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procure.blog

The latest news on AI in procurement — new platforms, funding rounds, enterprise adoption, and industry analysis.

Exiger Announces AI-Native Upgrade to Its Third-Party Risk and Supply Chain Tech Stack

Exiger released an AI-native upgrade to its platform, introducing an enhanced AI execution layer built on a new AI product development lifecycle to continuously develop and deploy AI-driven capabilities across its supplier risk and supply chain intelligence solutions.[4]

SupplyChainBrain

Spend AnalyticsSep 15, 2026

Jaggaer Completes Acquisition of Ivoflow, Adding AI-Powered Direct Materials Spend and Price Intelligence

Jaggaer has closed its acquisition of German platform Ivoflow, bringing AI-powered direct materials spend and price intelligence into Jaggaer’s suite to help manufacturers optimize category strategies and pricing decisions. The deal, completed on September 11, 2026, strengthens J

Business Wire

Contract IntelligenceSep 14, 2026

SAP Ariba Contracts rolls out AI-assisted contract creation from documents and prompts

SAP has introduced **AI‑assisted contract creation** in SAP Ariba Contracts, now generally available, allowing contract managers to generate contract headers and key fields from simple natural‑language prompts and existing documents.[8] The capability is designed to accelerate hi

SAP News

ResearchSep 13, 2026

ZAGENO earns Frost & Sullivan recognition for procurement orchestration

Frost & Sullivan recognized ZAGENO as its 2026 North America Life Sciences E-Commerce Company of the Year. The company said the award reflects its role in transforming life sciences e-commerce into a procurement orchestration platform.

PR Newswire

PartnershipsSep 12, 2026

NVIDIA and Palantir Partner to Bring Sovereign AI to Critical Supply Chains, Starting with NVIDIA

Palantir and NVIDIA announced a collaboration to create an AI stack that combines Palantir’s sovereign AI capabilities with NVIDIA’s Nemotron open models to optimize complex supply chain operations.[14] The stack is first being deployed in NVIDIA’s own supply chain, with a refere

Business Wire

Enterprise AdoptionSep 11, 2026

Leading Commercial Vehicle Manufacturer Selects JAGGAER One to Advance Digital Procurement

JAGGAER announced that a leading commercial vehicle manufacturer has chosen **JAGGAER One** to support its entire procure-to-order process, including requirements identification, supplier selection, RFQ management, and order placement.[6] The deployment is positioned as a major s

Business Wire

ResearchSep 10, 2026

Arkestro recognized in 2026 Gartner Hype Cycle for Multienterprise and Procurement Solutions

Arkestro, a predictive procurement platform, was named a Sample Vendor for Supplier Discovery in the 2026 Gartner Hype Cycle for Multienterprise Solutions.[3] Gartner also recognized Arkestro for the fourth consecutive year in the 2026 Hype Cycle for Procurement and Sourcing Solu

PR Newswire

Product LaunchesSep 9, 2026

Globality launches Glo 2.0, positioning "fully autonomous sourcing" for enterprise procurement

Globality has launched **Glo 2.0**, an upgraded autonomous sourcing platform that streamlines the full intake‑to‑award process for enterprise procurement teams, emphasizing end‑to‑end AI‑driven sourcing workflows and usability for large global buyers.[1] The launch is being showc

Business Wire

PartnershipsSep 8, 2026

Boehringer Ingelheim signs Owkin AI deal, providing a blueprint for AI‑driven strategic sourcing in complex R&D categories

Boehringer Ingelheim’s licensing agreement to use Owkin’s AI Scientist K Pro model and data network for oncology and immunology discovery demonstrates a sophisticated AI‑enabled partnership structure that procurement teams in pharma and other R&D‑heavy industries can mirror for s

Bloomberg

PartnershipsSep 7, 2026

Anthropic signs major cloud capacity agreements as demand surges

Reuters reported that Anthropic has entered into large infrastructure commitments, including a $30 billion Azure commitment tied to Microsoft and Nvidia and a roughly $45 billion infrastructure deal with British AI company Nscale. The story frames the moves as part of a rapid sca

Reuters

Product LaunchesSep 6, 2026

Cotiviti Retail launches SmartP2P Alerts to detect procure-to-pay transaction errors in real time

Cotiviti Retail introduced SmartP2P Alerts, a new application providing real-time monitoring, prioritized alerts, integrated reporting, and collaborative workflows to identify and prevent transaction errors before they cause financial loss. The solution is designed for finance, m

Business Wire

OtherSep 5, 2026

Descartes acquires Extensiv to expand warehouse and fulfillment technology footprint for logistics-intensive brands and 3PLs

The Descartes Systems Group, a global leader in technology for logistics-intensive businesses, acquired Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers and the brands they serve, in a transaction valued at approximately $

GlobeNewswire

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