Artificial Intelligence

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Engineers who helped build Salesforce’s Agentforce raised $5.1M to build its opposite

A London startup called Zaro has come out of stealth. Cherry Ventures led its $5.1mn pre-seed round. Zaro wants to build one AI workspace that a company owns, not its software vendors. Who is backing Zaro The angel list is senior for such an early round. Hugging Face co-founder Thomas Wolf and GitHub chief Thomas […]

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An ‘anti-private-equity’ startup raised $225M to buy Main Street software and rebuild it with AI

Private equity buys companies, strips out costs, and flips them. A two-year-old startup called Beacon has raised hundreds of millions to do almost the opposite, and to let AI do the heavy lifting. Beacon, an “AI-native” holding company based in Toronto and San Francisco, said on Tuesday it had raised a $225mn Series C led […]

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Inside the move from generative AI to agentic AI in enterprise finance

Generative AI has already changed how companies draft, summarize and search for information. The next challenge is more complex: whether AI can coordinate work across business systems while preserving controls, auditability and human accountability. That is the central test for agentic AI. Unlike a chatbot that returns an answer, an agentic system can interpret a goal, […]

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The UK is reviewing its £330M NHS deal with Palantir, and may pull the plug in 2027

The British government has put its most contentious health-tech contract on notice. It is now formally reviewing the NHS’s £330mn deal with Palantir, and weighing whether to walk away in 2027. Technology minister Liz Kendall confirmed the review this week, telling Times Radio that “the current health secretary is reviewing every single aspect of that […]

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Apple’s real AI story isn’t Siri: it’s a 20-billion-parameter model that runs from your iPhone’s flash

The headline from Apple’s developer conference was a reborn Siri. The more interesting story sits underneath it: the AI models Apple built to run the thing, one of which is far too big to fit in an iPhone’s memory, yet runs on the device anyway. In a technical post published alongside WWDC, Apple detailed the […]

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Apple’s real AI story isn’t Siri: it’s a 20-billion-parameter model that runs from your iPhone’s flash Read More »

A $200bn software investor declares the ‘SaaSpocalypse’ over. Not everyone is convinced

Four months ago, AI looked like it might gut the software industry. This week, one of its biggest investors declared the threat over. The truth sits somewhere in between. Speaking at the SuperReturn International conference in Berlin, Orlando Bravo, founder of Thoma Bravo, one of the world’s largest software-focused private equity firms with almost $200bn […]

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Alta Ares raised €50M to make shooting down a drone cheaper than the drone itself

A Shahed attack drone costs tens of thousands of euros. The missiles traditionally fired to shoot one down can cost a million or more. A French startup has raised €50mn to fix that maths. Alta Ares, a Paris-based defence-technology company founded in 2024, said on Tuesday it had closed a €50mn round led by Air […]

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Robot-arm maker Standard Bots hits a $1bn valuation to scale US manufacturing

America wants to build robots, not just import them. A New York startup has just raised $200mn to do exactly that. Standard Bots has closed a $200mn round that values the company at $1bn, minting a fresh robotics unicorn. The financing was led by General Catalyst and RoboStrategy, a fund dedicated to robotics, and marks […]

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NinjaOne’s valuation more than doubles to $12.3bn, and it says it didn’t even need the money

Most startups raise money because they need it. NinjaOne has just raised more than $400m to make the opposite point. The Austin-based IT-operations company said on Tuesday that a fresh round of Series C extensions has more than doubled its valuation to $12.3bn, up from the $5bn it was worth only 16 months ago. The […]

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NinjaOne’s valuation more than doubles to $12.3bn, and it says it didn’t even need the money Read More »

A UK firm trained a “sovereign” NHS triage AI that it says rivals Claude, at a fraction of the cost

The NHS does not lack for AI pitches. What it has lacked is one that keeps patient data inside the country. A British software firm says it now has it. OneAdvanced, the Birmingham-based SaaS company whose software touches more than 40 million NHS patients a year, has launched what it bills as the UK’s first […]

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