ServiceNow has invested $40 million in BusinessNext, an Indian banking software specialist, to expand its financial services and give BusinessNext a strategic partner to expand its AI-powered banking software globally.
Travis Kalanick's robotics company, Atoms, has raised $1.7 billion in funding led by a16z, with Uber also participating as an investor. The company claims to use industrial AI to modernize the world.
Monday.com is reducing its headcount by 20%, or approximately 630 staff, to "support a leaner, more focused operating model" as the company shifts its focus toward its AI Work Platform.
Glow has emerged from stealth with a $1.2B valuation, targeting new endpoint security risks created by the rapid adoption of AI agents and developer tools within enterprises.
Synthesia has introduced AI Roleplay Sessions, an interactive training platform that uses AI avatars to provide employees with live coaching, feedback, scoring, and analytics to measure training effectiveness.