprise Wealthtech Platform XFOLIO Secures $2M Seed Investment from MEVP.
XFOLIO, a rising star in the enterprise wealthtech space, has secured a $2 million seed investment from Middle East Venture Partners (MEVP). The funding marks a significant milestone for the company as it looks to scale its operations and revolutionize how wealth management firms, banks, and advisors deliver digital investment experiences. Redefining Wealth Management for […]
Anubis Ransomware Encrypts and Wipes Files, Making Recovery Impossible Even After Payment.
A new and highly destructive ransomware strain known as Anubis is causing alarm across cybersecurity circles for its brutal and irreversible attack strategy. Unlike traditional ransomware that offers a path to file recovery upon payment, Anubis not only encrypts victims’ files but also wipes them, rendering recovery impossible—even if a ransom is paid. A Deadlier […]
Amtech Software Announces Strategic Growth Investment from Vista Equity Partners.
Amtech Software, a leading provider of software solutions for the packaging and manufacturing industry, has announced a significant strategic growth investment from Vista Equity Partners — a move that marks a new chapter of innovation, expansion, and modernization for the company. Powering the Next Phase of Growth With over four decades of experience, Amtech Software […]
