Tropical Storm Risk (TSR) has released its pre-season forecast for the 2025 Atlantic hurricane season today and has raised its figures for the number of storms and hurricanes it predicts, also raising the number of landfalling US hurricanes in its forecast to 3, while joining calls for an above-average level of activity.Back in December 2024, … Read more
Welcome to the May 2025 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition kicks off with the news that Altruist has announced a $152 million fundraising … Read more
Nvidia CEO Jensen Huang discussed concerns about Huawei Technologies’ growing artificial intelligence (AI) capabilities with US lawmakers, according to a senior congressional committee staff source. The issues were raised during a closed-door meeting between Nvidia executives and the US House of Representatives Foreign Affairs Committee on Thursday. Among the topics discussed were Huawei’s AI chips … Read more
1Fort, the AI platform for business insurance, announced it raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC and Company Ventures. This latest round … Read more
Sydney, Australia, Mar. 19, 2025, CyberNewswire — Sydney-based cybersecurity software company Knocknoc has raised a seed round from US-based venture capital firm Decibel Partners with support from CoAct and SomethingReal. The funding will support go-to-market, new staff, customer onboarding and product development. The company has appointed Adam Pointon as Chief Executive Officer. Pointon “The opportunity … Read more