Software

• Fund managers are increasingly purchasing European software stocks after a period of significant decline in valuations. • The shift is driven by a decrease in investor fears that artificial intelligence will disrupt or replace traditional software business models. • This trend marks a strategic pivot toward "bargain hunting" in a sector that was previously avoided due to AI-related volatility.

• Dow Jones reported that Wingman Growth Partners raised $215 million for a fund aimed at software-related deals. • The headline points to continued private-equity activity in technology and software, even as public markets remain sensitive to rate and growth signals. • A fundraise of this size suggests investors still see opportunity in software consolidation and specialized buyout strategies.

UK’s third biggest supermarket will use tech of online grocer, which already provides support for M&S and MorrisonsAsda has agreed a deal to use Ocado’s technology to run its online grocery store and home deliveries from next year.Ocado software will be used to support Asda’s grocery website and deliveries from its stores and “dark stores” – smaller warehouses that are not open to the public – from early 2027, the companies announced on Friday. Continue reading...

• A British software stock is experiencing a significant performance surge driven by the ongoing artificial intelligence boom. • The growth is fueled by increased corporate investment from companies seeking to integrate AI products into their existing operations. • This trend highlights the broader market shift as businesses prioritize AI adoption to maintain competitiveness and operational efficiency.

• A May 27 AI news roundup reported that Celonis unveiled what it called AI’s next top model and announced an acquisition aimed at addressing the lack of operational context in enterprise AI. • The same roundup also noted several earlier May developments, including OpenAI’s GPT-5.5 Instant release, described as improving factual accuracy, reducing hallucinations and adding stronger personalization. • It said Google’s Gemma 4 update delivered up to 3x faster inference using multi-token prediction drafters, underscoring how model efficiency remains a major competitive theme.

• Bucharest-based DesignVerse, an AI-driven startup modernizing aviation infrastructure software, secured €4.6 million ($5.5 million) in seed funding. • The funding follows a successful software upgrade project with EUROCONTROL, Europe's air traffic management organization, enhancing enterprise tools across the continent. • This investment highlights growing demand for AI innovations in aviation, positioning DesignVerse to expand its platform amid digital transformation in the sector.

• Anthropic released 10 financially-focused AI agents on May 5 that can automate tasks like building pitchbooks, auditing statements, and drafting credit memos for banks and insurers. • The company announced new data sources for its Claude AI model and revealed that 40% of its top 50 customers are financial institutions, making finance its second-largest revenue segment after technology. • CEO Dario Amodei predicted further software disruption across industries and called for legislation governing the release of powerful AI models, noting that Claude's Mythos model has likely identified tens of thousands of vulnerabilities.