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Headlines · 2
- Nevis raises $70M to expand its AI platform for wealth advisers
Nevis raised $70 million in a Series B round led by EQT Ventures, bringing its total funding to $110 million, The Next Web reported. Charles Schwab and QuantumLight joined the round, while Sequoia Capital, ICONIQ and Ribbit Capital invested more. The company plans to add agent features, expand custodian and wealth-software integrations, and grow its product and sales teams.
The Next Web · 🔥 0 - Revolut builds own foundation models as CEO eyes Meta-scale ambition
Revolut CEO Nik Storonsky said at the Wave by Vento event in Turin that the company already trains its own foundation models on transaction data, along with its own large language models and data centres. He said AI agents will be able to shop for customers using Revolut's secure card details, that the company plans AI advice on spending, stocks and funds, and that it will open its platform so third-party agents can talk to its own agents through MCP, with every action authenticated by the customer. Revolut previously partnered with OpenAI to bundle ChatGPT Go into its subscriptions.
The Next Web · 🔥 0
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