McKinsey & Company vs Smartsheet

Yext Launches Multiplayer Agent Harness for Marketing

Yext, Inc. announced the launch of a multiplayer agent harness for marketing teams, expanding its agentic marketing platform Scout. The new harness provides a shared, context-rich workspace where corporate teams, field teams, partners, and AI agents collaborate on the same goals. This addresses the problem that AI agents have improved productivity but not necessarily business outcomes, with only 37% of respondents reporting positive enterprise EBIT contribution despite 80% productivity gains, according to McKinsey. Yext's CEO emphasizes the importance of combining human judgment with AI agents that carry historical context and brand knowledge. Scout continuously monitors a brand's presence across search, listings, reviews, and social surfaces, bringing attention to issues and actions. The agent harness is live today with Yext account teams.

• Yext announced a multiplayer agent harness for marketing teams.
• The agent harness is part of the Scout agentic marketing platform.
• Scout monitors brand presence across search, listings, reviews, and social.

Jaam Automation Launches Agentic Work Management Platform M.

Jaam Automation has launched M. by jaam, an Agentic Work Management platform that coordinates work across people, systems, and AI agents. The platform includes a Context Engine that aggregates organizational knowledge, business processes, and historical data to enable AI to understand and act within existing workflows. M. supports integration with Microsoft Azure AI, Copilot, Power Platform, custom systems, and third-party AI agents. Organisations can adopt AI progressively through five stages: Analyse, Build, Work, Intelligence, and Optimisation. The launch addresses the gap between AI adoption and scaled implementation, as only 7% of organisations have fully scaled AI. Gartner identified 'Universal Orchestration' as an emerging challenge. Jaam Automation aims to provide visibility and control for enterprises introducing AI into complex processes.

• Jaam Automation launches M. by jaam, an Agentic Work Management platform.
• The platform's Context Engine aggregates organizational knowledge, processes, and historical data.
• M. integrates with Microsoft Azure AI, Copilot, Power Platform, and custom systems.

Europe catches up with US in industrial AI investments

A recent study by McKinsey and Boardwave shows that European investments in industrial AI (vertical AI applications for specific industries) are catching up to US levels. In the first half of 2026, European investments reached €6.8 billion, equivalent to 44% of the US level and nearly the entire year 2025 total. Notably, European startups in this sector raised an average of €68 million each, surpassing the US average of €60 million. Investments are concentrated in industries like manufacturing, energy, defense, transport, and healthcare. However, Europe still lags significantly in foundational models and infrastructure. The study suggests that Europe's strength in applying AI to specific industrial processes could become a long-term competitive advantage.

• European industrial AI investments reached €6.8 billion in H1 2026, 44% of US levels.
• European vertical AI startups raised an average of €68 million, exceeding US average of €60 million.
• European vertical AI providers reached 67% of US capital volume, up from 9% in 2018.

Smartsheet investors sue over undisclosed acquisition offer

Rosen Law Firm has filed a securities fraud class action lawsuit against Smartsheet Inc. on behalf of investors who sold shares between June 2024 and September 2024. The suit alleges that Smartsheet failed to disclose an unsolicited acquisition offer from a consortium of investors, while the company was repurchasing its own stock at lower prices. The action seeks to recover damages for investors who sold shares during this period. The deadline for lead plaintiff applications is October 5, 2026.

• Rosen Law Firm filed a securities fraud class action against Smartsheet Inc.
• The class period is June 1, 2024 to September 23, 2024.
• Smartsheet received an unsolicited takeover offer at $56.25 per share on January 24, 2024.

Smartsheet Appoints Takeshi Osawa as President & General Manager of Japan Amid Accelerating Customer Demand and AI Adoption

Smartsheet appoints Takeshi Osawa as President & General Manager of Japan, and names new leaders across APAC and Japan as demand surges in technology, manufacturing and professional services.