MercadoLibre Increases AI Spending by $30 Million From Prior Quarter
MercadoLibre increased its AI investment by $30 million from the prior quarter, citing gains in search, customer service, software development and finance operations.
AI applications in financial services, including trading platforms, FinTech, risk management solutions, accounting systems, and wealth management technologies.
MercadoLibre increased its AI investment by $30 million from the prior quarter, citing gains in search, customer service, software development and finance operations.
Finpilot raised a $10 million Series A led by Lobby Capital to expand its AI agent platform and hire across the company.
The OCC issued a framework for examiners reviewing banks' use of super intelligence in normal business activities. It creates no new regulatory expectations or enforceable standards.
Pliant raised an $80 million Series C led by Seaya Nova and Speedinvest to expand its payment infrastructure and develop payment tools for AI agents.
Manchester based Crediflow AI raised €1.8 million to expand its software for automating commercial loan processing. The company will grow its engineering and product team and add workflows covering more of the loan lifecycle.
AkademikerPension plans to buy Anthropic shares through its IPO for passive holdings, while any active investment will depend on valuation.
Egyptian venture capital fund Nclude has closed more than $112 million to invest in fintech, financial inclusion and AI startups across Africa and the Middle East.
Clark raised an $11 million seed round led by Touring Capital, bringing its total funding to $16 million. The company builds autonomous AI agents that perform audit work for CPA firms.
London startup Tallia raised €4 million in seed funding to expand its AI research and drafting platform for tax and accountancy firms.
Revolut moved about 2,000 engineers from Claude Code and Codex to a self hosted GLM model, cutting its reported model bill by about 90%.
A senior Chinese financial regulator says concentrated AI investment is raising borrowing costs for traditional industries and increasing credit risks.
Millenium Associates selected Ittikar as a preferred platform for private capital transactions. Its transaction team will support deal reviews across Ittikar's family office network.
Experts told Bloomberg the North Korean group blamed for the $6.3 billion Binance theft appears to use AI to find and attack high-value crypto targets.
Beyondsoft presented an AI agent platform, mobile app development tools and a digital currency payment system at Hong Kong FinTech Week 2026.
Mastercard and TenPay Global signed an MoU covering agentic payments, cross-border QR acceptance and remittances into WeChat.
NumbersGame adds Stripe, Square and Ramp integrations to its MCP for accounting firms using AI assistants with QuickBooks Online and Xero.
Pulse360 founder Anand Sheth joins the Wealthbox product team to develop AI and enterprise features for financial advisory firms.
Akash Network will migrate its blockchain infrastructure and distributed compute marketplace to Solana over the next 24 months.
Dark Matter Technologies acquired House Numbers' AI agent platform and intellectual property to automate mortgage processing tasks within its Empower loan origination system.
The Israeli startup says its behavioral world model predicts how individuals may act under different conditions, with initial deployments at financial brokerages.
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