Ovations Technologies has launched SAI360, an AI-powered governance, risk and compliance (GRC) platform in the African market that integrates enterprise risk assessments, regulatory compliance, internal audits and third-party risk intelligence. The solution targets enterprises requiring unified risk management and compliance capabilities.
Source: ITWeb
Gilbert + Tobin, a major Australian law firm, is exploring how AI can transform legal practice and business operations. The firm's leadership discusses strategies for integrating artificial intelligence into law firm services and management. Source: OpenAI
New York's AI safety law has taken effect, requiring major AI developers including OpenAI and Anthropic to register, disclose safety practices, and report critical incidents to regulators. Non-compliance with the new oversight requirements can result in fines. Source: TechCrunch
Anthropic's seven co-founders plan to sell shares in an upcoming IPO, with each founder set to receive approximately $250 million while maintaining collective control of the company. The founders are selling identical numbers of shares at the IPO price midpoint. Source: TechCrunch
Oura, a health tracking wearable company, is acquiring AI-native primary care startup Counsel Health for $625 million. The acquisition follows Oura's decision to indefinitely postpone its planned IPO citing market uncertainty. Source: TechCrunch