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Stock impact report

London AI firm V7 expands from image data labelling into workplace automation [Yahoo! Finance]

UiPath, Inc. Class A (PATH) 
Company Research Source: Yahoo! Finance
Today the company announced it was debuting a V7 Go, a software platform that relies on large AI models to automate white collar business tasks. The company said the platform is already being used by a number of customers, including an asset management firm that is using it to extract data from confidential memos; a biotech company that is using it to mine information from scientific research papers; and a freight company that is using it to automate the processing of shipping documents. Many consider business process automation the next big category poised to be disrupted by generative AI, as the technology moves from simply creating new content—such as composing emails or images—to carrying out the steps needed to complete a task. A growing number of venture capital-backed startups are trying to create AI software that can act as an agent for people, carrying out tasks such as scheduling or purchasing. Adept AI, Elemental AI, and Interloom are among the others trying to grab a Show less Read more
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