In a move that signals a seismic shift in how global capital traverses international borders, Augustus—a startup architecting a federally chartered clearing bank for the digital age—has secured $180 million in a Series B funding round. The investment catapults the company to a $1 billion valuation, officially bestowing "unicorn" status upon a firm that aims…
By PYMNTS July 19, 2026 The artificial intelligence hardware sector is witnessing a transformation so rapid that it is challenging traditional metrics of corporate valuation. Etched, a specialized AI chip startup, is currently in advanced discussions that could see its valuation soar to an eye-watering $20 billion. This development marks a significant escalation in the…
In a move that signals a profound shift in how modern fintech giants view the intersection of corporate strategy and artificial intelligence, Ramp, the high-growth spend management platform, has announced a significant restructuring of its executive leadership. The company has elevated co-founder and former Chief Technology Officer Karim Atiyeh to the role of Co-CEO, where…
