MIT dropouts' AI startup Delve raises $32M at $300M valuation for automating regulatory compliance using AI agents integrated with customers' tools, attracting Fortune 500 CISOs' investment.
Agentic AI revolutionizes workflows by automating tasks like project creation, CRM updates, and meeting highlights, boosting productivity and efficiency for companies using the Slack platform, leading to increased revenue, reduced costs, and higher customer satisfaction.
AI automation is slashing graduate hiring in accounting and finance as major firms like AIB deploy AI tools for routine tasks, raising fears from trade unions about potential job losses with around 30% of workers in roles vulnerable to AI replacement according to a government study.
AI-powered accounting startup Campfire raises $35 million Series A led by Accel, leveraging AI capabilities like automatic reconciliation and cash flow analysis to win over startups from NetSuite, as founder John Glasgow draws on experience from Invoice2go acquisition.
Swedish AI startup Lovable soars to $2 billion valuation, fueled by rapid growth of its web app-building product reaching $50 million ARR in 6 months and beta launch of AI agent for task automation.
AI agents automate 85% of compliance tasks and embed regulatory standards, providing governance for financial institutions while handling high-risk tasks, boosting capacity and turning compliance into a competitive advantage.
McKinsey's AI tool Lilli, used by over 75% of its employees monthly, creates PowerPoints and handles tasks traditionally done by junior workers, allowing them to focus on higher-value work for clients.
Tiledesk introduces AI agents capable of automating workflows and customer support, customizable for diverse industries, empowering businesses to create AI solutions effortlessly through a visual, code-free AI builder.
Google unveils AI-powered upgrades to Workspace tools like Docs, Sheets, Meet, and Chat, including automated workflows with Workspace Flows, audio versions and writing assistance in Docs, and data analysis in Sheets, empowering businesses to boost productivity and insights.
As AI automates entry-level tech tasks, companies are slashing junior hiring by over 50% since 2019, prioritizing experienced hires and leaving recent graduates struggling to find jobs or delaying careers with grad school amid record unemployment gaps.