Meta Acquires AI Startup Stilla.ai to Bolster Business Agent
Meta Platforms acquired AI startup Stilla.ai on September 9, a move aimed at strengthening its agentic AI capabilities and opening new monetization beyond advertising. The company plans to integrate Stilla.ai's team and technology into Meta Business Agent, which helps businesses interact with customers across its platforms. Longer term, Meta envisions customers using AI agents to inquire about products, discuss pricing, and potentially complete purchases without leaving its ecosystem, creating an AI-driven commerce layer across Facebook, Instagram, Messenger, and WhatsApp. Meta cautioned that Stilla.ai remains a small startup and the deal is unlikely to materially affect revenue or earnings per share in the near term, with infrastructure, product development, and integration needed before meaningful transaction-related revenue emerges. According to the Insider Monkey Database, 254 hedge funds held positions in Meta during the second quarter, down from 262 at the end of the first quarter, while short interest stood at approximately 1.13% of outstanding shares, or roughly 28.81 million shares, as of August 31.
OpenText Partners With Cohere on Trusted AI for Governments
OpenText has partnered with AI firm Cohere to offer agentic AI tools for governments and regulated sectors. The collaboration focuses on trusted deployment of AI agents that work with sensitive enterprise data in tightly controlled environments. Both companies plan to provide customers with flexible implementation options, including private and hybrid setups to meet security requirements. Open Text, a California-based software provider with a market value of about $5.6b, focuses on data management tools that help large organisations handle and govern information across regions where compliance rules for AI and data use are especially tight. The partnership sharpens the AI execution pillar of the Open Text story by connecting the firm's data and compliance layers to a deployable agent platform built for governments and banks, though it also adds integration complexity on top of ongoing restructuring and legacy-to-cloud transitions.
Wolters Kluwer Adds Kluwer Law International Content to Libra AI Workspace in 11 European Countries
Wolters Kluwer has added Kluwer Law International content to its Libra legal AI workspace for users in 11 European countries, giving Libra subscribers access to specialist international legal expertise within the same AI-driven environment. The company's Tax & Accounting division also introduced a Designated Vendor Integrator Key for CCH Axcess to manage third-party technology integrations more securely. Wolters Kluwer is a €15.2 billion professional services group focused on information and software tools for lawyers and accountants, and the company said the two moves sit squarely in its core workflow software and data products for professionals across Europe and beyond. The company said the update supports the view that its AI-infused cloud platforms can deepen customer reliance and support recurring revenue quality, with each extra content set or integration making it harder and costlier for law and accounting firms to switch providers. A datapoint to watch is how much of Libra's and CCH Axcess's customer base activates these new capabilities in the next set of segment disclosures and commentary around the 2026 full year results.
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