The Source Signals
Tech news is everywhere. Intelligence isn't.
GCC & London based 1001 raises $30M Series A funding
Lux Capital's lead on 1001's $30 million Series A, with Sanabil and a roster of US operators joining, reflects a shift in where applied AI is now proven.
Banks Spend $700bn a Year on Technology and Still Cannot Deploy AI. Stitch Is Building the Layer That Changes That.
The financial services sector has spent over $1tn on digital transformation in three years and most institutions still cannot get AI to work at scale. Mohamed Oueida, Founder and CEO of Stitch, has spent three years building the infrastructure foundation that makes it possible, and Andreessen Horowitz has just backed him with $25m to prove it globally.