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#Fintech

Fintech (financial technology) refers to innovative digital solutions that improve and automate financial services. From mobile banking and digital payments to blockchain and investment apps, fintech is reshaping how people manage money in the modern world.

79 articles
Financial market data screens showing Big Tech AI capital expenditure of $725 billion in 2026 alongside mass tech layoffs
AI Tech News May 9, 2026 5 min

$725B AI Bet: Big Tech Cuts 92,000 Jobs

Meta, Microsoft, Amazon and Google have collectively committed $725 billion in capital expenditure for 2026 — a 77% jump from last year. At the same time, over 92,000 tech workers have been laid off. The uncomfortable question: is Big Tech funding AI by firing people?

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Digital technology code interface representing DeepSeek AI company China $45 billion funding valuation round 2026
AI Startups May 9, 2026 4 min

DeepSeek Eyes $45B in China-Backed Round

DeepSeek — the Chinese AI lab that shocked Silicon Valley earlier this year — is now seeking its first external funding round at a $45 billion valuation. China's state-backed semiconductor fund is leading talks, with Tencent and Alibaba also reportedly involved. The valuation has doubled in weeks.

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