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eCommerce logistics platform HIVED has raised $42 million in new funding.
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The U.K.-based company said its Series B round, announced Monday (July 7), will allow it to scale nationwide as it builds an all-electric delivery network.
“The U.K. has the third-largest eCommerce market in the world, after China and the U.S., responsible for ~10% of our GDP with incumbent...
Chief financial officers are recognizing the need to upskill their workforce to ensure their teams can effectively harness artificial intelligence (AI).
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According to a June 2025 PYMNTS Intelligence report, “The Agentic Trust Gap: Enterprise CFOs Push Pause on Agentic AI,” all the CFOs surveyed said generative AI has increased the need for more analytically skilled...
Mastercard is expanding its small business platform with a new offer from Fiserv’s Clover.
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As part of this partnership, the company is offering the first 1,000 small- to medium-sized businesses (SMBs) who apply and qualify one of Clover’s point-of-sale/business management devices for one penny a month in hardware rental fees.
“Small businesses make up 99.9% of all U.S....
CoreWeave is acquiring data center infrastructure provider Core Scientific in a $9 billion deal.
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The artificial intelligence (AI) company announced the deal Monday (July 7), saying it helped it “verticalize its data center footprint to future-proof revenue growth and enhance profitability.”
“CoreWeave expects to generate significant cost savings through streamlining...
Boosted.ai has debuted the newest version of its agentic artificial intelligence (AI) platform Alfa.
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“Alfa is the culmination of everything we’ve learned about how asset managers want to work with AI,” Joshua Pantony, chief executive of the investment research firm, said in a news release Monday (July 7).
“It’s fast, powerful, and most importantly, it’s agentic. That...
Freightos and Seko Logistics are expanding their partnership to improve the speed and accuracy of multimodal shipments worldwide.
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Seko is scaling its use of Freightos’ 7LFreight and WebCargo forwarder solutions, the companies said in a Monday (July 7) news release, unifying air and ground rate management and booking across Seko’s international network.
The expanded...
In artificial intelligence, the trend du jour is AI agents, or algorithmic bots that can autonomously retrieve data and act on it.
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But how are AI agents different from AI chatbots, and why should businesses care?
Understanding how they differ can help businesses choose the right solution for the right job and avoid underusing or overcomplicating their AI investments.
An...
For several FinTechs, in the move to broaden scale and scope to a nationwide level, all roads lead to the Fed.
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As has been reported in recent days, FinTechs including Wise, Ripple and Circle have applied to the Office of the Comptroller of the Currency (OCC) for national trust bank charters.
In doing so, should the applications be approved, the charters would allow...
When bitcoin first appeared in 2009, it was heralded as a decentralized, peer-to-peer alternative to traditional finance.
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However, in the industry’s early days, before most businesses had even heard the term “cryptocurrency,” the first scams were already unfolding.
Fast forward to today, and crypto-related fraud has evolved into a multibillion-dollar global phenomenon....
Apple has appealed what it calls an “unlawful” $580 million fine from the European Union.
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“We believe the European Commission’s decision — and their unprecedented fine — go far beyond what the law requires,” the tech giant said in a statement on Monday, per a report by Bloomberg News.
“As our appeal will show, the EC is mandating how we run our store and forcing...