Simile Raises $200 Million Series B at $2 Billion Valuation
Simile raised a $200 million Series B led by Greenoaks Capital at a $2 billion valuation to expand its human behavior simulation platform.
Business applications of AI across industries, including corporate implementations, workflow automations, and solutions for operational efficiency.
Simile raised a $200 million Series B led by Greenoaks Capital at a $2 billion valuation to expand its human behavior simulation platform.
Bridgit introduced AI agents and an MCP connection for its construction workforce planning platform, adding tools that can build teams, find assignments, summarize project changes, create org charts, and prepare workforce schedules.
S&P Global Market Intelligence will add Farsight's AI powered financial workflow capability to Capital IQ Pro later this year. The tool will help bankers and investors create pitch decks, confidential information memoranda, and valuation materials using firm templates and past work.
REcore is leading Project NexusRE toward alpha and beta testing after NorthstarMLS won the Inman Innovator Award for work on listing data governance in AI systems.
ADA has completed its acquisition of Algonomy, adding retail AI decisioning technology to its platform and expanding the combined business to 34 markets.
Daydream launched Powered by Daydream, a program that lets fashion brands and retailers add its natural language search and visual discovery tools to their own websites.
Outmarket AI launched a Data Intelligence Platform that combines agency management system data with policy, proposal, and loss run documents for natural language analytics.
Defense Unicorns and Paramify have partnered to integrate Paramify's compliance automation platform into the Unified Defense Stack for federal and defense customers.
Pentera has added AI native web application testing to its security validation platform, with beta access for selected customers and general availability planned for Q4 2026.
HD Hyundai's HD Korea Shipbuilding & Offshore Engineering signed an MOU with Fraser Industries to modernize U.S. shipyards with robotics, automation, AI, digital platforms, and workforce training.
Equinix reported $2.625 billion in second quarter 2026 revenue, up 16% from a year earlier, and raised its full year guidance and long term outlook.
Meta reported second quarter revenue of $60.8 billion, up 28 percent from a year earlier, while net income fell 14 percent as costs and capital spending rose.
Freehand raised a $75 million Series B to expand autonomous AI agents for supply chain spend and back office operations. Battery Ventures and NewRoad Capital Partners co led the round, bringing total funding to $100 million.
CleanCore Solutions has signed a 10 year colocation agreement with Cerebras Systems for an AI data center campus in Minnesota. The project is expected to generate about $800 million in contract value over the initial term.
Ultima Genomics and BaseClear announced that BaseClear has adopted Ultima's UG200 Platform and will offer sequencing services in Europe and globally. BaseClear is the first Ultima Certified Service Provider in Europe.
Bestow has announced Bestow Labs, a team focused on AI native products for life and annuity insurance carriers. The company also expanded its platform support across term, whole life, and indexed universal life products.
NBS says Heron has cut underwriting time by about half and helped underwriters review 25% to 40% more submissions each day.
SAS and Swiss Re have partnered to combine catastrophe risk data with AI and actuarial modeling for insurance underwriting, pricing, and portfolio management.
Encore AI raised $30 million in Series A funding led by Team8, Planven, and The Garage. The company will use the funding to expand global deployment of its enterprise AI platform for customer interactions.
Glassbox introduced Glassbox Pulse and the Glassbox MCP Server to give enterprise AI systems governed access to digital experience intelligence.