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Technology

The Billion-Dollar Magnet: Why Investors Keep Backing RJ Scaringe's Serial Ventures.

May 15, 2026 at 8:36 PM

Serial entrepreneur RJ Scaringe has successfully secured over $12 billion in funding across his three startups, including Rivian, Also, and Mind Robotics, earning him a place among Silicon Valley's most elite founders.

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The Billion-Dollar Magnet: Why Investors Keep Backing RJ Scaringe's Serial Ventures
Technology
UK Sovereign AI Fund Taps Suzanne Ashman Amid Landmark $2.1bn Investment Surge
Image Source : pharmaphorum.com

UK Sovereign AI Fund Taps Suzanne Ashman Amid Landmark $2.1bn Investment Surge.

May 15, 2026 at 4:21 AM
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Technology
A* Capital Secures $450 Million for Third Fund with Contrarian Investment Strategy

A* Capital Secures $450 Million for Third Fund with Contrarian Investment Strategy.

May 12, 2026 at 6:52 PM
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Finance

Emerging Hedge Fund Leaders Reveal Strategic Stock Bets at Sohn Conference.

At the recent Sohn conference, emerging hedge fund managers highlighted key investment opportunities, focusing on AI-integrated technology and the disruptive impact of weight-loss drugs on the healthcare sector.

May 12, 2026 at 6:10 PM
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Exaforce Secures $125M Series B Funding to Revolutionize AI-Driven Cybersecurity
Technology•
May 12, 2026 at 3:14 PM

Exaforce Secures $125M Series B Funding to Revolutionize AI-Driven Cybersecurity.

AI security startup Exaforce has raised $125 million in Series B funding, pushing its valuation to $725 million as it scales its automated threat-detection platform.

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Business

Unlocking the Economic Potential of Modern Mothers: Mother Ventures Secures $10 Million.

May 8, 2026 at 5:52 PM

Mother Ventures, an early-stage fund founded by Allison Stern, has successfully raised $10 million to invest in startups that specifically cater to the unique needs and massive spending power of mothers in the U.S.

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Unlocking the Economic Potential of Modern Mothers: Mother Ventures Secures $10 Million
Technology
Solo VC Zal Bilimoria Secures $50 Million Fund to Drive Hard-Tech Innovation
Image Source : fundraiseinsider.com

Solo VC Zal Bilimoria Secures $50 Million Fund to Drive Hard-Tech Innovation.

May 7, 2026 at 1:12 PM
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Technology

DeepSeek Eyes $45 Billion Valuation in Major Funding Round Backed by China’s State Giants.

AI startup DeepSeek is reportedly in discussions to secure a massive funding round that could push its valuation to $45 billion, with China's state-backed semiconductor fund leading the charge.

May 6, 2026 at 6:08 AM
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Technology
Navigating AI Investments: Strategic Financial Leadership in a Transforming Era
Image Source : businessinsider.com

Navigating AI Investments: Strategic Financial Leadership in a Transforming Era.

May 4, 2026 at 10:07 AM
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Hedge Funds Harness AI to Revolutionize Market Performance and Risk Management
Image Source : bcg.com
Technology•
May 4, 2026 at 4:22 AM

Hedge Funds Harness AI to Revolutionize Market Performance and Risk Management.

Hedge funds are increasingly adopting AI-native strategies and automation to streamline operations, reduce manual errors, and gain a competitive edge by processing complex global market data in real-time.

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Economy

OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative.

April 29, 2026 at 8:12 PM

The OPEC Fund for International Development has introduced a $1.5 billion financing program, titled E-STAR, aimed at bolstering trade, economic stability, and resilience across its partner nations.

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OPEC Fund Unveils $1.5 Billion Global Economic Resilience and Trade Initiative
Image Credit : thehighstreetjournal.com
Technology

Citi Debuts AI-Driven Wealth Assistant 'Citi Sky' Amidst Memory Technology Hurdles.

Citi has launched 'Citi Sky,' a 24/7 AI-powered wealth advisor, while acknowledging that memory limitations in AI models remain a critical barrier to providing seamless long-term financial guidance.

April 29, 2026 at 9:53 AM
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Finance
Kompas VC Secures €160 Million to Navigate Global Economic Fragmentation

Kompas VC Secures €160 Million to Navigate Global Economic Fragmentation.

April 29, 2026 at 3:06 AM
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Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

April 28, 2026 at 11:31 PM
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Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition
Image Source : alternativefundinsight.com
Finance•
April 28, 2026 at 4:37 PM

Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition.

Izzy Englander's Millennium Management is evolving into an institutional asset powerhouse, exemplified by its recent absorption of Bobby Jain's Jain Global, marking a shift toward private equity-style expansion.

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Local News

Janashakthi Finance Introduces 'Shakthi' to Advance Financial Inclusion for Women.

April 28, 2026 at 1:34 AM

Janashakthi Finance has launched 'Shakthi', a specialized fixed deposit and financial support scheme tailored to empower women in career growth, entrepreneurship, and long-term wealth creation.

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Finance

Why Unit Trusts Remain a Reliable Hedge Against Market Volatility.

The Unit Trust Association of Sri Lanka emphasizes that disciplined investment through unit trusts remains a strategic approach for wealth preservation amidst global economic volatility and market fluctuations.

April 28, 2026 at 12:09 AM
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Finance

Hedge Fund Titan Jain Global Shifts Strategy to Become Exclusive Millennium Asset Manager.

Bobby Jain's firm, Jain Global, is returning approximately $6 billion to external investors and transitioning into an exclusive investment manager for Millennium Management, aiming to leverage the platform's infrastructure and resources.

April 27, 2026 at 2:52 PM
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Local News
Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund
Image Source : news.lk

Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund.

April 27, 2026 at 12:04 PM
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Technology•
April 24, 2026 at 10:27 AM

The Tech-Driven Evolution of Canadian Wealth Management.

Canada's wealth management sector is undergoing a massive transformation driven by WealthTech providers and generative AI, shifting the advisor-client relationship from information gatekeeping to collaborative, data-backed guidance.

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