SendTech Times

Latest News

1745 articles
Pramaana Labs Raises $27 Mn to Make AI Prove Its Answers
AIFunding
FUNDING GAP:

Pramaana Labs Raises $27 Mn to Make AI Prove Its Answers

Bengaluru-based Pramaana Labs raised $27 Mn in seed funding led by Khosla Ventures to build a verification layer for AI in regulated industries. The company says its system turns questions into formal statements, runs a proof engine and refuses to answer when a proof cannot be established. The financing points to a tougher enterprise AI test: whether models can support tax, law, finance and healthcare work where hallucinations carry legal risk.

June 18, 2026Read More →
DIFC Puts AI Challenger Banks At The Center Of Dubai’s Finance Hub Test
EconomyNews
DEPLOYMENT WATCH:

DIFC Puts AI Challenger Banks At The Center Of Dubai’s Finance Hub Test

DIFC launched a Future of Finance paper arguing that AI-native and cloud-first challenger banks are forcing traditional lenders to rebuild operating models. The paper puts the downside at USD 170bn by 2030 if banks delay decisive transformation, while DIFC points to Dubai’s role between Asia, the Gulf and Africa. The checkpoint is whether banks use Dubai’s regulatory environment to test AI model accuracy, governance and new client services before regional scale-up.

June 18, 2026Read More →