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CNBC
Block's stock pops 9% on gross profit forecast, 3-year financial outlook
Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.
CNBC
Block says gross profit in 2028 will approach $16 billion as company unveils 3-year outlook
Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.
CNBC
OpenAI rolls out 'ChatGPT for Teachers' for K-12 educators and districts
ChatGPT for Teachers will be free to K-12 educators in the U.S. through June 2027
Reuters
Microsoft launches tracker to manage autonomous AI in the workplace | Reuters
The company announced the news at the start of Microsoft Ignite, a technology conference in San Francisco. Other announcements included Work IQ, which...
CNBC
Alphabet stock surges on Gemini 3 AI model optimism
Google said Gemini 3 allows users to get better answers to more complex questions and doesn't need as much prompting to determine the context.
CNBC
Adobe to buy Semrush for $1.9 billion, sending marketing platform's shares up 70%
Adobe said Semrush's search engine and marketing tools can help brands engage and grow customers, especially in the age of artificial intelligence.
Bloomberg
EU Proposes Streamlined Digital Rules to Boost Competitiveness
The European Union unveiled a sweeping plan to reduce digital regulation as the bloc strives to boost its competitiveness in artificial intelligence and aid local technology companies.
Bloomberg
Adobe to Buy Marketing Platform Semrush in $1.9 Billion Deal
Adobe Inc. has agreed to buy the marketing software company Semrush Holdings Inc. for $1.9 billion, marking its first takeover announcement since the failed $20 billion acquisition of Figma Inc. in 2022.
Bloomberg
Nokia Streamlines to Focus on AI Infrastructure Boom
Nokia Oyj is banking on the boom in artificial intelligence, streamlining its business to focus on networking infrastructure that can connect AI data centers.
Bloomberg
RapidSOS Tops $1 Billion Value With Apax Digital Investment
Emergency services company RapidSOS raised $100 million in a deal led by Apax Digital Funds to help it expand, including internationally.
The Verge
Microsoft's Office apps are getting even more free AI features - The Verge
You don't need to pay $30 per month for these latest Office AI features. ... More in News.
ARPU
Will Google Gemini Turn Search Into a Dead End for the Web?
Google launched Gemini 3 this week, its most powerful AI model yet, with a suite of new features designed to keep it at the forefront of the AI race. While the company touted its lead on industry benchmarks, the most radical and potentially disruptive new feature wasn't about
TechCrunch
a16z leads $21M Series A into AI-native tax compliance software Sphere | TechCrunch
Newsletters. See More. Subscribe for the industry's biggest tech news. TechCrunch Daily News. Every weekday and Sunday, you can get the best of...
The Verge
Microsoft is turning Windows into an 'agentic OS,' starting with the taskbar - The Verge
Microsoft is trying to transform Windows into a “canvas for AI,” with new AI agents integrated into the Windows 11 taskbar. ... More in News.
SCMP
Microsoft, Nvidia to invest up to US$15 billion in Anthropic in AI deal
Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a US$30 billion commitment by the Claude maker to use Microsoft’s cloud services, the latest high-profile deal binding together major players in the artificial intelligence industry.
Nvidia would commit up to US$10 billion to Anthropic and Microsoft up to US$5 billion, the companies said on Tuesday, without sharing more details. A person familiar with the matter said both companies had committed to investing in...
SCMP
Google launches Gemini 3, its ‘most intelligent’ AI model yet
Alphabet’s Google debuted an updated version of its artificial intelligence model, Gemini, that executives said represented a “massive jump” in reasoning and coding ability.
The new model, Gemini 3, will be available immediately across all of Google’s major products, including search, and can answer questions with interactive graphics.
Gemini 3, like its predecessor, could process text, images and other media as well as solve complex science and maths problems, the company said. It had...
CNBC
Meta's big antitrust win, Salesforce's deal closure, and iPhone's popularity in China
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CNBC
Intuit to pay OpenAI over $100 million for model access, ChatGPT integrates with TurboTax
Intuit has struck a $100 million-plus deal with OpenAI to bring AI into its financial products like TurboTax and QuickBooks.
Bloomberg
SAP to Keep Microsoft EU Cloud Running If Trump Orders Shutdown
SAP SE will maintain access to Microsoft Corp.’s cloud services even if a foreign government attempts to cut it off, after Donald Trump’s administration sanctioned an international court in the Hague.
Bloomberg
EU’s Ribera Weighs ‘Serious’ Google Offer in Ad Tech Probe
Teresa Ribera, the European Union’s competition chief, said regulators are examining a “serious” offer from Google to fix alleged antitrust violations linked to its ad tech business that sparked a fine of nearly €3 billion ($3.5 billion).
CNBC
Cloudflare says outage that hit X, ChatGPT and other sites is resolved
OpenAI's ChatGPT and Elon Musk's social media platform X were among the sites impacted by the Cloudflare issues.
The Verge
Google updates its weather forecasts with a new AI model - The Verge
The company's AI-enhanced forecasts have proven themselves to be quite accurate so far. ... How Jeffrey Epstein used SEO to bury news about his crimes.
CNBC
Microsoft unveils tool to help companies control, track AI agents
Microsoft has helped companies build AI agents that can do specific kinds of work. Now it has a way to spot and stop risky agents.
CNBC
Google announces Gemini 3 as battle with OpenAI intensifies
Google says its latest suite of AI models will require users to do "less prompting" to get the desired results.
Bloomberg
Google Launches New Gemini AI Model With Interactive Answers
Alphabet Inc.’s Google debuted an updated version of its artificial intelligence model, Gemini, that executives said represents a “massive jump” in reasoning and coding ability.
Bloomberg
Microsoft, Nvidia to Invest Up to $15 Billion in Anthropic
Microsoft Corp. and Nvidia Corp. are committing to invest up to a combined $15 billion in Anthropic PBC, in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI.
Bloomberg
German Quantum Computing Supplier Raith Weighs €1 Billion Sale
The private equity owner behind Raith, a German nano-technology supplier to critical tech sectors such as quantum computing, is exploring a sale of the business that could be valued at around €1 billion ($1.2 billion) in a deal, according to people familiar with the matter.
Bloomberg
Alphabet-Led AI Project to Shield New Zealand Grid From Outages
A consortium of four utilities serving a quarter of New Zealand will join an Alphabet Inc.-led initiative that uses artificial intelligence to fortify the country’s grid against failures caused by extreme weather or earthquakes.
Bloomberg
HSBC to Offer Tokenized Deposits to US and UAE Clients
HSBC Holdings Plc will start offering tokenized deposits to its corporate clients in the US and the United Arab Emirates in the first half of next year, as banks expand their push into blockchain technology for payments.
Bloomberg
Ocado Slumps as Biggest Client Pulls Back on Warehouse Tech
Ocado Group Plc’s shares slumped after its biggest customer, US grocer Kroger Co., said its automated warehouse network is falling short of financial expectations and announced the closure of three sites.