China News Official Today TheBitTimes.com

AlphaSense has broadened its client base to encompass the majority of companies within the S&P 500 index and virtually every enterprise featured in the Dow 50. AlphaSense, a business-oriented artificial intelligence (AI) platform specializing in business intelligence and search capabilities, has proudly announced the successful conclusion of a $150 million Series E funding round. This pivotal funding round was spearheaded by Bond and boasted participation from Google’s parent company, Alphabet’s investment arm, CapitalG, in addition to esteemed financial institutions like Goldman Sachs and Viking Global. In this latest funding round, the company ’s valuation has surged from $1.7 billion, which was its appraisal when it secured $225 million in its Series D funding round in June 2023, to an impressive $2.5 billion. AlphaSense ’s robust market positioning and sustained growth can be attributed to the recent surge in the field of artificial intelligence. Whi...

The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte. A new blockchain network aimed at financial institutions is in the works from a conglomerate of participants in the finance and tech space, including the likes of Microsoft and Goldman Sachs. According to the announcement on May 9, the Canton Network will be a privacy-enabled interoperable blockchain network aimed at those working with institutional assets. It will allow the synchronization of financial markets that were “previously siloed.” The network will begin testing its capabilities in July, which include extensive privacy controls and the ability to achieve the scale and performance needed by major financial institutions. Participants in the network currently include BNP Paribas, Cboe Global Markets, Digital Asset, Paxos, Microsoft, Goldman Sachs, Deloitte and others. Cathy Clay, the executive vice president at Cboe...