Airwallex secured $320 million in a Series H funding round, raising its valuation to $11 billion, a 38% increase in six months. The Melbourne-founded fintech plans to use the funds to accelerate AI-powered financial software development and expand its global infrastructure and regulatory reach. It reported a 74% revenue increase to $1.3 billion and doubled transaction volume year-over-year. The company also introduced two AI-focused products, T:0 for automating corporate finance and Airi, a consumer wallet with advanced payment features. Despite scrutiny over its China ties, Airwallex emphasizes data security and aims to delay public listing to focus on AI innovation.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Ondo Global Markets reached $1 billion in total value locked (TVL) for tokenized stocks by May 2026, with projections to hit $5 billion by year-end. USDC, Circle's stablecoin, is the preferred settlement currency for these tokenized equities, favored...
Ademi LLP is investigating GPGI for potential securities fraud related to alleged inaccurate statements about its financials and business operations, especially concerning its acquisition of Husky Technologies Limited. This probe could impact investo...
