The company announced it has received €30 million ($36 million) funding from the European Investment Bank, the lending arm of the European Union. "We're proud to receive this stamp of approval from the EIB. It's the type of offer you can't refuse and it will allow us to further accelerate our growth and continue to level the playing field for small businesses, giving them access to tools to take on the big corporations," said Jacob de Geer, CEO and co-founder of iZettle, in a statement. The funding follows the startup's most recent round, which was earlier this year, when it raised $63 million at the same $500 million valuation it had in its last equity round. It appears the valuation is staying the same with this latest round: the money, as with earlier this year, is coming in the form of debt funding and will be distributed over the next three years, the company said.

Woking, United Kingdom and Bangalore, India - September 14, 2017: McLaren Technology Group and Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced that Wipro has become the official technology provider to McLaren Technology Group to help drive digitalisation across its businesses. Wipro will assist McLaren with achieving its recently defined IT strategy, focusing on providing next-generation differentiated IT services to its business divisions with an emphasis on agility and improved reliability. As part of this multi-year partnership, Wipro will leverage the Wipro HOLMES artificial intelligence platform and its next-generation managed services framework to offer flexibility and boost the productivity of McLaren's fast growing automotive and high-tech businesses. Craig Charlton, Chief Information Officer, McLaren Technology Group said, "We are passionate about delivering high performance digital solutions underpinned by robust SLAs across McLaren. Wipro, with its deep domain expertise and vast application services portfolio, will help us achieve excellence as well as drive innovation in Artificial Intelligence."

Dataiku has announced raising $28 million in a Series B round led by Battery Ventures, with participation from FirstMark, Serena Capital, and Alven. The Series B round brings the total amount raised by the New York City-headquartered data science software company to approximately $45 million. Dataiku said the funding will be allocated across three areas: Development, marketing, and recruitment. It plans to double its headcount to 200 employees across its offices in London, New York City, and Paris over the coming months, and add connectors to deep learning frameworks to its platform. Founded in France in 2014, Dataiku offers a "collaborative" platform, called Data Science Studio (DSS), with connectors to data sources, visual data preparation, and prepackaged machine-learning algorithms.

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Augment today announced it has raised $5 million for an AI platform that assists customer service agents at large companies. The startup had operated in stealth for 10 months prior to launch. The company joins competitors like Mattersight, DigitalGenius, LivePerson, and others in its efforts to train AI using conversations between customers and businesses in order to better guide customer service agents. The money will be used to bolster the Augment AI platform, which is trained by an aggregated dataset made up of 100 million conversational interactions at large companies, including Dyson. Augment makes no attempt to replace human agents, only to make them more efficient.

Nvidia's shares, valued at a low $23.3 in 2015, have since surged to hit a high of $190.10 on Monday, with at least four brokerages setting their price targets at $200 or above. Analysts have focused on the company's progress in artificial intelligence, in particular. "Our sense is management believes that investors still severely underestimates the impact of AI and the size of the potential market," Evercore analyst C J Muse wrote in a note on Friday after hosting Nvidia's management. Nvidia has been rapidly expanding into newer technologies including artificial intelligence, cloud computing and self-driving cars, away from designing graphics-processing chips for which the company was known for. Bank of America Merrill Lynch analyst Vivek Arya listed Nvidia a "top pick", basing his view "on (Nvidia's) underappreciated transformation from a traditional PC graphics vendor, into a supplier into high-end gaming, enterprise graphics, cloud, accelerated computing and automotive markets," according to Seeking Alpha.

Fintech startup YayPay has raised $5.3 million in funding led by QED Investors along with co-investors Birchmere and Fifth Third Capital, the direct equity investment subsidiary of Fifth Third Bancorp, with support from 500 Fintech Fund, Aspect Ventures, Gaingels, Techstars, and Zelkova. The funding will aid YayPay's drive to bring automation to the back-office finance operations of mid-sized enterprises. YayPay will use the funding to grow headcount, pursue product development, and increase sales activities. "With modern software powered by machine learning, we aim to turn finance teams into revenue heroes by giving them workflow tools that finally match in robustness those used by their sales and marketing departments. The funding puts YayPay at a major inflection point in which we can now recruit more great talent, roll out a full suite of intelligent order-to-cash automation software, and accelerate sales activities," said Anthony Venus, co-founder and CEO of YayPay.

Booking.com acquired a tiny software company called Evature, which is based in Tel Aviv and offers natural language and chatbot-related technologies for hotels, airlines, travel agencies, and airports. The companies did not disclose the terms of the deal, but only a small sum was likely involved. The company is said to have raised $5 million in funding, and the deal has all the appearances of being an acqui-hire. A Booking.com spokesperson said that the company acquired Evature "to support research-and-development efforts generally, but also specifically in the area of deep learning and artificial intelligence. All of this is a part of Booking's ongoing dedication to testing new areas of technology innovation."

Sophia Genetics, a big data analytics company that's using artificial intelligence (AI) to help medical professionals diagnose and treat patients through genomic analysis, has raised $30 million in a round of funding led by Balderton Capital, with participation from 360 Capital Partners, Invoke Capital, and Alychlo. Founded out of Switzerland in 2011, Sophia Genetics sells itself as "the most advanced artificial intelligence AI for data-driven medicine." Its platform learns from thousands of patients' genomic profiles to improve and expedite patient diagnosis across oncology, hereditary cancer, metabolic disorders, pediatrics, and cardiology. The company said that its AI technology is currently being used by more than 300 hospitals in 53 countries, and it has already analyzed the genomic profiles of more than 125,000 patients. Prior to now, Sophia Genetics had raised around $30 million in funding, and with its latest cash injection the company said that it plans to further develop its technology, recruit top talent, and grow hospitals' adoption of clinical genomics testing.