Cogna Raises $15M to Revolutionize Enterprise Software with AI
Cogna, a U.K. startup founded by Ben Peters, has raised $15 million to develop AI-driven software that automates enterprise software creation, focusing on ERP systems. Using generative AI and a "natural language compiler," Cogna aims to simplify custom solutions and challenge traditional IT consultancies.
Cogna Raises $15M to Revolutionize Enterprise Software with AI
Cogna, a U.K. startup founded by Ben Peters, has raised $15 million to develop AI-driven software that automates enterprise software creation, focusing on ERP systems. Using generative AI and a "natural language compiler," Cogna aims to simplify custom solutions and challenge traditional IT consultancies.
Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open. "There are several million Russians who can lift their head up from propaganda and try to look for other sources, and I'd say that most look for it on Telegram," he said. Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly hard by higher bond yields. Emerson Brooking, a disinformation expert at the Atlantic Council's Digital Forensic Research Lab, said: "Back in the Wild West period of content moderation, like 2014 or 2015, maybe they could have gotten away with it, but it stands in marked contrast with how other companies run themselves today." For Oleksandra Tsekhanovska, head of the Hybrid Warfare Analytical Group at the Kyiv-based Ukraine Crisis Media Center, the effects are both near- and far-reaching.
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