[ad_1] Chai Discovery, a biotech startup with backing from OpenAI, announced a $130 million Series B round at a $1.3 billion valuation on Monday. The round was led by General Catalyst and Oak HC/FT, the company said. Other participants include Menlo Ventures, OpenAI, Dimension, Thrive Capital, Neo, Yosemite venture fund, …

[ad_1] Consumer banking is moving far beyond traditional branch-based models. A clear trend is the ascendancy of the “super app” strategy, where institutions consolidate hundreds of functions—from daily banking and wealth management to lifestyle services like transport and stock trading—into a single, seamless digital ecosystem. Complementing this is the pervasive …

[ad_1] Terrorist Bello Turji has alleged that two former northern governors are fueling insecurity in the country, especially in the North The dreaded bandit leader specifically mentioned an ex-Sokoto State governor and his former Zamfara State counterpart Turji called for the ex-governors’ arrest and investigation over what he described as …

[ad_1] Even three years after the generative AI boom started, most AI startups are still making money by selling to businesses, not individual consumers. Although consumers quickly adopted general-purpose LLMs like ChatGPT, most specialized consumer GenAI applications have yet to resonate. “A lot of early AI applications around video, audio, …

[ad_1] New York on Monday filed a lawsuit against UPS alleging the delivery giant stole millions of dollars in wages from seasonal workers in the state.  New York Attorney General Letitia James accused UPS of violating labor laws by using unlawful timekeeping practices to underpay seasonal help. “UPS built its …

[ad_1] Digital-first institutions are rapidly incorporating AI and other transformative tech into their Islamic banking practice. Islamic banking is undergoing profound digital change, moving beyond traditional branch-based services to embrace cutting-edge technology, in the service of delivering highly personalized, sharia-compliant financial solutions. Characterizing this wave of innovation, driven by banks …

[ad_1] A former Flying Eagles player has sent a bold message to the Super Eagles coach ahead of the 2025 AFCON Eric Chelle included the former Nigeria U20 star among five uncapped players selected for the continental tournament Nigeria is targeting a fourth AFCON title and has been drawn in …

[ad_1] Amid Ford’s shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries. Ford said Monday that instead of scuttling plans to build the batteries for those vehicles, it will pivot that capacity into a new battery storage business. Those storage systems, which will …

[ad_1] SIMON Cowell’s new boyband December 10’s debut video Bye Bye Bye has launched today in a bid to top the music charts. The seven-piece pop squad was created on Netflix’s The Next Act, a reality competition which saw the music mogul aspire to construct the world’s most successful boy …

[ad_1] The global banking industry is currently in the midst of a profound digital transformation, propelled by the accelerating pace of technological advancements and the continuously evolving expectations of modern consumers and clients. At the vanguard of this monumental shift are the World’s Best Digital Banks 2025, institutions that are …