Embat Selected for Google AI Founders Forum
Embat, an AI-powered cash and treasury management platform, has been selected for the Google for Startups Gemini Founders Forum. The program will take place at Google’s Mountain View headquarters in November and includes 53 startups chosen from more than 1,000 applicants.
Participation in the program will allow Embat to work with experts from Google DeepMind and Google Cloud AI to enhance its autonomous financial intelligence platform. The company’s technology applies multiple AI techniques, including large language models, reinforcement learning, and domain-specific neural networks.
Embat’s proprietary TellMe engine autonomously reconciles transactions, predicts cash flows, and identifies liquidity risks. Trained on data from over 250 finance teams, it enables clients to save up to 75% of time on reconciliation tasks while achieving more than 90% forecasting accuracy.
The platform’s agentic architecture includes a perception layer that ingests real-time data from over 15,000 financial institutions and ERP systems, and a cognitive layer that analyzes treasury scenarios and manages risk prioritization. The announcement follows Embat’s continued expansion across European markets, including the UK, Ireland, DACH region, and Southern Europe.
Alphabet’s recognition of Embat through this program highlights the growing integration of advanced AI in enterprise financial management.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like Enterprise AI Brief, Finance AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from: Enterprise
More from: Finance
Subscribe to Finance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Whitepaper
Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions
This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.
Read more