Town, a San Francisco startup that gives each person at work an AI work assistant, has raised $108m in a Series B that values it at $1bn. Forerunner Ventures and Menlo Ventures co-led the round, the company announced on Monday. Existing investors a16z …
UiPath’s marketing team has stopped paying outside firms to pull together its advertising data. The head of its paid media team built an AI agent on UiPath’s own platform instead, chief marketing officer Michael Atalla told TNW. It collects the data, a…
Established software companies have to rebuild their products around AI, not add it as one more feature, SAP’s chief AI strategy officer Sean Kask said. He spoke at Wave by Vento in Turin on Thursday. “Like the famous quip that every company is becomin…
Zendesk will end the year with about $400m of AI revenue, up from about zero two years ago, chief executive Tom Eggemeier told TNW. Most of it comes from AI agents that customers pay for only when they resolve a case. Eggemeier has run Zendesk since la…
Miro co-founder and chief executive Andrey Khusid says adding AI to existing teams and processes will not deliver its full productivity gains. Companies need to redesign how work happens from the ground up, he said. He spoke at Wave by Vento in Turin o…
Nous Research has raised $90M to build a business version of Hermes, its open-source AI agent. Nvidia, Microsoft’s M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator and Menlo Ventures are among the investors, chief executive Dillon Roln…
The Dutch tax and customs administration has dropped its move to Microsoft 365 in the cloud. Its office software will instead run on servers it controls, together with European open source tools. State Secretary for Finance Eelco Eerenberg set out the …
Zoom has opened the speech recognition behind its My Notes tool to other companies, and is in conversation with some AI note-taking firms that are considering switching to it, chief technology officer XD Huang told TNW. He said Zoom wants AI that finis…
Kanu AI has come out of stealth with $11.7m in funding. The Seattle startup builds software that runs inside a customer’s own cloud. Accel, BMW i Ventures and a16z speedrun joined a round led by Trilogy Equity Partners, the company said in a statement …
Enterprise AI has moved from experimentation to a material line item. Companies can count tokens, licenses, agent runs and lines of AI-generated code. Yet many still cannot answer the question that determines what happens next: which AI initiatives are…