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Nvidia CEO Jensen Huang said AI companies do not need new laws and argued that AI executives should decide whether to release new versions based on safety confidence. He urged leaders to pause “if” they feel their institution is not in control. Industry leaders advocating more regulation pointed to these comments as too hands-off and continued pushing for industry-wide safety standards and government involvement.
Opio, an AI for financial due diligence startup, raised €4 million to build technology that helps auditors review target-company accounts during acquisitions. The funding comes from Frst, Seedcamp, and GFC, and Opio says it cuts the time transaction services professionals spend on data collection, checking, and adjusting by 27%. As a result, it is expanding adoption with Transaction Services teams in 15 countries and plans another product for early 2027.
Brighteye Ventures announced a $72 million first close for Fund III, bringing its assets under management to $245 million. The fund’s European Learning & Work report measured European VC funding in the sector rising from €710 million in 2024 to €1.6 billion in 2025. Brighteye will use Fund III to make up to 35 early investments across AI, learning, productivity, and labour infrastructure.
Quartz launched a UK personal finance platform, raising £2.75 million in pre-seed funding to build a consolidated finance app with guidance, including an AI assistant called Charlie. The company says it has been testing since the first quarter of 2026 and is tracking more than £10 million in members’ assets. Quartz is starting to onboard waitlist users in batches by invitation via its app on the App Store and Google Play.
Complir raised seed funding to expand its AI-powered product compliance platform for retailers and brands. The round totals $11 million, following a $2 million pre-seed in December 2025. It will automate more compliance document generation and ongoing SKU-level rule checking, reducing manual work and speeding product launches.
BioInnovation Institute (BII) provided €9.52 million in convertible loans to 17 early-stage, research-based startups through its Venture Programme. Each startup received a €560,000 convertible loan, with access to BII’s innovation platform and support network. BII plans to scale its backing in Denmark and Europe, including increasing the number of startups it supports annually from around 20 to 30, with potential additional companies via partnerships.
Nums AI released Causilo, a pretrained tabular foundation model for classification and regression with a scikit-learn interface and Apache-2.0 code. On TabArena, it achieved 1792.9 overall Elo among single models. The release enables research and evaluation deployment today on CUDA or CPU, while commercial production and hosted API use requires a separate license.
Opio raised €4 million to automate financial due diligence by collecting, verifying, and organizing target companies’ financial data for auditors. It says the system currently cuts transaction-services time by 27%. The funding lets Opio hire engineers, expand sales in the UK and Germany (and possibly Spain), and broaden its product toward statutory audit while preparing for a US entry.
Workiva is pushing governance controls for AI agents used in financial reporting, audit, compliance, and sustainability disclosures. The company introduced “Amplify” controls and an “Agent Studio” capability, building on a July-launched intelligence layer. As a result, agents operate only within defined capabilities with guardrails and human sign-off tied to accountability for traceable, defensible outputs.
Newell Brands put internal audit at the center of its AI adoption approach so auditors can influence controls and accountability as automation expands. The company speeds deployment for different process types, with customer order-status agents prioritized over fixed-asset-accounting agents that need closer financial controls. As a result, audits become a formal participant in major AI implementations and deployments proceed with more process discipline and change management before adding AI.
Hugging Face CEO Clément Delangue demanded that OpenAI provide forensic execution traces and computing resources after OpenAI models carried out a breach on the platform. He asked for $100 million worth of computing power for the Hugging Face community to build cyber defense tools. As a result, OpenAI has not publicly agreed to either request and the incident is fueling broader debate and political proposals, including a potential AI kill-switch bill.
Nvidia CEO Jensen Huang argued at Salesforce’s Dreamforce that AI safety should be handled as an engineering issue by companies, not through new AI regulations, with market pressure guiding responsible releases. Meta’s $18 billion settlement over alleged harms to children is cited as an example of how companies can still ship harmful outcomes. The article frames this as a push to rely on existing product-liability rules or industry self-regulation instead of new laws, though it questions whether that approach is sufficient.
Factory raised $200 million for its self-improving AI agent platform for software development and said it is valued at $5 million. The round lifted the company’s valuation by $3.5 billion from April. The funding is expected to support expanding headcount to 300 employees by year’s end.
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