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- 🤖 LayerX’s $100M
🤖 LayerX’s $100M
SaaS raise happening in Japan!!
Welcome to SaaS Wire — your backstage pass to the hottest in software and services!
What we’ll cover today:
☁️ Alibaba’s cloud and AI chip hype train
🤖 LayerX’s $100M SaaS raise in Japan
💬 Hot takes from SaaS leaders on instant commerce vs automation
Alibaba, the Chinese tech giant, saw its Hong Kong stock jump as cloud profits and new AI chip plans impressed investors.
🚨 Breaking News
Alibaba’s shares soared 19% in Hong Kong after strong cloud growth, triple-digit AI sales, and fresh buzz about a new AI chip.
⚡ Wire Simplified
Alibaba’s cloud unit grew 26% year on year, faster than before.
AI products logged eight quarters of triple digit growth.
Investors are hyped about a new AI chip.
E-commerce core is reviving, but instant delivery spending hurts profits.
New York listed shares also popped 13% earlier.
✔️ Straight to the Point
Alibaba’s cloud and AI bets are paying off, but instant delivery eats profits. It’s tech glow up versus grocery delivery grind.
🎤 Should Alibaba keep burning money on one hour delivery? |
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LayerX, a Japanese AI SaaS startup, just raised $100M to automate boring back office work like invoices, HR, and expenses.
🚨 Breaking News
LayerX closed a $100M Series B led by TCV, marking one of the biggest Japanese startup deals at this stage.
⚡ Wire Simplified
LayerX automates expenses, invoices, corporate cards, and HR.
Its platform Bakuraku already serves 15,000+ companies.
Clients include Mitsui, MUFG Bank, Imperial Hotel.
Headcount doubled in two years, now 430+.
Targeting $680M ARR by 2030 with AI agents.
✔️ Straight to the Point
LayerX is Japan’s fastest growing SaaS, automating office chaos. Big funding proves AI can fix paper pushing headaches and win global competition.
Experimenting with AI voice agents using native speech-to-speech models (e.g. gpt-realtime) makes me wonder if we'll increasingly want other parts of our systems (and 3rd party services) to deal natively with audio.
— Matt Collins (@mattcollinsuk)
9:21 AM • Sep 1, 2025
Something I just told a founder: Stay as small as you can for as long as you can. People who come to visit your office should always be surprised that such an important company has so few employees.
— Paul Graham (@paulg)
4:36 AM • Sep 2, 2025
Web Summit 2025
One of the biggest global technology conferences, Web Summit covers AI, SaaS, startups, marketing, and emerging tech, with 70k+ attendees from across the world.
Date: November 10–13, 2025 | Location: Lisbon, Portugal
Grace Hopper Celebration 2025
The world’s largest gathering of women in technology, with career development, keynotes, networking, and a focus on diversity and inclusion in computing.
Date: November 4–7, 2025 | Location: Chicago, USA
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