Generative AI features are showing up in mobile apps everywhere. Most of them disappoint. Users ignore them, developers struggle to maintain them, and businesses question whether the investment was worth it. The difference between apps that get AI right and those that miss comes down to how teams approach the work from day one, not…
NEW YORK: Wolters Kluwer, a Dutch information services giant, announced an expanded enterprise collaboration with OpenAI on Wednesday, aiming to embed the AI company’s latest models into software used by professionals in health care, law and accounting. The multiyear agreement gives Wolters Kluwer access to OpenAI’s newest application programming interfaces and platform capabilities, which the company will deploy through its existing…
FRANKFURT: Black Forest Labs, the creator of the popular FLUX image-generation models, said on Tuesday it raised $300 million in a Series B funding round led by AMP and Salesforce Ventures, vaulting the young company to a post-money valuation of $3.25 billion. The funding underscores fierce investor appetite for generative artificial intelligence firms that combine…
NEW YORK – BigBear.ai Holdings, Inc. (NYSE: BBAI), a provider of AI-powered decision intelligence solutions, said on Tuesday it has signed a definitive agreement to acquire Ask Sage, a generative AI platform tailored for defense and national security applications. The acquisition, expected to close in late Q4 2025 or early Q1 2026, marks a strategic…
SAN FRANCISCO – Hippocratic AI, the global leader in safety-focused generative AI healthcare agents, today announced the close of its Series C financing, raising $126 million at a $3.5 billion valuation and bringing its total funding to $404 million. The funding was led by Avenir Growth, a leader in supporting category defining companies in generative…
NEW YORK: HCLTech Ltd., India’s third-largest software services exporter, raised its full-year sales forecast after quarterly revenue from advanced artificial intelligence solutions crossed $100 million, signaling a new phase of monetization for the technology. The company now expects constant-currency services revenue to grow 4% to 5% in the fiscal year through March 2026, up from…
NEW YORK: Accenture (NYSE: ACN) said Thursday it has agreed to acquire NeuraFlash, a leading Salesforce and generative AI consulting firm, in a move to bolster its agentic AI and managed services offerings and expand its reach into mid-market industries globally. Based in Burlington, Massachusetts, NeuraFlash specializes in deploying agentic solutions across sales, service, and…
SAN FRANCISCO: Perplexity AI has made an unsolicited $34.5 billion bid for Google’s Chrome browser, CNBC confirmed Tuesday, marking a bold move amid intensifying competition in the generative AI space. The offer exceeds Perplexity’s most recent valuation of $18 billion, set in July, and nearly doubles its earlier $14 billion valuation. The company said several…
Group reported record assets under management (AUM) of $193.3bn for the six months LONDON: Man Group Plc reported record assets under management (AUM) of $193.3bn for the six months ended 30 June 2025, reflecting net inflows of $17.6bn—11.5% ahead of industry benchmarks—amid what it described as “one of the most challenging periods for trend-following strategies…
LONDON: YouGov Plc, the international research and data analytics group, announced the acquisition of Yabble, a New Zealand based company pioneering the use of generative AI to deliver audience insights. The acquisition will see YouGov acquire Yabble’s technology to power new and valuable insights for clients across the world, while also seeing YouGov’s data become the…
LONDON, UK: Substrate AI (SAI/SAI.B) has entered into an agreement with the FINRA-regulated Californian investment bank, GT Securities, to identify potential investors or partners for its subsidiary, the generative artificial intelligence company Subgen AI Ltd and raise at least €10 million. The agreement valued Subgen AI at €200 million and the investment round will be…
Spacely AI has announced the closure of a pre-seed investment round led by SCB 10X. This strategic infusion of funds is set to propel Spacely AI’s mission of democratizing interior architecture design through its Generative AI platform, enabling users globally to craft their own success in spatial design. Mukaya (Tai) Panich, CEO of SCB 10X,…