AI Business Weekly: €100M Fund, AI Employees & Job Market Shifts

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Welcome

Welcome to today’s edition of AI Business Weekly. From €100M funds targeting cybersecurity and AI, to AI “employees” entering procurement, the momentum behind artificial intelligence is reshaping industries across Europe, Canada, and beyond. Meanwhile, governments, creators, and research firms weigh in on the cultural and workforce impact of AI adoption. Let’s dive in.

Expeditions Fund II Surpasses €100M in Commitments

Warsaw — Expeditions, a leading early-stage investor in European security, has raised over €100 million in commitments for its second fund, targeting cybersecurity, AI, quantum, and defence startups. The fund has exceeded its initial target and is on track for a €150 million close, fueling innovation at the intersection of AI and critical infrastructure.
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Gain Launches First AI Employees, Raises $12M Seed

Tel Aviv — Gain has emerged from stealth with a $12 million seed round to debut its first “AI employees” for procurement. The startup’s AI systems are designed to operate as end-to-end team members, drastically reducing costs compared to human labor, and signaling a new era of automation in enterprise operations
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AI Actress Tilly Norwood Sparks Debate

London — Eline Van der Velden, creator of AI actress Tilly Norwood, responded to industry backlash after revealing her studio is seeking representation for the virtual star. Van der Velden emphasized that AI characters “should be judged as part of their own genre rather than compared directly with human actors,” fueling conversations on how AI intersects with art, entertainment, and labor rights.
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A Million Jobs in London Could Change with AI

London — Nearly one million jobs in London may be transformed by AI, according to research by LiveCareer UK. Roles most at risk include 200,000 telemarketers, 150,000 bookkeepers, and 95,000 data entry specialists. Consultancy firm McKinsey echoed the findings, noting that job postings for roles vulnerable to AI have dropped 38% in the past three years. The research highlights AI’s accelerating impact on both white-collar and frontline work.
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Levio and Sid Lee Partner to Merge AI with Creativity

Montreal — In the wake of Canada’s largest AI summit, ALL IN, Levio and creative agency Sid Lee announced a strategic partnership to integrate artificial intelligence with human creativity. The collaboration aims to push AI beyond a tool for efficiency into a medium for innovation and artistic expression, redefining how organizations engage with both customers and culture.
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📢 AI Driving Change Across Work, Capital, and Creativity

From Expeditions’ €100M fund powering Europe’s AI and security ecosystem to Gain’s AI employees entering procurement, the investment and startup landscape continues to scale rapidly. At the same time, debates over AI in the arts and its potential to reshape a million jobs in London show that cultural and workforce impacts are equally profound. Canada’s Levio-Sid Lee partnership underscores a growing trend: AI is not just about efficiency—it’s becoming a medium for human creativity and expression.