Freehand Raises $75 Million to Automate Enterprise Procurement and Payments
Freehand raised $75 million to expand autonomous AI agents that automate procurement, supplier management, invoicing, and payments for enterprises. These agents can negotiate rates, enforce contracts, manage suppliers, process payments, and reconcile data within enterprise systems.
Read full story →Microsoft Extends Data Center Lifespans to Soften AI Buildout Costs
Microsoft is extending data center lifespans to reduce capital expenditure impacts from AI infrastructure buildout. The company reported Intelligent Cloud revenue increased 32% year over year to $39.3 billion during the quarter ended June 30.
Robinhood Takes an Option Out on Owning Customer Transactions
Robinhood is expanding beyond its traditional retail brokerage business model while reporting record second-quarter 2026 revenues. The company's chief financial officer stated the business is "firing on all cylinders" during the earnings call on Wednesday, July 29.
Zuckerberg Says Billions Will Rely on Personal AI Agents
Zuckerberg predicted that within five years, billions of people will have personal AI agents. He made this statement during Meta's Q2 earnings call, a day after criticizing OpenAI and Anthropic.