The launch comes as Mistral, which develops open-weight language models and a Europe-focused AI chatbot Le Chat, has appeared to be playing catch up with some of Silicon Valley's closed source frontier models. The two-year-old startup, founded by former DeepMind and Meta researchers, has raised roughly $2.7 billion to date at a $13.7 billion valuation - peanuts compared to the numbers competitors like OpenAI ($57 billion raised at a $500 billion valuation) and Anthropic ($45 billion raised at a $350 billion valuation) are pulling.
In this comprehensive interview at SAP Connect in Las Vegas, Stephan de Barse, President of Global Business Suite at SAP, makes the case for why best-of-breed enterprise software is being replaced by best-of-suite approaches, driven by the commoditization of the application layer through AI. De Barse, who previously spent seven years at o9 Solutions, a best-of-breed supply chain vendor, brings a unique perspective to the debate.
Enterprises can move from small pilots to full deployments without violating their jurisdiction's rules on where data should live. The reality is that, earlier, most security and compliance teams weren't rejecting GenAI because of model design; they were rejecting it because storing data in the US or EU pushed them into conflict with GDPR, India's incoming DPDPA norms, UAE's federal rules, or sector-specific mandates like PCI-DSS,
"You have to pay them a lot because there's not a lot of these people for the world," Gomez said. "And so there's tons of demand for these people, but there's not enough of those people to do the work the world needs. And it turns out that these models are best at the types of things those people do."
PromptQL is an enterprise platform that aims to automate some of the work of a typical consultant, like surfacing insights and generating reports. It helps clients build custom AI analysts by integrating their internal data with the foundation models they already use. Once deployed, these AI analysts can perform tasks typically handled by data scientists or engineers - and continuously learn and adapt to their environments over time.
In the UK, artificial intelligence (AI) is no longer a buzzword reserved for tech conferences and research labs - it's an engine driving tangible transformation across industries. Healthcare, in particular, stands at the forefront of this change. From automating administrative tasks to accelerating medical research, AI is creating opportunities for both the public and private sectors to work smarter and more efficiently. A new era of intelligent healthcare solutions
ServiceNow CEO Bill McDermott does not see artificial intelligence as a threat to business software, but rather as an opportunity to increase the value of enterprise platforms. According to him, the future lies not in autonomous AI systems that render traditional software obsolete, but in close collaboration between AI models, hyperscalers, and integrated business solutions. In an interview with CNBC, McDermott explained that ServiceNow has aligned its strategy with collaboration with the three largest hyperscalers.
Dreamforce 2025 is imminent, with 50,000 people due to descend on the Moscone Center to hear about the latest advancements across its cloud, data, collaboration, and AI offerings. In the past few years, Salesforce has gone from strength to strength, with sustained growth and an exploding customer base for its offerings. The CRM giant has gone all in on enterprise AI in moves to meet customer demand, recording 120% revenue growth across its Data Cloud & AI segments in FY25.
Google on Thursday launched a comprehensive AI platform for businesses called Gemini Enterprise, the latest effort by the Alphabet-owned company to compete with Anthropic and OpenAI in the fast-growing market for workplace AI tools. As part of the launch, Google announced several new Gemini Enterprise customers, including the software design firm Figma; the buy-now-pay-later company Klarna; the foodservice distributor Gordon Foods; Australian retail bank Macquarie Bank; and Virgin Voyages,
[without a] central repository for conversations, valuable insights go untapped. Otter enables organizations to realize the full potential of meetings by creating proprietary intellectual property from all conversations and building a comprehensive corporate knowledge base that scales with business growth.
For years, security leaders have treated artificial intelligence as an "emerging" technology, something to keep an eye on but not yet mission-critical. A new Enterprise AI and SaaS Data Security Report by AI & Browser Security company LayerX proves just how outdated that mindset has become. Far from a future concern, AI is already the single largest uncontrolled channel for corporate data exfiltration-bigger than shadow SaaS or unmanaged file sharing.
During its developer conference in San Francisco, OpenAI made it clear that the next phase of growth for the company lies in the business market. According to Reuters, the AI pioneer announced several strategic partnerships with Spotify, Zillow, Mattel, and others. At the same time, new features were unveiled to help developers more easily integrate OpenAI's technology into their own applications.
According to Rajat Taneja, Visa's president of technology, the global payments company has woven AI into every part of its business. Employees across Visa are tapping AI in their everyday workflows for tasks ranging from data analysis to software development. The company has built more than 100 internal AI-powered business applications tailored to specific use cases and has over 2,500 engineers working specifically on AI. Visa is also using AI to create new products and services for its customers, such as faster onboarding, simplified processes for managing disputes, and infrastructure for agentic AI technologies.
On Thursday at an internal town hall, BNY CEO Robin Vince unveiled the next-generation version of Eliza, its AI platform that allows employees to create bespoke agents and carry out tasks such as accelerated check processing built on reams of company data. "We think of AI as generating capacity for us," Vince said at the town hall. According to a BNY spokesperson, 98% of the company's employees are trained on generative AI, with the majority using Eliza daily.