Ripple acquires GTreasury, a platform used by Fortune 500 companies for managing cash, foreign exchange, and risk, for $1B, set to close in the coming months
The deal, pending regulatory approvals, would give Ripple access to large enterprise clients as it is building out financial services around its digital asset business.
AI compliance startup Delve raised a $32M Series A at a $300M valuation led by Insight Partners with participation from CISOs at Fortune 500 companies
Karun Kaushik and Selin Kocalar weren't planning to raise a Series A so soon. Their AI compliance startup, Delve …
OpenAI says ChatGPT weekly active users doubled since last year to 200M+, 92% of Fortune 500 companies use its tools, and automated API usage doubled since July
doubling in a year Laurent Giret / Thurrott : OpenAI Says ChatGPT Doubled its User Base to 200 Million Weekly Active Users in a Year Iskra Petrova / PhoneArena : ChatGPT weekly active users grow to 20...
Arize AI: 56% of Fortune 500 companies cited AI as a “risk factor” in their recent annual reports, up from 9% in 2022; 86% of software firms cited AI as a risk
What matters is speed to change and adoption, this remains one of the biggest challanges, enabling innovation culture …
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B
Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix
Sources: Sam Altman and other OpenAI executives pitched ChatGPT Enterprise to hundreds of Fortune 500 companies this month, including some Microsoft customers
OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London …
X accelerates its plan to attract ad spending by SMBs, including outsourcing some ad sales to third parties, such as US-based marketing startup JumpCrew
this one will sting Will Shanklin / Engadget : Walmart says it's no longer advertising on X Aisha Counts / Bloomberg : Why Elon Musk Is Accused of Antisemitism and What It Means for X Edward Helmore /...
Harvard study details how automated hiring systems, now used by 99% of Fortune 500 companies, exclude 10M+ qualified workers in the US from hiring discussions
Automated-hiring systems are excluding many people from job discussions at a time when additional employees are desperately neededSource:Harvard Business School.
Harvard study details how automated hiring systems, now used by 99% of Fortune 500 companies, exclude 10M+ qualified workers in the US from hiring discussions
Automated-hiring systems are excluding many people from job discussions at a time when additional employees are desperately needed Source: Harvard Business School .
Sources: Coinbase facilitated Tesla's $1.5B bitcoin purchase during the first week of Feb.; source says Coinbase has over five Fortune 500 companies as clients
The Block :