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Cohere is emphasizing a “low drama” strategy focused on enterprise AI and return on investment rather than public debates around artificial general intelligence, according to Tech Xplore, citing comments from chief AI officer Joelle Pineau. The Toronto-founded company was launched in 2019 by Aidan Gomez, one of the co-authors of the “Attention Is All You Need” paper. Pineau, who joined Cohere last year after nearly eight years leading Meta’s Fundamental AI Research lab, said

Cerebras Systems is reportedly preparing to raise the price range for its initial public offering as investor demand for the AI chipmaker’s shares continues to build, according to Bloomberg. The company is expected to increase the IPO range to $125–$135 per share as soon as Monday. The offering has reportedly attracted orders for more than 20 times the number of shares available. Bloomberg noted that discussions are still ongoing, and the final IPO terms could change. The pri

Imperial Fund Asset Management and AD Mortgage closed a $424.1 million Non-QM RMBS securitization, A&D Mortgage Trust 2026-NQM3, the companies’ third securitization of 2026. The transaction includes 945 loans, an average borrower credit score of 750 and a weighted average combined loan-to-value ratio of 68.07%. Florida loan concentration fell to 23.0% of the collateral pool from 40.0% in the prior NQM2 transaction, reflecting AD Mortgage’s broader national origination footpri

Revolut reported a record pretax profit of £1.7 billion for 2025, reflecting a 57% increase compared to the previous year. Revenue also grew by 46% to £4.5 billion, surpassing analyst expectations. The London-based fintech firm has marked its fifth consecutive profitable year, with net profit rising to £1.3 billion from £0.8 billion in 2024. The growth in Revolut's customer base significantly contributed to these results, with 15.8 million new retail customers added, totaling

Rubrik's Q4 earnings call highlighted a strong finish to fiscal 2026, with CEO Bipul Sinha describing it as "spectacular." The company reported a record net new subscription annual recurring revenue (ARR) of $115 million, contributing to a total subscription ARR of $1.46 billion, a 34% year-over-year increase. Subscription revenue rose 50% to $365 million, while total revenue reached $378 million, up 46%. CFO Kiran Choudary noted impressive customer growth and retention, with

Financial technology company Revolut has announced the launch of its banking services in the United Kingdom after receiving approval from the Prudential Regulation Authority (PRA). The new entity, Revolut Bank UK, will offer deposit accounts for both individuals and businesses, with eligible deposits protected up to 120,000 British pounds (approximately $160,958) under the Financial Services Compensation Scheme (FSCS). Existing customers of Revolut in the UK will see a gradua

Revolut plans to launch multi-currency business accounts and cards in New Zealand as it seeks to become the first fintech firm to secure a banking license in the country. The licensing would allow the company to offer services such as term deposits and loans. Meanwhile, customers can be reassured that their funds are secure, held in a trust account. Businesses involved in international trade will benefit from the ability to transact in 39 currencies and avoid high bank fees b

Cybersecurity spending is increasing significantly, with Rubrik (RBRK) recognized as a leading company in this sector. According to Wedbush Securities, enterprises are investing heavily in cyber resilience and data protection, with IT budgets expanding by approximately 20% this year. This increase includes a further 20% rise in AI spending, leading to an overall growth of around 33% in technology and AI-related expenditures. Despite changes in the competitive landscape, which

Revolut Business has announced the launch of a new merchant acquiring product in Australia, aimed at streamlining payment processes for businesses. The integrated platform supports account-to-account, online, and in-person payments, allowing businesses to manage all payment operations from a single account. Source: pymnts.com

Rubrik Inc (NYSE:RBRK) is gaining attention as a strong investment prospect in the large cap stock category under $100. On January 5, analyst Saket Kalia from Barclays maintained an Overweight rating for the stock but revised the price target down from $120 to $100, which still indicates an upside potential of over 52%. Additionally, Todd Weller from Stephens recently initiated coverage on Rubrik, also assigning it an Overweight rating with a price target of $105, projecting

Revolut, the British neobank, has submitted an application to Peru’s Superintendencia de Banca, Seguros y AFP (SBS) for a full banking license. This move aims to deepen its presence in Latin America, following successful market entries in Brazil, Mexico, Colombia, and Argentina. The application is part of Revolut's strategy to launch a complete digital banking operation in Peru, catering to underbanked users and those seeking multi-currency services. Source: coinspeaker.com

Revolut, the London-based digital banking and payments service, has applied for a full banking license in Peru as it expands throughout Latin America. If granted, this license would enable Revolut to operate as a regulated bank, joining markets like Brazil, Colombia, and Mexico. Source: cointelegraph.com

Rubrik has launched the Security Cloud Sovereign, designed to provide global organizations with enhanced control over their data, ensuring compliance with national security regulations. This new offering allows customers to dictate where their data is stored and who can access it, addressing concerns about foreign entities gaining control over sensitive information. Chief Product Officer Anneka Gupta emphasized that many customers prioritize data sovereignty, considering it a

Revolut has announced its plans to expand into the Peruvian market by applying for a full banking license and appointing Julien Labrot as the CEO of Revolut Peru. This move aims to establish a locally-rooted, regulated business that caters to Peru's shifting financial landscape and increasing digitalization. With smartphone penetration nearing 100% in Peru, a significant number of adults remain underbanked, presenting an opportunity for Revolut to enhance financial inclusion.

Revolut has applied for a full banking license in Peru, marking its fifth expansion in Latin America. The British fintech firm, valued at $75 billion, aims to grow its customer base to 100 million by 2027, reflecting its strategy to enter high-growth global markets. The move comes as interest in Latin America's digital banking sector rises, driven by widespread smartphone usage and an underbanked population. Source: channelnewsasia.com

Revolut has reached 6 million users in Spain, establishing itself as the fourth largest bank in the country based on penetration. The fintech company's growth in Spain highlights its increasing popularity and expansion in the competitive banking landscape, surpassing traditional banks in terms of user base. This achievement reflects broader trends in the financial services industry, where digital and challenger banks are gaining traction among consumers looking for more flexi

Jim Cramer recently expressed strong support for Rubrik, Inc. (NYSE:RBRK) during a lightning round segment on his show. He praised CEO Bipul Sinha's leadership and highlighted the positive trajectory of the company, urging investors to continue holding the stock. Cramer indicated confidence in Rubrik's performance despite a dip in stock price following its last earnings report, which he found unjustified. Rubrik specializes in data security and protection solutions for cloud,

UK-based financial technology company Revolut has announced its intention to recruit a new private markets team to enhance its wealth management offerings. The initiative aims to develop private equity and other investment opportunities for customers. To support this expansion, Revolut is seeking candidates with backgrounds in asset management, junior investment banking, or private capital advisory. Source: biztoc.com

Revolut has established a new team aimed at making private market investments accessible to retail investors. This initiative reflects the growing trend of democratizing investment opportunities, allowing average consumers to participate in private equity and other traditionally exclusive financial markets. The team will focus on developing products and services that simplify the investment process for individuals, potentially involving platforms that facilitate easier access

Rubrik Inc. (NYSE:RBRK) experienced a significant share price increase of 22.5% following its strong third-quarter earnings report for fiscal year 2026. The company reported a reduced net loss of $63.8 million, down 51.3% from $130.9 million in the same period last year. Revenues surged 48% to $350.17 million, surpassing expectations of $319 to $321 million. The growth was primarily driven by a 52% rise in subscription revenues, totaling $336.4 million compared to $221.5 mill