Welcome back to Week in Review! Tons of news from this week for you, including a hacking group that’s linked to the Spanish government; CEOs using AI avatars to deliver company earnings; Pocket shutting down — or is it?; and much more. Let’s get to it! More than 10 years in the making: Kaspersky first…
Category: Klarna
AI, AI meetings, earnings call, Global Security News, Klarna, TC, Zoom
After Klarna, Zoom’s CEO also uses an AI avatar on quarterly call
After Klarna CEO, Zoom’s CEO opts to use AI avatar for initial comments during the earnings call
AI, Fintech, Global Security News, Klarna
Klarna used an AI avatar of its CEO to deliver earnings, it said
Other than AI Siemiatkowski admission, it wasn’t obvious that this was AI. There were only a few subtle signs.
AI, buy now pay later, Fintech, Global Security News, IPO, Klarna
Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push
Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the…
Global Security News, In Brief, Klarna, StubHub, Venture
Klarna and StubHub delay IPOs because of Trump tariff turmoil
Both firms hoped to raise at least $1 billion in their public market debuts.
affirm, Fintech, Global IT News, Global Security News, Klarna, Walmart
Klarna nabs Walmart away from Affirm and boosts its IPO prospects
On the heels of its IPO filing, Swedish fintech giant Klarna announced on Monday that it will exclusively provide buy now, pay later loans for Walmart. The partnership with Walmart is one that rival Affirm had previously owned. Klarna will provide the loans to Walmart customers through OnePay, a fintech startup in which it owns…
Fintech, Global IT News, Global Security News, IPOs, Klarna, Startups
Profitable Klarna files for a potentially blockbuster IPO
Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are the top take-aways. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, ChatGPT, Enterprise, Global IT News, Global Security News, Klarna, openai, Salesforce, TC
Klarna CEO doubts that other companies will replace Salesforce with AI
The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system. But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I…
Europe, Global Security News, Klarna, London, matt miller, Sequoia Capital, Venture, venture capital
Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year
The writing was on the wall, seemingly. Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics…
AI, AI chatbots, generative ai, Global IT News, Global Security News, hiring, Klarna, TC
Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions
Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s bullishness on AI, the company is not relying entirely on AI to replace human workers who leave, as open job listings — for more humans…