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AI & Enterprise

Google deploys agentic AI in Gemini, targets enterprise market first

Google is expanding Gemini from a question-and-answer AI into an agentic AI that can carry out tasks on a user’s behalf, starting with enterprise customers. The company unveiled an integrated agent at a Google Cloud event. CEO Sundar Pichai said Gemini has more than 1 billion monthly active users and about 90 percent of Fortune 100 companies use Gemini Enterprise. Google Cloud CEO Thomas Kurian said the agent can take goals, plan work and connect to internal systems.

AI & Enterprise

Enterprise web browser developer Island raises $400 million at $6.4 billion valuation

Enterprise browser developer Island has raised $400 million in a Series F round, valuing the company at $6.4 billion, up $1.8 billion from its previous funding. The round was led by Evolution Equity Partners, with participation from institutional investors including JPMorgan, Sequoia Capital and Georgian. Island plans to use the proceeds for product development and market expansion and aims to hire 500 employees by mid-2027.

AI & Enterprise

Cyera raises $400 million more from Goldman Sachs to expand AI security

Cybersecurity startup Cyera has raised an additional $400 million from Goldman Sachs at a valuation of more than $12 billion. The investment extends the Series G round that closed in June, SiliconANGLE reported. Cyera provides a cloud platform that locates where sensitive corporate data is stored and checks what it contains, who can access it and whether it is securely stored. The company plans to use the funds to expand AI security features and step up efforts in the federal government segment and overseas markets.