Placed a Sales Leader and a Head of Product.
Applied AI Lab — Applied-AI solutions provider for banking, finance, insurance, e-commerce and retail.
Challenge. Build commercial and product leadership for an applied-AI business serving regulated industries.
The market for this leadership
Live MitchelLake intelligence across Artificial Intelligence and EMEA.
Adjacent signals across Artificial Intelligence
Capital Raising · EMEA
AXON →UAE-based fintech AXON raised $1 million (SAR 4 million) from Maarej Real Estate following an Investor Summit in Riyadh. The company develops institutional financial infrastructure for cross-border payments, settlements, and digital asset operations.
Leadership Change · EMEA
C3.ai →C3.ai founder Thomas Siebel returned to the CEO role on May 8, 2026 after stepping down in September 2025 due to health issues. His absence correlated with declining revenues and ballooning losses; his return signals management focus on sales recovery and customer relationship restoration.
Ma Activity · EMEA
Vertiv →Vertiv completed acquisition of ThermoKey to expand heat rejection and thermal management capabilities for AI data centers, with focus on EMEA manufacturing capacity
Leadership Change · EMEA
Amperity →Amperity co-founders Derek Slager and Kabir Shahani assume co-CEO roles, replacing former Salesforce executive Tony Alika Owens after less than two years. CFO Amy Kelleran Pelly expands to become president while retaining CFO responsibilities.
Partnership · EMEA
Lovable →Stockholm-based Lovable expanded multiyear partnership with Google Cloud involving fivefold increase in cloud footprint, access to Claude and Gemini models, and integration into Google Cloud's Gemini Enterprise Agent Gallery
Partnership · EMEA
ElevenLabs →ElevenLabs signed MoU with UK government to explore voice AI for public services, safety research, and AI talent development in UK
