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Business

EnFi Secures $15M to Arm Community Banks with AI Credit Analysts

Boston fintech startup EnFi has closed a $15 million funding round led by Fintop to expand its AI-powered credit decisioning agents. The technology aims to address a critical staffing shortage at regional banks, enabling them to process more loan applications efficiently and compete with larger institutions.

Business

SpaceX and xAI Merge in Historic $1.25 Trillion Deal, Forging Musk's Ultimate Tech Conglomerate

Elon Musk has consolidated his space exploration and artificial intelligence ventures, merging SpaceX and xAI in a landmark transaction that creates a single entity valued at approximately $1.25 trillion. The move signals a strategic pivot to intertwine AI development with interplanetary ambition, though it raises immediate questions about regulatory oversight and market concentration.