Search results for Adyen
AI & Enterprise
Cost-effectiveness becomes a competitive edge as AI cost-cutting techniques evolve
Companies are stepping up efforts to use AI more cost-effectively as usage grows and expenses weigh. Some are cutting AI costs by mixing cheaper models with high-performance systems from OpenAI and Anthropic, or by using routing software that selects models automatically. Others set limits on employee usage or restrict access to expensive models. Firms are also refining prompts to reduce “thinking” time. Open-source models, including Chinese ones, are gaining share.
Finance
OpenAI, Kraken and AmEx join April\'s top 5 global fintech M&A deals
Global fintech mergers and acquisitions in April highlight efforts to secure AI capabilities, bring operations under regulatory infrastructure and expand payments and loyalty businesses. Crypto firms moved to acquire exchanges to obtain regulatory licences, while big tech and financial companies focused on absorbing AI-based personal finance and corporate spending management technology. Payward, OpenAI, American Express, Mimir Group and Adyen pursued deals spanning digital assets, AI finance and payment infrastructure.
AI & Enterprise
Corporate ID verification startup Duna raises 30 million euros
Duna, a corporate identity (ID) verification startup founded by former Stripe employees, has raised 30 million euros in a Series A funding round, TechCrunch reported on Feb. 4 local time. Alphabet growth fund CapitalG led the round, joined by senior executives from Stripe and Adyen as angel investors. Duna offers tools that help fintech firms onboard corporate clients more efficiently and aims to build global trust infrastructure to reuse verification data across platforms.
