Author: TFT

Apax acquires Finastra’s Treasury Division for $2B In a bold play to reshape the future of financial infrastructure, private equity giant Apax has acquired Finastra’s Treasury & Capital Markets (TCM) division in a landmark $2 billion transaction. The deal, announced in early June 2024, marks one of the biggest carve-outs in recent fintech history. Apax Partners, already a known investor in the software and services space, is betting big on the digital evolution of global capital markets. By taking over Finastra’s TCM arm, which serves over 1,000 banks and financial institutions worldwide, Apax is positioning itself as a major force…

Bengaluru based HealthTech startup MediBuddy to raise $130M India’s leading digital health platform, MediBuddy, is preparing to raise $130 million in a pre-IPO funding round ahead of its planned public listing. The move signals a bold push to cement its position as one of the most influential players in India’s healthtech landscape. With rising competition from new-age health startups and deep-pocketed players in the telemedicine space, MediBuddy is scaling aggressively, both to capture more market share and to prove long-term sustainability to potential public market investors. According to insiders familiar with the deal, MediBuddy is in advanced talks with multiple…

AIIMS‑Patna Partnership with Indian Government At a quiet press briefing in Patna, a major shift in Indian healthcare was announced: AIIMS-Patna is officially rolling out AI-powered medical devices in partnership with the central government. This initiative, launched under India’s National Health Mission framework, is part of a growing push to bring artificial intelligence into public hospitals across underserved regions. The goal is to use AI to speed up diagnostics, reduce the burden on overworked doctors, and bring a new level of precision to patient care. AIIMS-Patna will serve as a pilot site for this initiative, testing devices that include AI-powered…

A $300 million bet has just been placed on the future of health technology In one of the most aggressive moves in recent digital health funding, venture capital firm HealthKois has launched a $300 million fund dedicated entirely to backing early-stage healthtech startups. The announcement, made at a closed-door summit in San Francisco, caught the attention of investors, founders, and healthcare executives alike. The fund is designed to fuel innovation at the intersection of artificial intelligence, biotechnology, and digital health services. HealthKois, known for its investments in next-gen diagnostics and AI-powered clinical tools, is now aiming to become a leading…

In early 2024, a hospital in Birmingham performed over 200 prostate surgeries using a robot, without a single major complication. The procedures, carried out at Queen Elizabeth Hospital using the da Vinci robotic surgical system, marked a turning point in how the UK’s National Health Service (NHS) is embracing technology to solve one of its biggest challenges: surgical backlogs. With post-COVID waiting lists at record highs and a strained workforce, the NHS has begun turning to robotic-assisted surgery not just for precision and safety, but for scale. The aim is clear: reduce surgery waiting times and relieve a system under…

AI in healthcare and curing diseases We are living in the era of artificial intelligence. From education and finance to food and retail, nearly Every industry is upgrading with AI. A lot of tasks that once required lawyers, accountants, or consultants are now easily answered by AI prompts on Open AI, Grok or Perplexity AI. But what about AI in Healthcare? What about its uses and benefits in detection of diseases and curing them? What about cancer, rare genetic disorders, or Alzheimer’s? It is a very interesting take on AI’s potential in the next ten years, especially in the healthcare…

Saudi Arabia has launched a $100 billion national AI company named ‘Humain’ Backed by the country’s powerful Public Investment Fund (PIF), the move stunned the global tech community. Not because the kingdom announced another mega-project, but because of what it represents: Saudi Arabia is not just importing technology anymore. It is now actively positioning itself as a builder and exporter of advanced artificial intelligence. The launch of Humain marks a pivotal shift in Saudi Arabia’s digital transformation strategy. It isn’t just about catching up, it is about leading. The oil-rich nation, once dependent on foreign expertise, is now aiming to…

In 2023, a video game company appointed an AI as its interim CEO. NetDragon Websoft, a Chinese tech firm with over $2 billion in annual revenue, made headlines when it gave the top executive role to an AI named “Ms. Tang Yu.” According to the company, the AI was responsible for operational decision-making, performance evaluation, and even managing human resource workflows. The announcement sparked equal parts fascination and fear. Could this be a glimpse of the future? Could AI not only assist executives but replace them entirely? As generative AI systems like OpenAI’s GPT-4, Anthropic’s Claude, and Google’s Gemini evolve…

The Rise of Decision-Centric Warfare: When AI Replaces Human Judgement Modern military strategy is no longer just about firepower, it’s about who can process information faster. AI-powered systems are shifting warfare toward decision-centric operations, where machines analyze battlefield data, identify targets, and recommend actions in real time. The U.S. Joint All-Domain Command and Control (JADC2) initiative, for example, aims to fuse intelligence across air, land, sea, space, and cyber domains powered by Artificial Intelligence. In these fast-moving environments, human-in-the-loop decision-making is becoming a bottleneck. AI speeds up response times but introduces new risks: opaque algorithms, potential bias in threat detection,…

Would you trust an AI that can diagnose disease but doesn’t know that fire burns? In 2023, Meta launched CICERO, an AI agent that could beat most humans at the board game Diplomacy. Unlike chess or Go, Diplomacy isn’t just about strategy. It requires negotiation, reading social cues, and making promises. CICERO succeeded because it didn’t just compute moves, it inferred motivations. Yet, it still couldn’t grasp that a glass of water spills if tipped over. That’s the puzzle: AI systems can master complex games or code generation, but struggle with basic, common-sense reasoning. Despite reaching milestones in image generation,…