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Funding Belgian cybersecurity unicorn Aikido Security tops European startup ranking Market South Korea's Kospi sinks as chipmakers slide amid geopolitical tension Market Meta, Reliance launch first AI data center partnership in India Research Gemini 3.5 Live Translate adds natural fluency to multilingual voice conversations Policy NIST publishes mathematical proof for continuous AI system monitoring and update security model Research Gemma 4 12B launches encoder-free multimodal architecture for edge AI inference Market Tech stocks lose momentum as AI rally falters amid market correction Chips India targets chip design and manufacturing leadership by 2035 Funding Wise alumni launch $2M pre-seed AI tax automation startup Research Anthropic's Claude Fable 5 tops benchmarks; state-of-the-art on 95% of tested tasks Market Entergy CEO signals AI data centers won't spike power bills; nuclear expansion on track Chips NVIDIA Confidential Computing chips power Apple's Private Cloud Compute infrastructure Market S&P chipmakers post best two-day gain in a month amid enterprise demand Chips Microsoft-backed D-Matrix emerges as chipmaker challenger to Nvidia Chips Infineon's XENSIV TMR sensors unlock new magnetic sensing possibilities Breaking Donut Lab's Solid-State Battery Claims Debunked; Fraud Accusations Mount Market Stock markets recover from sell-off; tech and chip shares lead Asia rebound Chips RISC-V Summit Europe 2026: industry and academia unite in Bologna to advance open hardware Funding OpenAI, Anthropic, SpaceX line up blockbuster IPO exits as 29 AI unicorns emerge in May Market OpenAI confidentially submits draft S-1 to SEC for public listing Funding Belgian cybersecurity unicorn Aikido Security tops European startup ranking Market South Korea's Kospi sinks as chipmakers slide amid geopolitical tension Market Meta, Reliance launch first AI data center partnership in India Research Gemini 3.5 Live Translate adds natural fluency to multilingual voice conversations Policy NIST publishes mathematical proof for continuous AI system monitoring and update security model Research Gemma 4 12B launches encoder-free multimodal architecture for edge AI inference Market Tech stocks lose momentum as AI rally falters amid market correction Chips India targets chip design and manufacturing leadership by 2035 Funding Wise alumni launch $2M pre-seed AI tax automation startup Research Anthropic's Claude Fable 5 tops benchmarks; state-of-the-art on 95% of tested tasks Market Entergy CEO signals AI data centers won't spike power bills; nuclear expansion on track Chips NVIDIA Confidential Computing chips power Apple's Private Cloud Compute infrastructure Market S&P chipmakers post best two-day gain in a month amid enterprise demand Chips Microsoft-backed D-Matrix emerges as chipmaker challenger to Nvidia Chips Infineon's XENSIV TMR sensors unlock new magnetic sensing possibilities Breaking Donut Lab's Solid-State Battery Claims Debunked; Fraud Accusations Mount Market Stock markets recover from sell-off; tech and chip shares lead Asia rebound Chips RISC-V Summit Europe 2026: industry and academia unite in Bologna to advance open hardware Funding OpenAI, Anthropic, SpaceX line up blockbuster IPO exits as 29 AI unicorns emerge in May Market OpenAI confidentially submits draft S-1 to SEC for public listing
Funding

Wise alumni launch $2M pre-seed AI tax automation startup

A team of Wise alumni has closed a $2 million pre-seed funding round for an AI-powered tax compliance startup, according to Sifted. The raises signals fintech-to-vertical-AI flow, with operational expertise from cross-border payments converting into domain-specific automation.

Pre-seed tickets in the $1–3M range for vertical AI remain brisk despite overall funding slowdown, reflecting investor appetite for teams with deep domain knowledge attacking regulated verticals (tax, accounting, HR). The Wise pedigree particularly attracts capital given the founder pool's technical rigor and regulatory navigation experience.

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