Sapiom Secures $35 Million to Help Companies Control AI Agent Costs
Sapiom raised $35 million in Series A funding to expand its platform for shipping, running, and scaling AI agents. The round closed 11 months after the company's founding and 6 months after its $15 million seed round.
Read full story →Chime Converts More Paychecks Into More Products
Chime's Instant Loan originations rose nearly 70% to $300 million in the second quarter, driven by automatic prequalification for qualifying Chime Prime members. The company uses direct deposit data as underwriting infrastructure to expand its lending business beyond its core banking products.
Block’s AI Overhaul Starts Showing Up in Results
Block cut approximately 40% of its workforce and repositioned artificial intelligence as central to operations under CEO Jack Dorsey's restructuring plan. The company's AI integration is beginning to produce measurable results across its business operations.
EBay Rides Luxury, Collectibles and AI to 15% Growth in Q2
eBay achieved 15% growth in Q2 by focusing on luxury goods, collectibles, and artificial intelligence technologies. The company, historically viewed as a mature marketplace, is now competing through these specialized categories rather than relying solely on general merchandise.