With India’s corporate banking lagging decades behind consumer fintech, TransBnk raises $25M to bridge the gap

While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy workflows. TransBnk wants to address that gap, and Bessemer Venture Partners has invested in the three-year-old startup in a $25 million round to accelerate its progress. Over…

Read More

Nvidia reports record sales as the AI boom continues

Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net…

Read More

WhatsApp’s new AI feature lets you rephrase and adjust the tone of your messages

WhatsApp is launching a new AI feature that allows users to rephrase, proofread, or adjust the tone of their messages, the Meta-owned company announced on Wednesday. The new feature, called “Writing Help,” uses Meta’s Private Processing technology, which allows users to receive AI-generated responses without Meta or WhatsApp reading the original message or the suggested…

Read More