Amazon's $100B AI Investment, Deepexi's Hong Kong IPO, and SAFE's Autonomous TPRM Platform - Enterprise AI Brief #14

Hi there, Welcome to the latest edition of the Enterprise AI Brief, dated April 25, 2025. This week, we're diving into some exciting developments in the world of artificial intelligence and enterprise solutions. Casey's has teamed up with IntelAgree to enhance their contract management processes using AI technology. Meanwhile, Cavallo is integrating its Profit Max solution with Infor ERP, aiming to streamline operations and boost profitability. In the realm of business and finance, Legit Security has appointed a new VP to lead their AI-native ASPM platform, and Accela has acquired ePermitHub to bolster their AI plan review capabilities. Additionally, Deepexi, an AI startup, is seeking an IPO in Hong Kong, marking a significant step in their growth journey. Stay tuned as we explore these stories and more in this edition.

Casey's, a major U.S. convenience store retailer, has partnered with IntelAgree to enhance contract management using AI tools, aiming to improve efficiency and reduce risks. Cavallo has integrated its Profit Max Platform with Infor ERP systems to enhance profit maximization for distributors through advanced analytics and predictive insights.

Legit Security announced the appointment of Yoav Stahl as Vice President of Product to lead their AI-native ASPM platform. Accela has acquired ePermitHub to integrate its document management and plan review solutions into Accela's Civic Platform. Chinese AI startup Deepexi has filed for an IPO in Hong Kong, aiming to be the first corporate AI application developer listed on the city's stock market.

SAFE has launched the first fully autonomous Third-Party Risk Management platform, achieving $10 million in annual recurring revenue within a year. Confidencial.io will present its new AI data governance solution at RSAC 2025, focusing on preventing data leaks and enhancing AI readiness through a governance layer within AI frameworks. Pillar Security has raised $9 million in seed funding to advance its AI security guardrails for enterprises, aiming to address AI lifecycle risks and integrate with existing infrastructures to prevent security failures.

OPAQUE Systems has launched its Confidential AI platform on the Microsoft Azure Marketplace, enabling secure processing of sensitive data. Amazon CEO Andy Jassy emphasized the need for substantial AI investment, with plans to allocate over $100 billion for AWS AI capabilities by 2025. DXC Technology introduced the AI Workbench, with Ferrovial as its first client, to help businesses scale AI responsibly.

Norm Ai has established two advisory boards to oversee AI development and governance in regulated sectors, involving leaders from Blackstone, Vanguard, and others. Bounteous has appointed Ketan Somani as President of Strategic Industries and Regional CEO for EMEA and APAC, focusing on global strategy and AI initiatives.

Vantiq has partnered with Etevers to expand its intelligent systems in South Korea's healthcare and public sectors. Smobi and Vonage have teamed up to enhance E-commerce customer engagement through RCS messaging. At Japan IT Week Spring 2025, SIMO and MAYA TECHNOLOGIES GROUP launched the AI-driven platform MAYA Inside. Setuply and CPU have formed a strategic partnership to boost operational efficiency with AI automation. Circles and Prodapt are collaborating to help telecom operators transition into tech companies with cloud-native SaaS and AI integration.