Stuut uses AI to automate accounts receivable for companies that desperately need their payments collected. The startup just raised $29.5 million in Series A funding led by Andreessen Horowitz. Customers include Honeywell, Wayfair, and other industrial firms.
The US freight market is experiencing a significant downturn with truckload volumes falling across all categories. Trade tensions and inventory strategies are creating what analysts call a “structural goods recession” in transportation.
European markets surged following Nvidia’s impressive quarterly results, with the STOXX 600 rising 0.7%. The rally provided temporary relief from AI bubble concerns while investors awaited key U.S. jobs data.
Dell has pushed back the launch of its secretive internal systems overhaul, Project Maverick, by three months. The ambitious project aims to replace decades-old infrastructure across the company’s two main divisions. Delays stem from challenges scaling the new systems to handle Dell’s global operati
Abbott Laboratories is acquiring cancer test maker Exact Sciences for $21 billion. The deal comes as Abbott’s diagnostic division faces declining revenue from COVID tests that once generated over $8 billion annually.
Ernst & Young’s responsible AI approach has dramatically transformed risk assessment processes. Their framework reduced a 50-hour task to just 6 hours while enabling more strategic risk-taking. The key insight? Proper guardrails don’t slow innovation—they accelerate it.
RIB Software is bringing digital transformation to South Africa’s construction sector with tools that provide real-time project visibility. Their software helps prevent cost overruns and reduces environmental waste by integrating estimating, planning, and financial controls. The company emphasizes t
Walmart is moving to acquire R&A Data, a company that uses AI to detect counterfeit products on online marketplaces. This comes after CNBC found at least 43 vendors using stolen business identities on Walmart’s platform. The marketplace grew 17% globally and is becoming a critical profit driver for
Perplexity is making two major moves – securing a government contract for AI access at just 25 cents per agency and launching agentic shopping with 5,000 merchants. The company joins Google and xAI in offering heavily discounted AI to federal agencies while expanding into commerce.
Perplexity AI is rolling out a free shopping product for US users just in time for holiday spending. The company has partnered with PayPal and will connect users with over 5,000 merchants directly through its search engine.
