AI finance startup Light raises funding from Revolut backer Balderton

Light uses artificial intelligence to automate companies’ finance and accounting functions. Light Danish startup Light is the latest in a series of European tech firms raising cash as venture capitalists search for the next big thing in artificial intelligence. Founded in 2022, Light develops software that uses AI to automate various functions that exist within…

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BABA, LAC, FCX, QURE and more

Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, the company warned consolidated sales for…

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AI CFA exam pass minutes study

Mediaphotos | Getty Images For humans to pass the prestigious, three-part chartered financial analyst exam, it typically takes around 1,000 hours of studying over the course of several years. New research found that the technology underpinning a slew of artificial intelligence models is now advanced enough to pass even the most difficult – Level III…

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