Flex Raises $60M to Expand AI Financial Platform for Mid-Sized Businesses
AI fintech startup Flex secures $60 million in Series B funding to provide integrated financial solutions for mid-sized business owners.
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AI fintech startup Flex secures $60 million in Series B funding to provide integrated financial solutions for mid-sized business owners.
OpenAI invests in Thrive Holdings, embedding teams into its portfolio companies to accelerate AI adoption. The move deepens OpenAI’s circular dealmaking strategy with partners that also invest in it.
China’s National Development and Reform Commission warned that rapid growth in humanoid robotics fueled by heavy funding may lead to a bubble, as many firms create similar robots without proven applications.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
Tokyo-based Sakana AI closed a ¥20 billion ($135M) Series B round, valuing the startup at $2.65 billion. The company builds generative AI models optimized for Japanese language, culture, and enterprise needs.
Oracle’s bonds are under pressure after reports indicated the company may take on an additional $38 billion in debt to expand its AI and cloud infrastructure, raising concerns among investors.
Tencent posted 15% year-on-year revenue growth in Q3 2025, driven by AI-enhanced advertising, gaming expansion, and stronger cloud services, surpassing analyst expectations.
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.
Alphabet, Microsoft, and Meta announced higher capital expenditures as they invest in AI and data centers. Investors favored Alphabet for its strong cash flow coverage.
Amazon is cutting about 14,000 corporate roles as part of a broader restructuring to streamline operations and accelerate investment in generative AI technologies.
A Special Purpose Vehicle is a separate legal entity created to manage financial risk, hold assets, or fund specific projects. In AI, SPVs are used to support innovation, protect investors, and structure focused ventures such as model development or data infrastructure projects.
OpenAI’s computing agreements have now surpassed $1 trillion, spanning deals with AMD, Nvidia, Oracle, and more – a milestone that underscores the capital intensity driving AI infrastructure expansion.
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