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Cohere and PwC announced a global alliance, initially launching in Canada, to help enterprises move AI projects from pilot programs into production. The partnership combines Cohere’s North agentic AI platform, enterprise models and retrieval technology with PwC’s consulting, regulatory and transformation capabilities. The companies will focus on enterprise search, research, decision support and workflow automation, with private-cloud, on-premises and air-gapped deployment opt

Cohere launched North 2, a major upgrade to its enterprise agentic AI platform, adding a redesigned orchestration system for multi-step agents and automations alongside memory, reusable skills, shared libraries and application creation. The platform remains model-agnostic and can operate in cloud, private-cloud, on-premises and air-gapped environments. Cohere also added more granular cost controls, user quotas and agent-level governance as it targets large enterprises and reg

Revolut has grown to around 80 million customers globally and a valuation of approximately $115 billion, making it Europe’s most valuable startup and an increasingly significant competitor to established banks. The company reported about £1.7 billion in pre-tax profit in 2025, but Reuters highlighted several remaining challenges: revenue per customer is still below that of major incumbent banks, lending represents a relatively small part of the business, and Revolut still nee

Revolut expanded its RevPoints loyalty programme by allowing customers to transfer points directly to hotel reward schemes inside the app. The new partners include ALL Accor, Radisson Rewards, Wyndham Rewards and I Prefer Hotel Rewards, covering more than 20,000 properties worldwide. Transfers are available at no additional cost, extending RevPoints beyond airline miles, lounges and other travel benefits as Revolut strengthens its broader travel and lifestyle ecosystem. Sour

Cohere launched Embed 5, its latest family of enterprise embedding models, with Pro and Fast variants targeting high-quality retrieval and low-latency applications respectively. Embed 5 supports text, images and mixed multimodal inputs, more than 100 languages and context windows of up to 128,000 tokens. The models are available through Cohere’s API, Microsoft Foundry, Amazon SageMaker and the company’s Model Vault for dedicated single-tenant deployments. Source: cohere.com

Revolut has started notifying French customers that their accounts will be transferred from the French branch of Lithuania-based Revolut Bank UAB to the newly established Revolut Bank S.A. in France. Customers are receiving approximately two months’ notice before migration. Existing IBANs, cards, payments and transaction history are expected to remain unchanged, while eligible deposits will move under France’s FGDR deposit protection scheme, covering up to €100,000 per custom

Fitch Ratings revised the outlook on OYO parent PRISM’s long-term issuer ratings to Positive from Stable, citing expected deleveraging, EBITDA growth and management’s focus on a more conservative capital structure. Fitch expects OYO’s revenue to grow 9–14% in FY27–FY28 after a 49.7% increase to ₹93.58 billion in FY26. The agency also affirmed the rating on the group’s $830 million senior secured term loan at B. PRISM reported FY26 EBITDA of ₹25.94 billion. Source: business-st

Revolut plans to deploy around 1,000 ATMs across Colombia as part of its push to build a full-service banking presence in the country. The physical network would complement Revolut’s digital offering and support its effort to compete with established Colombian banks. The expansion follows Revolut securing a Colombian banking licence in September and committing $62 million to its local operations ahead of a planned 2027 launch. Source: atmmarketplace.com

Revolut received approval from the Central Bank of Argentina to acquire Banco Cetelem Argentina S.A. from BNP Paribas Personal Finance, clearing a major regulatory step toward launching banking operations in the country. Following completion of the transaction, the lender will be renamed Revolut Bank Argentina S.A.U. Revolut has already attracted more than 150,000 people to its local waiting list, although the company has not yet announced a commercial launch date. Source: r

Rubrik introduced cross-cloud archival that allows AWS customers to store backup data in Microsoft Azure and restore it back into AWS. Customers can archive data either into their own Azure storage accounts or Rubrik-managed Azure Cloud Vault infrastructure, creating a recovery copy outside the original hyperscaler environment. Rubrik positioned the capability as a way to reduce cloud concentration risk and support regulatory requirements around data portability and operation

OYO parent PRISM is increasing its focus on upscale and upper-upscale hotels in the UK and Europe, using its technology platform to standardize operations and reduce hotel operating costs. CEO Ritesh Agarwal said the company is building the Sunday Hotels brand in the UK, where it has roughly 39–40 properties, while also operating more than 30 Sunday Hotels in Germany. The strategy reflects PRISM’s shift beyond OYO’s traditional budget-hotel segment toward owned, managed and p

Revolut CEO Nik Storonsky confirmed that the company is considering a dual stock market listing on Nasdaq and the London Stock Exchange, rather than choosing a single venue for its eventual IPO. Storonsky said the U.S. remains attractive because of its deeper institutional and retail investor base, while a London listing remains under consideration. Revolut was valued at around $115 billion in its latest secondary share transaction, and the company has indicated that a public

Cohere and Germany’s Aleph Alpha signed a definitive merger agreement to create a combined enterprise AI company valued at approximately $20 billion when the transaction was initially disclosed. The business will operate under the Cohere brand with headquarters in Toronto and Berlin. Schwarz Group is investing €500 million in the combined company and plans major additional investment in compute infrastructure through StackIT. Aleph Alpha co-chief Ilhan Scheer will become Cohe

Revolut secured a full banking licence in Colombia and plans to begin operations in the country in 2027, expanding its presence in Latin America. The company plans to invest $62 million in local digital banking infrastructure, twice its initial planned investment. Revolut intends to offer deposit and high-yield savings accounts, credit cards and unsecured consumer loans. Around 200,000 people have already joined its Colombian waiting list, while the company is also completing

Rubrik unveiled Code Guardian, a new cybersecurity service that uses Anthropic’s Claude Mythos 5 to identify and validate potential vulnerability chains in enterprise source code. The system runs against secure, air-gapped copies of customers’ repositories rather than production environments. Code Guardian analyzes multi-step attack paths, validates whether vulnerabilities are exploitable and can send confirmed issues into Jira or GitHub remediation workflows. The product ent

Revolut confirmed that sensitive customer information was disclosed to an unauthorized third party after attackers submitted fraudulent information requests using an email account from a legitimate government agency domain. Potentially exposed information included identity and contact details, copies of passports or driving licences, verification selfies, account statements and transaction histories. Revolut described the incident as an external impersonation scam and said it

Cohere released North Small Translate, its first dedicated machine-translation model within the North family. The open-weight mixture-of-experts model supports more than 50 languages and is designed for enterprises seeking private or sovereign translation infrastructure. The model has 218 billion total parameters with 25 billion active parameters and can be deployed on enterprise GPU infrastructure. Cohere said North Small Translate achieved an 83.6 score across its WMT26 eva

PRISM, the parent company of OYO, plans to launch its proposed ₹66.5 billion ($700+ million) initial public offering during the current fiscal year, according to founder and CEO Ritesh Agarwal. The offering is structured entirely as a fresh issue, with no offer-for-sale component. PRISM plans to use approximately ₹49.88 billion of the proceeds to repay or prepay outstanding borrowings, with the remainder allocated to general corporate purposes. The company submitted its updat

Revolut is expanding its corporate banking ambitions by targeting larger UK companies, including businesses in the FTSE 250, as it seeks to compete more directly with Barclays, HSBC, Lloyds and NatWest. Revolut Business currently serves about 800,000 customers globally and aims to reach 1 million by 2027. Revenue from the division increased 53% to £708 million in 2025, representing about 16% of group revenue. Its UK banking licence also enables Revolut to expand lending and c

Rubrik launched Apache Iceberg Protection for AWS, extending its data-protection platform to enterprise lakehouse environments. The product backs up both Iceberg data and associated metadata, enabling organizations to recover complete, queryable tables after ransomware attacks, accidental deletion or unwanted AI-agent activity. It supports tables in AWS Glue Data Catalog and Amazon S3 and allows immutable backups to remain inside a customer’s AWS account or Rubrik Cloud Vault