artificial intelligence Artificial Intelligence Progresses from 2021 Milestones into 2022 Trends Artificial intelligence continues to reshape credit decisioning and risk modeling as the industry builds on major milestones from 2021. New trends in 2022 focus on practical applications like automated document processing and real-time fraud detection.
artificial intelligence May 2021 Sees Rapid AI Expansion Across Asian Sectors Artificial intelligence integration accelerates throughout Asia in May 2021, impacting industries from agriculture to legal services. The month highlights both innovative regional applications and growing concerns regarding cybersecurity and data privacy.
tractable Tractable Reaches $1B Valuation as First Computer Vision Unicorn in Finance Tractable raises $60 million in a Series D round, reaching a $1 billion valuation to become the first computer vision unicorn for financial services. The company plans to use the funds to expand its AI photo assessment tools beyond auto accidents into used car sales and natural disaster recovery.
coinbase Coinbase's Historic Direct Listing Reshapes Fintech And Crypto Investment Landscape Coinbase surpasses a $100 billion valuation on its first trading day, sparking questions about a potential halo effect for other crypto and fintech startups. Venture capitalists remain divided on exactly where new capital will flow within the rapidly evolving digital asset market.
coinbase Coinbase Public Debut Sparks Predictions of Crypto Innovation Wave Coinbase enters the public market via a direct listing, a move investors compare to the early days of the internet. The milestone occurs as cryptocurrency market capitalization reaches $2 trillion and competition from platforms like Robinhood intensifies.
coinbase Coinbase Posts Record $1.8 Billion Q1 Revenue Ahead of Direct Listing Cryptocurrency exchange Coinbase reveals massive first-quarter growth, with revenue tripling and net income reaching up to $800 million. The company prepares for its public direct listing with these blockbuster preliminary results.
coinbase Coinbase Sets April 14 Direct Listing Date, Ticker Symbol COIN Cryptocurrency platform Coinbase confirms it will begin trading via a direct listing on April 14. The company also plans to release its first-quarter financial results ahead of the public debut.
ai AI Fintech Upstart Soars as Venture Capital Floods Artificial Intelligence Market Upstart's stock nearly doubles after projecting massive 114% revenue growth for 2021, proving the real-world value of AI in fintech. Venture capitalists are simultaneously pouring record capital into AI startups as the technology finally delivers tangible financial results.
workfusion WorkFusion Secures $220M to Expand AI-Powered Enterprise Automation WorkFusion raises $220 million to accelerate customer acquisition and grow its workforce as demand for intelligent process automation surges. The company uses AI and cloud-federated bots to automate document-heavy tasks in regulated industries.
workfusion Enterprise Automation Startup WorkFusion Secures $220M in Late-Stage Funding WorkFusion raises $220 million to expand its intelligent automation platform, bringing its total funding to over $300 million. The startup combines pre-trained AI bots with management tools to help highly regulated industries cut manual processing times in half.
robinhood Robinhood Restrictions Expose Flaws in Democratized Finance Robinhood faces severe backlash after limiting GameStop trades, pushing retail investors toward decentralized platforms and exposing deep conflicts of interest.
robinhood Robinhood Restricts GameStop Trades to Single Shares Amid Market Chaos Robinhood limits users to holding just one share of GameStop and several other volatile stocks due to massive clearinghouse deposit requirements. The trading app faces intense public and political backlash as it scrambles to cover billions in trading volume.
robinhood Robinhood Restricts GameStop Trading as Retail Uprising Reshapes Markets Trading app Robinhood halts purchases of GameStop and other meme stocks amid a massive retail trading frenzy. The unprecedented move marks a pivotal moment that shakes market dynamics.
robinhood Robinhood Faces Backlash After Restricting GameStop and AMC Trades Robinhood blocks users from buying GameStop and other heavily shorted stocks, sparking outrage from retail investors and politicians alike. Meanwhile, Apple details its upcoming privacy changes and Qualtrics completes its public offering.
gamestop Trading Apps React to GameStop Mania with Guardrails and Philosophy App-based brokerages are responding to the GameStop trading frenzy by emphasizing long-term investing over short-term speculation. Some platforms highlight their existing guardrails, while others monitor volatility and adjust margin requirements.