Innovation

AI & ML
Enterprise Software

Dili raises $21.7m from Khosla Ventures for AI compliance platform

The AI-native compliance startup has closed a $15m Series A led by Khosla Ventures to expand real-time payroll and audit monitoring for infrastructure
The AI-native compliance startup has closed a $15m Series A led by Khosla Ventures to expand real-time payroll and audit monitoring for infrastructure
Semiconductors
Enterprise Software
Datatech

Kratos selects Rangeview for superalloy turbine casting development

Kratos has picked El Segundo foundry Rangeview to develop flight-quality cast superalloy components for its drone and missile turbine engine programmes.
Kratos has picked El Segundo foundry Rangeview to develop flight-quality cast superalloy components for its drone and missile turbine engine programmes.
AI & ML
Enterprise Software

Marquee raises $6.5m to expand AI analytics platform for pro sports

The New York-based startup says its AI decision layer is live with over 20 clubs across the Premier League, Serie A and MLS.
The New York-based startup says its AI decision layer is live with over 20 clubs across the Premier League, Serie A and MLS.
Cybersecurity
Cloud Infrastructure
Enterprise Software

Radware posts record Q2 revenue of $82.3m on cloud ARR surge

The NASDAQ-listed cybersecurity vendor reported 11% year-on-year revenue growth, with cloud ARR crossing $100m for the first time.
The NASDAQ-listed cybersecurity vendor reported 11% year-on-year revenue growth, with cloud ARR crossing $100m for the first time.
AI & ML
Enterprise Software

Red Cat's Teal Drones wins $2.49m US Air Force Black Widow order

The NASDAQ-listed drone maker said the firm-fixed-price contract covers Black Widow systems and support for an Air Force Security Forces operational assessment.
The NASDAQ-listed drone maker said the firm-fixed-price contract covers Black Widow systems and support for an Air Force Security Forces operational assessment.
AI & ML

Why 42 per cent of enterprise AI projects are abandoned

New research found that the share of companies abandoning most of their AI initiatives before they reach production has jumped from 17 per cent to 42 per cent in a year

New research from S&P Global Market Intelligence found that the share of companies abandoning most of their AI initiatives before they reach production has jumped from 17 per cent to 42 per cent in a year.

AI & ML
Enterprise Software

Onton launches Ontology 1 trust model for agentic commerce

San Francisco startup Onton says its from-scratch Ontology 1 model outperformed Google Shopping and Amazon on product-information accuracy in head-to-head benchmarks.
San Francisco startup Onton says its from-scratch Ontology 1 model outperformed Google Shopping and Amazon on product-information accuracy in head-to-head benchmarks.
Enterprise Software
Datatech

Bolt Business reports double-digit growth in Nigeria

Bolt's corporate mobility arm has posted double-digit year-on-year growth in Nigeria, citing rising demand from SMEs and large enterprises alike.
Bolt's corporate mobility arm has posted double-digit year-on-year growth in Nigeria, citing rising demand from SMEs and large enterprises alike.
AI & ML
Enterprise Software

Imperial Business School launches MSc in AI, Economics and Policy

Imperial College London is launching what it calls the UK's first master's degree combining technical AI training with economics, law and governance.
Imperial College London is launching what it calls the UK's first master's degree combining technical AI training with economics, law and governance.
Cybersecurity
Enterprise Software
AI & ML

Ask4Support launches AI readiness service for UK enterprises

The Oxfordshire MSP says its new service helps organisations adopt AI tools securely, with governance and compliance built in from the outset.
The Oxfordshire MSP says its new service helps organisations adopt AI tools securely, with governance and compliance built in from the outset.
AI & ML
Enterprise Software

Yango Ventures backs Egypt's Fincart in $2.8m seed round

UAE-based Yango Group's corporate venture fund has joined an oversubscribed $2.8m seed round in Egypt's e-commerce operations platform Fincart.
UAE-based Yango Group's corporate venture fund has joined an oversubscribed $2.8m seed round in Egypt's e-commerce operations platform Fincart.
Enterprise Software
AI & ML

Oxane Partners secures TA Associates growth investment

Private credit software provider Oxane Partners has taken a strategic growth investment from TA Associates to accelerate AI development and global expansion.
Private credit software provider Oxane Partners has taken a strategic growth investment from TA Associates to accelerate AI development and global expansion.
Enterprise Software
AI & ML

Banking and finance jobs contract as UK labour market shifts

Employment Hero platform data shows banking and finance employment fell 1.6% month-on-month in June, with median salaries hitting a 13-month low.
Employment Hero platform data shows banking and finance employment fell 1.6% month-on-month in June, with median salaries hitting a 13-month low.
AI & ML
Enterprise Software

Radisson and Accenture launch hotel booking app inside ChatGPT

Radisson Hotel Group has built a ChatGPT app with Accenture that lets travellers search live rates and book across more than 1,000 properties by
Radisson Hotel Group has built a ChatGPT app with Accenture that lets travellers search live rates and book across more than 1,000 properties by
Cybersecurity
AI & ML
Enterprise Software

Saviynt hits $300m ARR and launches Zuma AI identity platform

Saviynt has surpassed $300m in ARR and launched Zuma, a platform for governing AI agents and non-human identities in enterprises.
Saviynt has surpassed $300m in ARR and launched Zuma, a platform for governing AI agents and non-human identities in enterprises.
Semiconductors
AI & ML
Data Centres

Eliyan hits unicorn status with $145m Series C for AI interconnects

Santa Clara chiplet specialist Eliyan has closed a $145m Series C at a $1bn valuation, backed by Cisco Investments and Lumentum.
Santa Clara chiplet specialist Eliyan has closed a $145m Series C at a $1bn valuation, backed by Cisco Investments and Lumentum.
Cybersecurity
Enterprise Software

Eviden and Thales add Galileo PRS to French army nav receiver

Thales' Galileo PRS capability has been integrated into Eviden's P3TS military receiver to improve jamming and spoofing resistance for French army vehicles.
Thales' Galileo PRS capability has been integrated into Eviden's P3TS military receiver to improve jamming and spoofing resistance for French army vehicles.
AI & ML
Enterprise Software

Freehand raises $75m to deploy AI agents across enterprise supply chains

The San Francisco startup said Battery Ventures and NewRoad Capital co-led the round, with deployments live at Meta, Unilever and Johnson & Johnson.
The San Francisco startup said Battery Ventures and NewRoad Capital co-led the round, with deployments live at Meta, Unilever and Johnson & Johnson.
AI & ML
Enterprise Software

Lunar Outpost wins NASA backing for Starweave swarm software

NASA has selected Lunar Outpost's Starweave autonomous robotic swarm platform under its Announcement of Collaboration Opportunity programme.
NASA has selected Lunar Outpost's Starweave autonomous robotic swarm platform under its Announcement of Collaboration Opportunity programme.
Cloud Infrastructure
Semiconductors

Nokia Q2 net sales rise 8% as AI and Cloud demand more than doubles

Nokia reported Q2 net sales of EUR 4.8bn, up 8% year-on-year, with AI and Cloud customer revenues growing 105% as order intake
Nokia reported Q2 net sales of EUR 4.8bn, up 8% year-on-year, with AI and Cloud customer revenues growing 105% as order intake
Subscribe to Innovation