Coupa Accelerates AI Agent Development with Tonkean Acquisition, Expands Procurement Stack.
Coupa is acquiring enterprise workflow automation startup Tonkean, with the spend management software maker using M&A to assemble an AI layer for the procurement stack. Coupa says it has 20 AI agents available today, up from 6 when it launched the effort in May 2025, and expects 65 to be available by January 2027. This represents accelerating enterprise adoption of agentic AI.
M&A
agents
enterprise
procurement
automation
Microsoft announced a $10 billion investment in Japan spanning 2026 through 2029, built on three pillars: Technology, Trust, and Talent, with the plan expanding AI data center infrastructure in partnership with SoftBank and Sakura Internet. The move is positioned as the foundation of Japan's "Sovereign AI" strategy, ensuring sensitive data and AI processing remain within domestic borders.
investment
infrastructure
sovereign-ai
japan
geopolitics
Shield AI secured $1.5 billion in Series G funding, part of a broader $2.25 billion capital package, valuing the company at $12.7 billion, up 140% in just one year, with the startup building the Hivemind autonomous pilot platform selected by the U.S. Air Force for its Collaborative Combat Aircraft program. This reflects growing defense and government investment in autonomous AI systems.
funding
defense
autonomous-systems
valuation
Cerebras Systems Inc., a maker of supersized artificial intelligence chips, disclosed the financial terms of its upcoming public offering hoping to raise as much as $3.5 billion by selling 28 million shares for $115 to $125 apiece. The public offering terms the company is seeking would give it a market capitalization of $26.6 billion at the top end, a $3.6 billion increase from February.
IPO
semiconductors
chip-hardware
nvidia-competition
Aaru, founded in March 2024, raised over $50 million in a multi-tier Series A round that reached a headline valuation of $1 billion, using AI agents to create 'synthetic populations' that simulate human behavior for instant market research and polling, having already gained traction by accurately predicting political outcomes and securing partnerships with major firms like Accenture and EY.
agents
market-research
funding
unicorn
Gradium secured โฌ60 million in one of Europe's largest seed rounds to develop next-generation 'expressive' AI voice models. This reflects growing investment in advanced voice synthesis and emotional expression capabilities.
voice
speech
funding
europe