Trending News: Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’Postman launches an AI agent builder on top of its API platformDoti gives enterprises a flexible AI-powered search experience to unlock their data silosSales knowledge automation platform 1up gets a third of its customer leads from memesLindus Health raises $55M to ‘fix the broken clinical trial industry’Vertice raises $50M for its AI-powered SaaS spend platformMicrosoft is no longer OpenAI’s exclusive cloud providerOpenAI teams up with SoftBank and Oracle on $500B data center projectScale AI’s Alexandr Wang has published an open letter lobbying Trump to invest in AIPerplexity launches Sonar, an API for AI searchMistral AI plans IPOUK plans ‘digital wallet’ for driver’s licenses and other ID, plus a chatbot powered by OpenAIAnthropic plans to release a ‘two-way’ voice mode for ClaudePresident Trump repeals Biden’s AI executive orderUK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracyFriend delays shipments of its AI companion pendantOpenAI’s agent tool may be nearing releaseAt the Microsoft Excel World Championship, selfies and a ‘hype’ tunnelDeepSeek claims its reasoning model beats OpenAI’s o1 on certain benchmarksHere are the types of AI companies enterprise VCs want to back in 2025AI vision startup Metropolis is buying Oosto (formerly known as AnyVision) for just $125M, sources sayThe Pentagon says AI is speeding up its ‘kill chain’AI benchmarking organization criticized for waiting to disclose funding from OpenAIAI isn’t very good at history, new paper findsFTC says partnerships like Microsoft-OpenAI raise antitrust concernsAmazon suspends US drone deliveries following crash at testing facilityAI startup Character AI tests games on the webPerplexity acquires Read.cv, a social media platform for professionalsOpenAI is trying to extend human life, with help from a longevity startup$200M woolly mammoths and a farewell to TikTokNord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to productionDespite VCs investing $75B in Q4 , it’s still hard for startups to raise money, data provesApple pauses AI notification summaries for news after generating false alertsNvidia releases more tools and guardrails to nudge enterprises to adopt AI agentsNintendo unveils the Nintendo Switch 2Nintendo teases Mario Kart as first Switch 2 titleMistral signs deal with AFP to offer up-to-date answers in Le ChatIn AI copyright case, Zuckerberg turns to YouTube for his defenseChinese AI company MiniMax releases new models it claims are competitive with the industry’s bestMore teens report using ChatGPT for schoolwork, despite the tech’s faultsMeta adds 200 megawatts of solar to its 12 gigawatt renewable portfolioOpenAI is bankrolling Axios’ expansion into four new marketsTikTok owner ByteDance powered an e-reader’s unhinged AI assistantThis Week in AI: Will Biden’s AI actions survive the Trump era?AI researcher François Chollet founds a new AI lab focused on AGIGoogle inks deal with The Associated Press to bring more real-time info to GeminiAs Gen Z job applicants balloon, companies are turning to AI agent recruitersGoogle raises the price of Workspace plans, includes its AI features for freeRockfish is helping enterprises leverage synthetic dataOpenAI tests phone number-only ChatGPT signupsMicrosoft’s newest Copilot plan for business is pay-as-you-goSynthesia snaps up $180M at a $2.1B valuation for its B2B AI video platformNvidia backs MetAI, a Taiwanese startup that creates AI-powered digital twinsMeta execs obsessed over beating OpenAI’s GPT-4 internally, court filings revealNintendo Switch 2 could be announced this week: The rumors (and facts) so farGoogle’s NotebookLM had to teach its AI podcast hosts not to act annoyed at humansOpenAI appoints BlackRock exec to its boardBiden administration opens up federal land to AI data centersApple joins consortium to help develop next-gen AI data center techChatGPT now lets you schedule reminders and recurring tasksWith $30 million in new funding, SEEQC thinks chips are key to building useful quantum computingOpenAI quietly revises policy doc to remove reference to ‘politically unbiased’ AIAWS pledges to spend $5B in Mexico, launches new Mexico server regionThoras helps companies reach reliability without overspending on cloud costsOpenAI’s AI reasoning model ‘thinks’ in Chinese sometimes and no one really knows whyBioptimus raises $41M to develop a ‘GPT for biology’UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigationMicrosoft forms new internal dev-focused AI orgOpenAI presents its preferred version of AI regulation in a new ‘blueprint’The first AI chip startup to go public in 2025 will be BlaizeBiden administration proposes sweeping new restrictions on exporting AI chipsA 24-year-old who exited his first company to Coinbase, raises $3M for his next ventureRaspberry AI raises $24M from a16z to accelerate fashion designMoody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providersMore money comes to AI healthcare: Qventus nabs $105M at a $400M+ valuationUK throws its hat into the AI fireCoreWeave’s first international data centers are now live in the UKResearchers open source Sky-T1, a ‘reasoning’ AI model that can be trained for less than $450What’s behind ballooning video game budgets?Nvidia’s AI empire: A look at its top startup investmentsMicrosoft accuses group of developing tool to abuse its AI service in new lawsuitNew OpenAI job listings reveal its robotics plansVCs say AI companies need proprietary data to stand out from the packHow OpenAI’s bot crushed this seven-person company’s web site ‘like a DDoS attack’Hugging Face settles suit with AI startup FriendliAI, which had accused it of patent infringementThe new Atari handheld knows its marketLive Updates CES 2025: The final reveals and analysis as the event nears its end$5B livestream shopping apps, Nvidia reveals, and the weirdest tech at CESGumloop, founded in a bedroom in Vancouver, lets users automate tasks with drag-and-drop modulesNvidia’s AI avatar sat on my computer screen and weirded me outHippocratic AI raises $141M for creating patient-facing AI agentsChatGPT’s newest feature lets user assign it traits like ‘chatty’ and ‘Gen Z’Google folds more teams into DeepMind to ‘accelerate the research to developer pipeline’Mark Zuckerberg gave Meta’s Llama team the OK to train on copyrighted works, filing claimsGoogle’s Daily Listen AI feature generates a podcast based on your Discover feedRounded is an AI orchestration platform that lets anyone build an AI voice agentGrand Games, the Turkish startup behind Magic Sort, drinks up $30MElon Musk agrees that we’ve exhausted AI training dataCES 2025: The weirdest tech products and claims from this year’s eventCES 2025 was full of IRL AI slop
Wed. Jan 22nd, 2025
Trending News: Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’Postman launches an AI agent builder on top of its API platformDoti gives enterprises a flexible AI-powered search experience to unlock their data silosSales knowledge automation platform 1up gets a third of its customer leads from memesLindus Health raises $55M to ‘fix the broken clinical trial industry’Vertice raises $50M for its AI-powered SaaS spend platformMicrosoft is no longer OpenAI’s exclusive cloud providerOpenAI teams up with SoftBank and Oracle on $500B data center projectScale AI’s Alexandr Wang has published an open letter lobbying Trump to invest in AIPerplexity launches Sonar, an API for AI searchMistral AI plans IPOUK plans ‘digital wallet’ for driver’s licenses and other ID, plus a chatbot powered by OpenAIAnthropic plans to release a ‘two-way’ voice mode for ClaudePresident Trump repeals Biden’s AI executive orderUK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracyFriend delays shipments of its AI companion pendantOpenAI’s agent tool may be nearing releaseAt the Microsoft Excel World Championship, selfies and a ‘hype’ tunnelDeepSeek claims its reasoning model beats OpenAI’s o1 on certain benchmarksHere are the types of AI companies enterprise VCs want to back in 2025AI vision startup Metropolis is buying Oosto (formerly known as AnyVision) for just $125M, sources sayThe Pentagon says AI is speeding up its ‘kill chain’AI benchmarking organization criticized for waiting to disclose funding from OpenAIAI isn’t very good at history, new paper findsFTC says partnerships like Microsoft-OpenAI raise antitrust concernsAmazon suspends US drone deliveries following crash at testing facilityAI startup Character AI tests games on the webPerplexity acquires Read.cv, a social media platform for professionalsOpenAI is trying to extend human life, with help from a longevity startup$200M woolly mammoths and a farewell to TikTokNord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to productionDespite VCs investing $75B in Q4 , it’s still hard for startups to raise money, data provesApple pauses AI notification summaries for news after generating false alertsNvidia releases more tools and guardrails to nudge enterprises to adopt AI agentsNintendo unveils the Nintendo Switch 2Nintendo teases Mario Kart as first Switch 2 titleMistral signs deal with AFP to offer up-to-date answers in Le ChatIn AI copyright case, Zuckerberg turns to YouTube for his defenseChinese AI company MiniMax releases new models it claims are competitive with the industry’s bestMore teens report using ChatGPT for schoolwork, despite the tech’s faultsMeta adds 200 megawatts of solar to its 12 gigawatt renewable portfolioOpenAI is bankrolling Axios’ expansion into four new marketsTikTok owner ByteDance powered an e-reader’s unhinged AI assistantThis Week in AI: Will Biden’s AI actions survive the Trump era?AI researcher François Chollet founds a new AI lab focused on AGIGoogle inks deal with The Associated Press to bring more real-time info to GeminiAs Gen Z job applicants balloon, companies are turning to AI agent recruitersGoogle raises the price of Workspace plans, includes its AI features for freeRockfish is helping enterprises leverage synthetic dataOpenAI tests phone number-only ChatGPT signupsMicrosoft’s newest Copilot plan for business is pay-as-you-goSynthesia snaps up $180M at a $2.1B valuation for its B2B AI video platformNvidia backs MetAI, a Taiwanese startup that creates AI-powered digital twinsMeta execs obsessed over beating OpenAI’s GPT-4 internally, court filings revealNintendo Switch 2 could be announced this week: The rumors (and facts) so farGoogle’s NotebookLM had to teach its AI podcast hosts not to act annoyed at humansOpenAI appoints BlackRock exec to its boardBiden administration opens up federal land to AI data centersApple joins consortium to help develop next-gen AI data center techChatGPT now lets you schedule reminders and recurring tasksWith $30 million in new funding, SEEQC thinks chips are key to building useful quantum computingOpenAI quietly revises policy doc to remove reference to ‘politically unbiased’ AIAWS pledges to spend $5B in Mexico, launches new Mexico server regionThoras helps companies reach reliability without overspending on cloud costsOpenAI’s AI reasoning model ‘thinks’ in Chinese sometimes and no one really knows whyBioptimus raises $41M to develop a ‘GPT for biology’UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigationMicrosoft forms new internal dev-focused AI orgOpenAI presents its preferred version of AI regulation in a new ‘blueprint’The first AI chip startup to go public in 2025 will be BlaizeBiden administration proposes sweeping new restrictions on exporting AI chipsA 24-year-old who exited his first company to Coinbase, raises $3M for his next ventureRaspberry AI raises $24M from a16z to accelerate fashion designMoody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providersMore money comes to AI healthcare: Qventus nabs $105M at a $400M+ valuationUK throws its hat into the AI fireCoreWeave’s first international data centers are now live in the UKResearchers open source Sky-T1, a ‘reasoning’ AI model that can be trained for less than $450What’s behind ballooning video game budgets?Nvidia’s AI empire: A look at its top startup investmentsMicrosoft accuses group of developing tool to abuse its AI service in new lawsuitNew OpenAI job listings reveal its robotics plansVCs say AI companies need proprietary data to stand out from the packHow OpenAI’s bot crushed this seven-person company’s web site ‘like a DDoS attack’Hugging Face settles suit with AI startup FriendliAI, which had accused it of patent infringementThe new Atari handheld knows its marketLive Updates CES 2025: The final reveals and analysis as the event nears its end$5B livestream shopping apps, Nvidia reveals, and the weirdest tech at CESGumloop, founded in a bedroom in Vancouver, lets users automate tasks with drag-and-drop modulesNvidia’s AI avatar sat on my computer screen and weirded me outHippocratic AI raises $141M for creating patient-facing AI agentsChatGPT’s newest feature lets user assign it traits like ‘chatty’ and ‘Gen Z’Google folds more teams into DeepMind to ‘accelerate the research to developer pipeline’Mark Zuckerberg gave Meta’s Llama team the OK to train on copyrighted works, filing claimsGoogle’s Daily Listen AI feature generates a podcast based on your Discover feedRounded is an AI orchestration platform that lets anyone build an AI voice agentGrand Games, the Turkish startup behind Magic Sort, drinks up $30MElon Musk agrees that we’ve exhausted AI training dataCES 2025: The weirdest tech products and claims from this year’s eventCES 2025 was full of IRL AI slop
Wed. Jan 22nd, 2025

Vertice raises $50M for its AI-powered SaaS spend platform

  • staffstaff
  • AI
  • January 22, 2025
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Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x in the three years since its inception (similar […]

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