AI Barometer

Quest Software Secures $350M Investment to Accelerate AI-Driven Innovation and Growth

Quest Software, a global leader in data management, identity security and platform modernization, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"), announced the closing of a refinancing transaction of its outstanding debt with a majority of holders of its existing first lien and second lien term loans. It includes a new capital infusion of $350 million b

Infosys BPM Launches Agentic AI for Autonomous Invoice Processing in Partnership with Microsoft and Americana Restaurants

Infosys BPM, the business process management arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which e

TrustArc Accelerates AI-Powered Privacy Innovation to Redefine Global Compliance

TrustArc, the privacy platform for navigating global compliance and AI risk, is accelerating its AI innovation strategy with powerful capabilities already delivering measurable customer impact, with more to come. With AI integration now table stakes across the software industry, TrustArc is reimagining the future of privacy, shifting from basic workflow automation to a new era of intelligence, i

AI-Native ERP Platform Rillet Raises $25M Series A Led by Sequoia to Reinvent Accounting for the AI Age

Rillet, the AI-native ERP (enterprise resource planning) platform, announced $25M in Series A funding led by Sequoia Capital. This round, which comes 10 months after Rillet's last fundraise, includes existing investors First Round Capital, Creandum, Susa Ventures and top angels, such as former NetSuite CFO, Ron Gill and Lee Kirkpatrick, former Twilio CFO. Many a

JLL Unveils AI-Powered Property Assistant to Transform Real Estate Management Across Retail, Industrial, and Office Assets

JLL announced JLL Property Assistant, the artificial intelligence (AI) assistant designed for real estate owners spanning retail, industrial and office properties. Leveraging the power of JLL Falcon, the industry's first comprehensive AI platform, JLL Property Assistant offers actionable insights and AI-derived recommendations to optimize property performance. "JLL Property Assistant will

Crow Canyon Launches NITRO Help Desk 3.5 with Purpose-Built AI Agentic Framework to Streamline IT Support

Crow Canyon Software is excited to announce the launch of NITRO Help Desk 3.5, now powered by an intelligent AI agentic framework that redefines how IT support teams handle requests, automate responses, and deliver faster resolutions. This release marks a pivotal step in Crow Canyon's mission to bring practical, AI-powered automation to everyday help desk operations. "Our goal was to creat

Huawei Empowers Global CSPs with Intelligent Operations to Navigate Network Complexity and Gen-AI Integration

Operating telecommunications networks is getting more difficult. Networks are converging: fixed and mobile are often both required to provide a given service experience, whether it's an IoT use case or end-to-end network slicing. As networks become more software-driven, operating them requires different skills in maintenance, and assurance. Add to that comp

Intalio Transforms Kuwait’s Ministry of Higher Education with End-to-End Digital Correspondence and Document Management

Intalio, the global leader in Intelligent Information Management, has successfully collaborated with Kuwait's Ministry of Higher Education (MOHE) to transform its entire correspondence management and document handling system. This shows how Intalio can support the Kuwait government in ensuring that the processes adopted are more efficient, smooth, and secure among the departments. A Requirement

FAYBL Launches Autonomous General Agent with Iress Xplan Integration to Cut Advice Time from Hours to Minutes

- FAYBL, a leading innovator in AI-driven financial advisory solutions, proudly announces the launch of its Autonomous General Agent, and successful integration with the API of Iress's (ASX:IRE) Xplan platform. Iress's market-leading Xplan platform has more than 35,000 users and is used by 61% of planners in Australia. "The release of our General Agent marks a significant leap forward for fina

Zilliz Drives Global Retail Shift to AI-Native Search with Milvus and Zilliz Cloud Delivering 75% Cost Savings and Faster Product Discovery

Zilliz, creator of the world's most widely adopted open source vector database, Milvus, today announced widespread adoption of its vector database solutions by leading global e-commerce platforms. From visual search and semantic recommendations to real-time inventory matching, retailers using Zilliz Cloud and Milvus report improved customer experiences, faster performance, and infrastructure sav

Itential Launches MCP Server to Bridge AI Agents and Infrastructure with Secure Governed Automation

New control layer enables AI agents and LLMs to trigger real infrastructure change through governed automation. Itential, the cloud-native leader in network automation and orchestration, announced the launch of the Itential MCP Server at the Network Automation Forum's AutoCon 3 event. The new offering introduces a breakthrough orchestration and governance layer built on the emerging Model Conte

Apple Hit with Federal Lawsuit Over Delayed Apple Intelligence Feature Rollout

Apple Inc. is facing a federal lawsuit alleging false advertising and unfair competition tied to the delayed rollout of its much-anticipated "Apple Intelligence" features. The suit claims that Apple’s marketing surrounding its new iPhone models led consumers to believe that several AI-powered functions would be available at launch, only for many of those capabilities to remain inaccessible

Cathay Innovation Launches $1B AI Fund Amid Global Race for Smarter Tech

Cathay Innovation has announced the launch of a $1 billion global venture capital fund dedicated entirely to artificial intelligence (AI), marking a pivotal moment in the race to fuel next-generation tech disruptors. This fund, the firm’s largest to date, is backed by industry giants including Sanofi, TotalEnergies, and BNP Paribas Cardif, and is aimed at driving growth in AI-powered start

Casio Unveils MTG-B4000: A G-SHOCK Timepiece Co-Designed by Humans and AI

Casio Computer Co., Ltd. announced the latest addition to the G-SHOCK brand of shock-resistant watches: the MTG-B4000. This new timepiece features a distinctive frame developed in a process of collaboration between human designers and AI technology. The MTG-B4000 joins the MT-G line of timepieces, all of which utilize a unique construction that makes the most of the properties of both meta

Siro Raises $50M Series B to Bring AI-Powered Conversation Intelligence to In-Person Sales

Led by SignalFire, the round fuels growth of AI-powered conversation intelligence platform built for face-to-face sellers Siro, the AI-powered conversation intelligence platform for in-person sales, today announced it has raised $50 million in Series B funding led by SignalFire, with participation from 01 Advisors, StepStone Group, and existing investors CRV, Fika Ventures, and Index Ventu

AI-Powered Smart Water Pioneer Phyn Acquired by Investor Group Led by Jonathan Scott to Usher in New Era of Intelligent Home Protection

Phyn, the industry leader in intelligent water solutions, has been acquired by a powerhouse group of investors led by entrepreneur and television personality Jonathan Scott. This strategic acquisition transitions Phyn from Belkin's ownership to a newly independent company backed by a high-profile group of investors with deep experience in technology, real estate and entertainment united in the

Silverside AI and Vivaldi Group Forge Strategic Partnership to Accelerate AI Adoption for Global Brands

Silverside AI, an AI innovation lab founded by creative agency Pereira O'Dell and global independent network Serviceplan Group, is announcing a strategic partnership with Vivaldi Group, a leading global strategy and business reinvention consultancy. Together, the two firms will launch co-branded solutions and strategic programs that guide Fortune 500 companies through AI adoption— b

Parcel Perform Unveils AI Decision Intelligence to Empower E-Commerce Leaders in the Age of AI Commerce

Parcel Perform champions the need for businesses to 'Think Bigger on AI.' As Artificial Intelligence (AI) fundamentally reshapes how consumers discover, evaluate, and choose online shops, e-commerce sales are increasingly won through superior experience and demonstrable reliability. "The dawn of AI Commerce fundamentally changed the rules for attracti

Weaviate and AWS Forge Strategic Collaboration to Accelerate Enterprise-Grade GenAI Deployment

Weaviate, the AI-native vector database, tannounced that it has signed a strategic collaboration agreement with Amazon Web Services (AWS). Weaviate runs on AWS, providing a foundation for customers to build and scale secure GenAI applications from development to production, boosting productivity, increasing business growth, and improving user experience. To support enterprises looking to

New Gen Launches With $4.5M to Power AI-Native Commerce for Human and Machine Shoppers

Backed by $4.5 million in seed funding, New Gen is reshaping digital commerce for human and AI shoppers. SAN FRANCISCO, May 20, 2025 /PRNewswire/ -- As AI platforms like ChatGPT reshape how people and AI agents search and shop, brands are under pressure to deliver seamless, intelligent experiences. Between July 2024 and February 2025, traffic to U.S. retail websites from generative AI sources g

Finch AI Joins AWS Intelligence Community Marketplace to Empower National Security Analysts

Finch AI, developer of superpowered tools for analysts, announced its entry into the Amazon Web Services (AWS) Intelligence Community Marketplace (ICMP), joining a select group of technology vendors with experience supporting unique and important national security needs. "We look forward to bringing our products and capabilities to the AWS IC Marketplace because we know it's a first-stop for th

Persist AI launches Cloud Lab platform after $12M Series A to transform pharmaceutical formulation with AI and robotics

Persist AI, a pioneer in AI-driven robotics for pharmaceutical formulation development and Chemistry, Manufacturing, and Controls (CMC), announced the launch of its innovative Cloud Lab platform following the successful closure of an oversubscribed $12 million Series A financing round. The new platform allows pharmaceutical companies to develop formulations using Persist AI's state-of-the-art ro