SAP is acquiring Fieldglass, a technology provider for procuring and managing contingent labor and services, for an undisclosed sum. Headquartered in Chicago, Illinois, with approximately 350 employees, Fieldglass’ cloud-based solution is used in more than 100 countries and 16 languages. The company’s majority investor is Madison Dearborn Partners, a private equity investment firm based in Chicago.
SAP To Acquire Fieldglass
Just in
Series C
Atlan raises $105M
San Francisco, Calif.-based Atlan, providers of a data and AI governance platform, has raised $105 million in a Series C funding round.
AI
OpenAI introduces AI-generated content detection tool
OpenAI has announced the launch of a new tool designed to distinguish content created by artificial intelligence.
Around the web
TikTok and its Chinese owner sue US government over “foreign adversary” law — Ars Technica
TikTok and its owner ByteDance today sued the federal government to block the "Foreign Adversary Controlled Applications" law that would prohibit TikTok in the US if the company isn't sold to a non-Chinese firm, writes Jon Brodkin in Ars Technica.
Fundings
Augment raises $227M
Palo Alto, Calif.-based Augment, an AI coding assistance startup, has emerged from stealth with the announcement of a $227 million Series B funding round.