logo
Docugami Expands to Europe with New Subsidiary based in France to Advance Open and Sovereign Document AI

Docugami Expands to Europe with New Subsidiary based in France to Advance Open and Sovereign Document AI

Business Upturn5 days ago

Paris, June 24, 2025 — Docugami, the fast-growing U.S. startup specializing in Document AI, announces the launch of Docugami Europe, its new subsidiary based in France. This move marks a strategic investment in the European innovation landscape and reinforces Docugami's commitment to advancing open, transparent, and sovereign AI.
Speaking from the VivaTech conference in Paris, Europe's largest tech and innovation conference with 150,000 attendees, Docugami CEO Jean Paoli declared: 'Launching Docugami Europe is not just about opening an office — it's about betting on European brainpower and building long-term partnerships with researchers, startups, institutions, and enterprises across the continent.'
Paoli is a recognized pioneer in document innovation, co-creator of the XML standard at the W3C and key document formats used worldwide such as docx, xlsx, and pptx. A former executive at Microsoft, he helped build four billion-dollar businesses and led the creation of Microsoft Open Technologies, which played a major role in Microsoft's open-source adoption. He began his career in France at INRIA's startups and is a graduate of École des Ponts ParisTech.
Empowering Businesses with Open, Agentic Document AI
Docugami's proprietary Document Engineering technology leverages open-source LLMs, small agentic reasoning models, and knowledge graph generation to enable businesses to leverage their business documents in a unique, transparent, auditable, and cost-effective way:
This approach gives organizations: Automated ways to convert complex business documents into structured, actionable data at enterprise scale. In-depth reasoning on this structured data to identify, understand, and combine scattered information in the documents.
Powerful automation to streamline critical workflows (contracts, reports, compliance, etc.)
Full control and ownership of their document data
'We are a deep tech company, and we believe in open-source LLMs to provide greater trust and security for our customers,' said Paoli. 'We want to empower our customers to truly own their data, without being locked into closed systems.'
Docugami's agentic models recently outperformed all open-source models of similar size, and nearly all GPT-4-based solutions, in public benchmarks – highlighting the company's edge in precision, cost-efficiency, and real-world usability.
Customer, Hiring and Research Engagement Across Europe
Already serving customers in insurance, life sciences, IT services, finance, legal, and other industries, Docugami is designed for complex long-form business documents across all document-intensive sectors.
With Docugami Europe, the company will: Expand R&D collaborations with leading European AI scientists and institutions
Support local companies in automating and securing their document operations,
Recruit top AI talent across France and Europe via its fully remote workforce model.
Press Contact:
Mark Murray – [email protected] – +1 425-922-4306
More info: www.docugami.com
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Veteran analyst offers eye-popping Nvidia, Microsoft stock prediction
Veteran analyst offers eye-popping Nvidia, Microsoft stock prediction

Yahoo

time2 hours ago

  • Yahoo

Veteran analyst offers eye-popping Nvidia, Microsoft stock prediction

Veteran analyst offers eye-popping Nvidia, Microsoft stock prediction originally appeared on TheStreet. In the last six months, AI stocks have been anything but boring. After a few years of massive gains, AI stocks kicked off the year getting slammed as a bubble. Talk of bloated valuations and too much hype had investors wondering if the party was over. 💵💰💰💵 Then in April, President Donald Trump's surprise tariffs crashed the market, pulling down the S&P 500 by nearly 19%. AI bellwether stocks like Nvidia () and Microsoft () tanked, and many felt the AI rally was dead and buried. Yet here we are with the S&P 500 at an all-time high, lifted by a roaring AI comeback driven by chip leaders and cloud giants. Now one of Wall Street's sharpest has AI back at the helm, pointing to two giants ready to win big. In the AI race, Nvidia and Microsoft play different but critical roles in advancing the industry. Nvidia's ubiquitous AI-ready GPUs are the go-to hardware for training and inference. Its latest Blackwell Ultra chips, for instance, promise 1.5 times the punch of earlier models, rolling out even cheaper versions for China to dodge export curbs and grow its reach. Speaking of reach, Nvidia's data-center accelerators handle a whopping 90% of AI workloads the software side, CUDA keeps millions of developers hooked on fine-tuning performance. On top of that, its patented tools like TensorRT and NeMo make deploying models simpler, and DGX Cloud brings on-demand AI clusters to the table. Take CoreWeave, one of Wall Street's biggest stories this year, which shows how anything Nvidia touches turns to gold. Backed by a 7% Nvidia stake, Coreweave stock has built monster AI supercomputers and is up 308% from its IPO earlier this year. Hence, with a powerful full-stack approach, Nvidia remains an inseparable partner in building next-gen AI. More Tech Stock News: Circle's stock price surges after stunning CEO comment Robotaxi rivalry heats up as new cities come online Analyst reboots AMD stock price target on chip update Microsoft, by contrast, is all-in on software and services to layer AI across its ecosystem. Front and center is Microsoft's massive multi-billion-dollar OpenAI partnership, weaving ChatGPT into Azure, Teams, and Office 365. Microsoft's robust cloud service in Azure packs prebuilt and custom models and low-code tools. Similarly, Microsoft 365 Copilot amps up Word and Excel, while the Windows Copilot pushes AI deep into daily work. Together, Nvidia's cutting-edge chips and Microsoft's cloud and tools power the entire AI stack, pushing them ahead of their peers. Wedbush thinks Nvidia and Microsoft could touch $4 trillion in market cap this year and ride the AI wave to $5 trillion by next year. This bold call lands as Nvidia just reclaimed the top spot from Microsoft, hitting new highs. As of yesterday's close, Nvidia's market cap stood at $3.78 trillion, while Microsoft sported a $3.7 trillion market cap. Apple's the other tech giant in the $3 trillion club, and it was once the world's most valuable company. Veteran analyst Dan Ives, in his note, wrote, 'The poster children for the AI Revolution are led by Nvidia and Microsoft, as both are foundational pieces of building on the biggest tech trend we have seen in our 25 years covering tech stocks on the Street.'AI use cases have exploded of late, from cybersecurity and software to chips and robotics. Nvidia CEO Jensen Huang believes robotics will be the next multi-trillion-dollar catalyst after AI. Ives agrees that the ripple effect is huge, that every dollar spent on Nvidia sparks another $8 to $10 across the wider tech world. In crunching the numbers, Microsoft's market cap has slipped 10.8% over the past year, losing about $400 billion. Conversely, Nvidia soared nearly 25%, adding $950 billion from its AI GPU boom. Stretch that to three years, and the gap gets even wider. Microsoft's up a robust 21%, but Nvidia's exploded 472% as it pivoted from gaming chips to the AI driver's seat. Wedbush's $4 trillion call equates to a 5.2% bump from Nvidia's current market cap and an 8.4% jump for Microsoft. Pushing to $5 trillion in 18 months ups the game, with Nvidia potentially rising 31.5% and Microsoft at 35.5%.Veteran analyst offers eye-popping Nvidia, Microsoft stock prediction first appeared on TheStreet on Jun 27, 2025 This story was originally reported by TheStreet on Jun 27, 2025, where it first appeared.

Microsoft makes huge change to Windows
Microsoft makes huge change to Windows

Miami Herald

time2 hours ago

  • Miami Herald

Microsoft makes huge change to Windows

When was Microsoft Windows great? Was it ever great? That will depend on your experience and age. The oldest version of Windows I tried was version 3.11. It wasn't great. Windows 7 was decent. I suspect most would agree Windows Vista and Windows 8 weren't. Related: How Apple may solve its Google Search problem The operating system is a huge program. It consists of many smaller programs. The graphical interface you see when you use it is just a shell or desktop environment. The main program that interacts with hardware and controls all the other processes including the graphical interface, is called the kernel. Why do I have such a low opinion of Windows? I'd probably need a couple of articles to express my opinion on just that topic. For now, let's focus on one key problem: Microsoft's approach to how applications made by other companies interact with the Windows kernel. pop_jop/GettyImages If you use Microsoft (MSFT) Windows long enough, you'll eventually witness its infamous Blue Screen of Death (BSOD). Why does the BSOD happen? It happens when the kernel enters a state where it can't recover from an error. Applications can run in two modes, user mode or kernel mode. The application running in kernel mode can do pretty much anything, and if the developer hasn't been very careful, it can break stuff easily. For example, if you have a sound card with a Realtek chip, you need drivers for it. As the kernel controls the hardware, this driver should ideally be part of the kernel. That is the default approach on Linux. Windows does it better, right? Related: Apple WWDC underwhelms fans in a crucial upgrade I'll simplify things a bit here, saying that Windows drivers are applications that run in the kernel mode. Unlike Linux drivers, which are not applications but code that has been vetted by Linux developers to be merged into the kernel, Windows drivers are applications that sometimes misuse kernel-mode "powers" and behave like they're in the Wild West. I can't remember how many times I had to remove Realtek sound drivers from someone's machine while I was still working in IT. They are my favorite cause of BSOD. More Tech Stocks: Amazon tries to make AI great again (or maybe for the first time)Veteran portfolio manager raises eyebrows with latest Meta Platforms moveGoogle plans major AI shift after Meta's surprising $14 billion move Talking about BSODs, do you remember the CrowdStrike incident? In July 2024, CrowdStrike released an update that caused hundreds of millions of computers running Windows to be stuck on a BSOD. Needless to say, the CrowdStrike application that caused the problem was running in kernel mode (It has a "kernel driver" to be technical). David Weston, vice president of Enterprise and OS Security at Microsoft, wrote after the incident: "Kernel drivers are often utilized by security vendors for potential performance benefits." It seems that the incident made Microsoft think about whether the performance benefits are worth it. Weston announced on Microsoft's blog on June 26th that the company will deliver a private preview of the Windows endpoint security platform to a set of Microsoft Virus Initiative partners in July. "The new Windows capabilities will allow them to start building their solutions to run outside the Windows kernel. This means security products like anti-virus and endpoint protection solutions can run in user mode just as apps do," wrote Weston. Related: Analyst sends Alphabet warning amid search market shakeup It will be interesting to see if Microsoft mandates in the future that all cybersecurity vendors use this new userspace system. If they do, it might cause some backlash, as Microsoft would be the only one left with a kernel-mode performance advantage for its cybersecurity software. The company is also simplifying the "unexpected restart experience" (a kind name for a BSOD). They provided the picture, and it looks like that BSOD will become a black screen of death. The company will also introduce Quick Machine Recovery (QMR), a recovery mechanism for machines that cannot restart successfully. In a widespread outage, Microsoft can use QMR to deploy fixes to affected devices via the Windows Recovery Environment. It should be generally available later this summer, together with the new BSOD experience. Related: OpenAI makes shocking move amid fierce competition, Microsoft problems The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Why Your Work Culture Deserves Tender Loving Care
Why Your Work Culture Deserves Tender Loving Care

Forbes

time3 hours ago

  • Forbes

Why Your Work Culture Deserves Tender Loving Care

. Pixabay Culture, it's been said, is how employees' hearts and stomachs feel about Monday morning on Sunday night. If you're a leader in your workplace, organizational culture is arguably the only sustainable competitive advantage that's completely within your control. Is that a big deal? As Peter Drucker famously said, 'Culture eats strategy for breakfast.' Organizational psychologist Laura Hamill has invested her career in studying culture. She was director of People Research at Microsoft and co-founded Limeade, an employee experience software company. Dr. Hamill brings both scientific rigor and practical insight to the topic of culture. Her book is The Power of Culture: Bringing Values to Life at Work . Hamill talks about what she calls the concept of cultural betrayal. 'When a company's aspirational culture differs significantly from the reality that people experience, leaders and organizations quickly lose credibility,' she says. 'People are acutely aware when leaders aren't walking the talk, and a sense of cultural betrayal can take root. Employees understandably feel resentful when what they were 'sold' about an organization is not what they receive—and this can have a significant impact on employees, especially in mission-driven companies.' Hamill says the impact of perceived cultural betrayal can run deep, generating negative feelings about the company, withdrawal behaviors (such as not participating in company meetings and events), and increased employee attrition. 'By contrast,' she says, 'when the aspirational culture is clearly articulated and consistent with what employees experience, intentional culture is alive and well. Unfortunately, many organizations tend to stop their culture work after they have posted their values on their website, not realizing that they are only at the beginning of the journey.' Laura Hamill . She also talks about power and culture. 'The value placed on power within an organization influences the extent to which power shapes its culture,' she says. 'Shared power and its distribution among leaders, managers, and employees also play a significant role in reinforcing specific aspects of culture.' Hamill says leaders are crucial in shaping organizational culture, serving as role models and culture architects. 'They must be aware of their power and intentional about their actions and communications,' she says. 'However, leaders often lack awareness of their power and how their actions, even small ones, can be misinterpreted as cues about what's valued in the organization. As 'culture megaphones,' leaders' explicit and implicit messages significantly impact the organization's values and priorities. So, to understand culture, you must also understand power.' Hamill uses the term 'intentional culture' to emphasize the importance of deliberate focus on the mindsets and behaviors that produce desired outcomes. 'Most organizations are not intentional about their culture and don't work to have an explicit connection between what they are trying to achieve and the culture they have,' she says. 'If you aren't intentional about your culture, it's unlikely that it's working to your advantage.' 'Toxic culture' seems to be a popular term these days. Is that just a new term for an old problem, or are there actually more cultures that are problematic? 'I think toxic cultures have always been around, but maybe we have more awareness about them and—thank goodness—less tolerance for them now,' Hamill says. 'Also, I think now we are articulating and sharing the impact toxic culture is having on people and organizations.' What are the tell-tale signs that an organization's culture has become toxic? There are several key indicators to watch for, Hamill says. 'One of the most obvious signs is a high turnover rate, particularly among those who have the ability to find employment elsewhere. They are often the first to leave, seeking better opportunities and a more positive work environment. However, even before employees make the decision to depart, there are early warning signs that can signal a toxic culture. You may notice withdrawal behaviors, such as a decline in participation and engagement. Employees may start to skip company meetings or events, finding reasons to avoid participating. When they do attend, they may be hesitant to speak up, ask questions, or contribute to discussions. This silence can be a red flag, suggesting that employees feel uncomfortable or unheard.' . . Hamill says another concerning indicator is a growing sense of apathy among the workforce. 'When employees lose enthusiasm for their work and seem to be merely going through the motions, it can be a sign that they have become disengaged and disconnected from the company,' she says. 'This apathy can be contagious, spreading throughout the organization and eroding morale. I look for signs in the language like using 'they' instead of 'we' when talking about the company and saying things like 'That's beyond my pay grade' or 'Not on my job description.' While these signs can be disheartening to witness, recognizing them early is crucial for addressing the underlying issues and taking steps to improve the workplace culture.' For maximum positive impact, how should an organization's culture be aligned with its operational strategy? 'Explicitly,' Hamill says. 'Effective leaders recognize the critical link between culture and business strategy. They understand that a strong, positive culture can be a powerful driver of organizational success, while a dysfunctional culture can hinder progress and performance. By aligning cultural work with the overall business strategy, leaders can ensure that the changes they implement support the company's mission, values, and goals.' Hamill says this strategic alignment helps create a culture that not only engages and empowers employees but also contributes to the organization's competitive advantage and long-term success.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store