News Summary

• Velatir sells companies a way to see and control the AI their employees are already using.
• The platform is designed to sit horizontally across the places AI touches an organisation.
• It reports in real time which tools are in use and by whom, what data moves through them and at what cost.
• It also maintains a directory of more than 4,000 AI tools, which the company calls an app store.
• Velatir says it wants to become the fastest-growing AI company in Europe.