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Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and has budgeted ~$12.07B for AI processors (Financial Times)

Financial Times : Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and...

30 July 2024

Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023 (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023  —  We've been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023 …

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