The Competition and Markets Authority (CMA) opened invitations to comment (ITCs) as it gathers information on whether the arrangements between several tech firms are within the jurisdiction of UK merger rules and the effect of such partnerships on competition within the AI markets in the UK.
Parloa recently announced the successful closure of a $66 million Series B that will unlock product development innovations and drive market expansion. Parloa's AI platform empowers organizations to deliver personalized, dynamic, and human-like customer experiences while reducing wait times.
Salesforge secured the pre-seed $500K to transform the B2B landscape with its AI-powered sales copilot. Salesforge creates email campaigns focused on personalization and deliverability, while Mailforge creates scalable email infrastructure in minutes.
OpenAI is enhancing its enterprise-grade offerings. Security additions now include Private Link and MFA, the Projects feature allows improved management, the Assistants API was updated, and cost reduction is available via committed GPT-4 throughput and asynchronous workloads.
Mabl, the leading unified test automation platform, has announced the launch of mobile application testing capabilities to its platform. Mabl's AI-powered mobile app testing promises up to 90% improvement in test coverage and reliability, while reducing test creation time to as little as 2 minutes.
Kaffa Roastery, a Helsinki coffee roaster, launched "AI-conic," a coffee blend developed in collaboration with AI consulting firm Elev. Elev provided LLMs with data from Kaffa's best-selling coffees to craft "a new exciting blend." The unconventional result was deemed perfect by blind tasters.
Chemix, an industry leader in battery development, leverages its proprietary MIX R&D platform to automate large swaths of its processes. The $20M Series A round led by Ibex Investors, allows Chemix to scale operations to meet customer demand and venture into more specialized segments.
Smart Reporting raised €23 million to fund its global expansion, product development, and management team growth. Founded in 2014 as an LMU spin-off, their software enables automated, data-driven documentation for doctors. The company plans to grow by negotiating international partnerships.
Adobe recently launched the Firefly Image 3 beta, the latest iteration of its image generation model. Firefly Image 3 brings several advancements to Adobe's image generation solution and powers new features including Structure Reference, Style Reference and Generative Expand.
Octomind recently announced it completed a successful $4.8 million seed funding round led by Cherry Ventures and backed by an outstanding selection of angel investors. The funds will enable Octomind to enhance the capabilities of its AI to automate the software testing process.
United Airlines is taking the next step of its journey into the digital era by exploring some use cases for AI to streamline its internal operations. From its customer service chatbot to developing rerouting tools, the airline has demonstrated it is not fearful of the upcoming AI revolution.
BBC recently announced a £6 million investment destined to transform the online study support resource BBC Bitesize. New tools developed for the platform likely include recommendation systems and personalized testing with custom ethical algorithms at their core.