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Sunday, 12 November 2023

London-based Monument, a digital bank focused on mass affluent clients, raised a $50M Series B, a source says at a £150M+ pre-money valuation (Mark Kleinman/Sky News)

Mark Kleinman / Sky News:
London-based Monument, a digital bank focused on mass affluent clients, raised a $50M Series B, a source says at a £150M+ pre-money valuation  —  Monument Bank's Series C fundraising is being launched immediately after the completion of a £40m injection from shareholders including Dubai Investments, Sky News understands.



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...