Survey reveals major gap between AI governance claims and reality in IT operations
Ivanti research found that 85% of IT professionals claim a named owner exists for every AI agent, but only 42% say ownership is actually clear
Artificial Intelligence
Undo secures €31 million to advance AI-powered software debugging capabilities
Undo, a Cambridge-based scale-up focused on AI-powered root cause analysis, secured €31 million in funding to bring runtime context to AI-assisted software engineering
Italian Hospitality Platform Bestie Bite Secures €1.5M to Fuel US Expansion
Italian startup Bestie Bite raises €1.5M to accelerate US expansion
Berlin AI Startup Qorelo Secures €3 Million in Seed Funding for ERP Modernization
Qorelo, a Berlin-based startup, raised €3 million in Seed funding to automate and simplify the upgrade and migration of ERP projects using SAP software.
Moonshot AI Releases Open-Source Kimi K2.7-Code Model with Enhanced Reasoning Capabilities
Moonshot AI released Kimi K2.7-Code, an open-source update to its K2 coding model family, claiming leaner reasoning and double-digit performance gains.
NanoCo AI and JFrog Partner to Strengthen Security Defenses for Autonomous Agents
NanoCo AI and JFrog partner to launch a joint security integration to protect NanoClaw autonomous agents from malicious code injection
E-novia and Perspective AI Partner to Accelerate AI Adoption in Italian Manufacturing
E-novia and Perspective AI announce a strategic partnership to help Italian manufacturing companies adopt artificial intelligence
Researchers Ditch Text Parsing for Screenshots in New RAG System That Outperforms Traditional Approaches
PixelRAG outperforms text-based RAG across six benchmarks, improving accuracy by up to 18.1% over text-based baselines.
Prometheus Secures $12 Billion in Series B Funding from Major Financial Institutions
Prometheus, an AI startup founded by Jeff Bezos and Vik Bajaj, raised $12 billion in funding at a $41 billion valuation.
Catalyst Romania Launches 100 Million EUR Venture Capital Fund for Central and Eastern European Tech
Catalyst Romania is launching a new venture capital fund with a target size of 100 million EUR, which will invest in companies from Romania and Central and Eastern Europe in sectors such as AI, Fintech, DeepTech, and EdTech.