News

Artificial Intelligence
Anthropic Introduces Enterprise-Focused Plan for AI Assistant Claude
September 04, 2024

Anthropic introduced a Claude Enterprise plan that helps organizations collaborate with its artificial intelligence assistant, Claude, using internal knowledge. The new plan includes an expanded 500K context window, more usage capacity, a native GitHub integration and enterprise-grade security features, according to a Wednesday (Sept. 4)...

Retail
Nordstrom Receives Go-Private Proposal From Nordstrom Family and Mexico’s Liverpool
September 04, 2024

Nordstrom has received a proposal from its CEO Erik Nordstrom, President and Chief Brand Officer Pete Nordstrom, other members of the Nordstrom family and Mexican omnichannel company El Puerto de Liverpoolto acquire all the outstanding shares of the company and take the company private. The...

Digital Banking
PortX Launches FinTech Hub on AppMarket From Fiserv
September 04, 2024

Financial infrastructure and integration technology company PortX is launching Fintech Hub on AppMarket from Fiserv. PortX, which offers integration-platform-as-a-service (IPaaS) to financial institutions, said in a Wednesday (Sept. 4) news release that Fintech Hub is now available on AppMarket, a marketplace that gives Fiserv clients fast...

Artificial Intelligence
Nvidia-Backed Sakana AI to Build ‘World-Class AI Lab’ in Japan
September 04, 2024

Tokyo-based artificial intelligence firm Sakana AI raised over $100 million in a Series A funding round and formed a collaboration with Nvidia. The funding round was led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia, Sakana AI said in a...

Investments
OpenAI Vet Sutskever’s Startup Reportedly Raises $1 Billion
September 04, 2024

Safe Superintelligence, the company co-founded by OpenAI veteran Ilya Sutskever, has reportedly raised $1 billion. The company plans to use the funds to boost its computing power and hire talent, management told Reuters in an interview published Wednesday (Sept. 4). Safe Superintelligence (SSI) declined to share its...

Ridesharing
Lyft Lets Commuters Cap Prices With New Subscription
September 04, 2024

Lyft has debuted a new feature designed to help commuters stay within budget. “To make your day more predictable, we’re launching price lock, a new subscription that caps the price of your regular commute,” Audrey Liu, executive vice president of rider experience at Lyft, said...

eCommerce
Walmart Teams With StockX to Bolster Marketplace
September 04, 2024

Walmart is reportedly teaming with sneaker seller StockX to bolster its online marketplace. The arrangement will offer shoppers access to pre-verified, coveted athletic shoes such as Nike’s Air Jordan sneakers and brands like New Balance and Asics, Bloomberg reported Wednesday (Sept. 4). Items will become...

Artificial Intelligence
Google Debuts AI-Powered Game Engine; Fetch.ai Aims for Gaming Integration
September 04, 2024

Artificial intelligence is making inroads across the gaming industry, with developments spanning classic game recreation, iGaming assistance and Web3 integration. These AI applications are altering game development processes, enhancing player experiences and opening new avenues for technological synergy in gaming. Google Creates AI-Powered Doom Game...

Investments
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
September 04, 2024

Brazilian FinTech Ume has raised $15 million in a Series A funding round to expand its payment network and merchant services platform for small and medium-sized businesses (SMBs) on Pix. The round was led by PayPal Ventures, the companies said in a Friday (Aug. 30)...