Cleaner files mean our underwriting team can focus on high-value risk decisions instead of clearing avoidable conditions, Jake Rowoldt, vice president of information services at Waterstone Mortgage, said in a statement.
Quantro Security's VM.Analyst modernizes vulnerability management with a purpose-built AI platform that addresses traditional challenges facing security operations teams. The outcome is deep analysis and prioritization that goes beyond human capabilities alone.
We want Versori to connect the world's systems. That was the mission statement from day one. As we were going through a period of growth we were facing doing another investment round, but Avalara were already a customer and the strategic fit was very strong.
Neocloud providers, which include the likes of Nscale, CoreWeave and Carbon3.ai, are having a somewhat disruptive impact on the market by making huge commitments to build out hyperscale datacentres in support of the UK government's AI growth agenda. These providers are also taking up capacity in colocation datacentres that some of the hyperscale cloud giants previously committed to renting space in, before pulling out.
According to Dealroom's 2024 European Tech report, mentions of "AI" in European startup pitch decks increased by over 200% between 2022 and 2024. VC funding for AI-adjacent startups surged, even as overall funding in Europe contracted. The signal was unmistakable: if you want capital, you need to speak the language of artificial intelligence.
Our view is that large-language model digital agents can effectively do a non-immaterial portion of the work currently provided by 20-30k independent agents across the United States. The core of the firm's bearish thesis centers on a massive pool of routine, low-complexity insurance policies.
Because of this massive shift, the pressure on business owners has never been higher. Consumers today have zero patience. If your mobile application is slow, or if your website lacks the features they want, they will instantly move to a competitor. To survive and grow, a modern business must be able to create and update its digital tools incredibly fast. However, rushing to build technology introduces a terrible risk: you might accidentally leave your digital doors wide open to criminals.
The fintech giant has unveiled a new strategic direction for Revolut Pay, announcing plans to make its one-tap checkout work seamlessly across all agentic commerce platforms in the UK and the European Economic Area (EEA). At the heart of the move is Revolut Pay's compatibility with Google's Agent Payments Protocol (AP2), positioning the company early in a fast-moving mix of payments and artificial intelligence.
Before the acquisition, Koyeb's platform already helped users deploy models from Mistral and others. In a blog post, Koyeb said its platform will continue operating. But its team and technology will now also help Mistral deploy models directly on clients' own hardware (on premises), optimize its use of GPUs, and help scale AI inference - the process of running a trained AI model to generate responses - according to a press release from Mistral.
Belgian business software company Odoo, also a unicorn, has reached a fresh milestone. Growth investor General Atlantic has increased its stake in the firm, buying additional shares from regional backer Wallonie Entreprendre and pushing Odoo's valuation to roughly €7 billion. This move isn't a typical funding round where a company raises new capital. Instead, it's a secondary transaction: General Atlantic bought existing shares that were previously held by Wallonie Entreprendre, the investment arm of Belgium's Walloon region.
Unilever has struck a five-year partnership with Google Cloud as the CPG giant prepares for a shift toward agentic commerce and artificial intelligence-powered marketing, according to a press release. The owner of brands like Dove and Hellmann's Mayonnaise will migrate its integrated data and cloud platforms to Google to build out an enterprise-wide AI infrastructure. Unilever will use tools such as Google's Vertex AI to develop capabilities in areas including brand discovery, measurement and marketing.
Servicing teams need tools that help them stay ahead of borrower needs while keeping the experience helpful and human, said Ayo Opeyemi, co-founder of Vertyx. Borrower Relationship Management builds on our platform's foundation to help servicers engage homeowners in the right moments through the channels they already use. On the investor side, the Borrower Relationship Management capability uses artificial intelligencedriven analytics to assess a mortgage's return and risk profile, including changes in loan performance and delinquency scenarios.
For Missouri-based community bank OMB Bank, finding the right fintech partner used to be a slow, manual process. Executive Vice President and Chief of Staff Jessica Sims recalls working from static PDFs of the bank's preferences, followed by endless back-and-forth emails whenever a fintech expressed interest. The process worked, but painfully slowly, and promising opportunities often slipped through the cracks.
According to Li Mandri, ING's centralised approach to AI development has resulted in a high success rate for pilot projects, with 90% moving to production compared to the industry average of 30. The bank has standardised on cloud-hosted AI models from preferred partners, which are then made available globally, allowing ING to scale. He says the platform is centrally managed with risk controls, guardrails and real-time monitoring.
In the background, the leader of Anthropic's Safeguards Research Team, Mrinank Sharma, just quit, warning the "world is in peril" from a series of interconnected crises, including AI. Think about that, think about the extent to which you and your business truly meet the standards of AI preparedness, and then consider the challenge it poses to IT decision makers working to keep their heads afloat amid this tsunami of change.