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Cognitive Credit raises $40m to scale specialist data and AI for credit markets

Corporate credit data, analytics, and AI technology provider Cognitive Credit has closed a $40 million strategic growth investment led by Summit Partners with participation from ETFS Capital.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Read the original at finextra.com →

More in AI

US stocks fall as AI doubts ignite tech selloff

US stocks tumbled on Thursday and the Nasdaq posted its steepest daily drop since early June as a batch of high-profile earnings reports ignited fresh fears about the AI spending race.

  • Nasdaq drops 2.6% amid AI concerns after earnings reports
  • Meta Platforms' stock falls 7% over AI spending and split
  • Tech-heavy indexes suffer largest daily decline since June

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