It’s a little-known fact that many of the world’s financial and government systems still rely heavily on ancient code. This legacy software is often confusing, hard to understand, and extremely costly to replace. Now, artificial intelligence is starting to change that, offering a shortcut to modernize these old systems. The market responded strongly to this
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Basware has introduced new AI agents into its invoice management platform to enhance its existing InvoiceAI capabilities. These agents aim to make financial tasks more efficient by automating routine activities. The company describes this as a move toward “Agentic Finance,” where AI systems handle specific finance functions under set controls. How AI Agents Improve Accounts
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Implementing AI in finance can boost efficiency and profits, but only if it’s managed carefully. Many companies have started experimenting with AI agents, yet few have fully understood how these tools work in real-life scenarios. To get true value, finance teams need systems that combine smart language understanding with strict governance and clear goals. Bringing
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As governments and industries face tighter rules around data, companies are exploring isolated cloud setups to keep their AI operations secure and compliant. These disconnected clouds help businesses run critical systems without relying on constant internet access. They ensure that operations stay smooth, even when external connections are interrupted. Recently, Microsoft introduced new features that
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Anthropic has revealed details about aggressive efforts by foreign labs to steal capabilities from its AI system, Claude. These campaigns involve large-scale efforts to extract proprietary knowledge using deceptive tactics. Such activities pose serious threats to intellectual property and national security, especially as AI models become more powerful and widespread. Massive Campaigns to Copy AI
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Slang AI has raised $36 million in a Series B funding round, bringing its total raised capital to $68 million. The company plans to use the new funds to grow its voice AI platform across various hospitality venues like restaurants and hotels. The round was led by US Venture Partners, with participation from Thayer Investment
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Basis has secured $100 million in a Series B funding round, valuing the company at $1.15 billion. This marks one of the largest recent investments in accounting technology. The funding was led by Accel, with participation from GV, Lloyd Blankfein, and several other prominent investors. The new capital will help Basis expand its AI-powered accounting
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Virtual biology company Turbine has raised $25 million in a Series B funding round. The new investment will help the company grow its virtual cell technology and expand into immunology. This marks a big step for Turbine as it moves beyond its initial focus on oncology research. Funding Highlights and Investor Support The funding round
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A new survey highlights that healthcare organizations are still struggling to fully realize the benefits of interoperability, even as they invest heavily in connecting systems. Despite 76% of leaders citing interoperability as a top strategic goal, many face ongoing hurdles that slow progress and impede AI readiness. Fragmented systems, staffing shortages, and reliance on vendors
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Tavus, a company specializing in human-like AI avatars, has announced the launch of Phoenix-4. This new technology is designed to bring more natural and emotionally aware interactions in live conversations. It aims to bridge the gap between voice synthesis and visual realism in conversational AI. Revolutionizing Visual Behavior in AI Despite advances in voice and
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