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CNBC
Oracle stock slips on report company is seeing thin cloud margins from Nvidia chips
Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.
VentureBeat
IBM claims 45% productivity gains with Project Bob, its multi-model IDE that orchestrates ...
Project Bob benefits from new Anthropic partnership. Part of Project Bob is a new partnership between IBM and Anthropic. The two vendors announced a...
Reuters
Dell raises growth targets for next four years on strong AI server demand | Reuters
... AI boom. Its strong profit growth expectation may also ease ... news provider, reaching billions of people worldwide every day. Reuters...
CNBC
Figma stock pops 7% after OpenAI CEO Altman touts ChatGPT integration - CNBC
shares jumped 7% on Monday after the design software vendor's technology was promoted by OpenAI CEO Sam Altman in an onstage demo at his company's...
TechCrunch
Anthropic and IBM announce strategic partnership - TechCrunch
Anthropic's Claude large language model family will be incorporated into some of IBM's software development products.
Bloomberg
Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
Oracle Corp. shares tumbled after a report that the software maker’s profit margin in its cloud computing business is lower than many on Wall Street have been estimating.
CNBC
Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips
Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.
Bloomberg.com
Qualtrics Agrees to Buy Press Ganey Forsta in $6.75 Billion Deal - Bloomberg
Private equity firms this year have been targeting software companies that invested in AI tools, aiming to cash in on a boom in the technology's...
Bloomberg.com
IBM Rises on Anthropic Partnership for AI-Aided Software Coding - Bloomberg.com
... trading on Tuesday after the company announced a plan to integrate Anthropic's artificial intelligence technologies into its software solutions.
Financial Times
Consultancies must become software companies to survive AI boom, IBM executive says
A rethink was needed because of new competition from technology companies and scepticism from clients, Mohamad Ali told the Financial Times in an...
Bloomberg
Marlin Said to Weigh $2 Billion Sale of Swedish Tech Firm Medius
Marlin Equity Partners is considering a sale of Swedish software company Medius, which could be valued at about $2 billion in a deal, people with knowledge of the matter said.
Bloomberg.com
Supreme Court Denies Google Request to Pause Play Store Changes - Bloomberg.com
Alphabet Inc.'s Google lost a US Supreme Court bid to pause major changes to its Google Play app store in an antitrust case filed by...
Bloomberg
Dell Lifts Estimates for Next Four Years on AI Demand
Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years and sees artificial intelligence products extending those higher projections through at least the 2030 fiscal year. Ed Ludlow reports on Bloomberg Television.
CNBC
Dell stock pops as company ups long-term revenue growth expectations
Dell stock popped after the company raised its long-term revenue and profit growth forecasts.
TechCrunch
Meta Llama: Everything you need to know about the open generative AI model | TechCrunch
Meta's Llama models are open generative AI models designed to run on a range of hardware and perform a range of different tasks.
Bloomberg
Dell Hikes Estimates for Next Four Years on Strong AI Demand
Dell Technologies Inc. roughly doubled its growth estimates for sales and profit for the next two years, and said demand for artificial intelligence products will extend those higher projections at least through the 2030 fiscal year. Shares rose.
The Hill
Supreme Court rejects Google's request to block Play Store injunction - The Hill
The Supreme Court on Monday denied Google's request to block court-mandated changes to Google Play Store, after the tech giant lost a case to...
CNBC
U.S. Supreme Court allows order forcing Google to make app store reforms - CNBC
The justices turned down Google's request to temporarily freeze parts of the injunction won by Epic in its lawsuit accusing the tech giant of...
Axios
Adobe: AI, discounts to drive record holiday spend despite tariffs - Axios
U.S. shoppers will spend $253.4 billion online this holiday season, up 5.3% year-over-year, according to Adobe's new forecast out Monday.
CNBC
Monday stocks from analyst calls: Nvidia, Klarna, Oracle and more - CNBC
Here are Monday's biggest analyst calls: Nvidia, Tesla, Apple, Klarna, Micron, Oracle, Amazon, Broadcom, Affirm, Disney and more. Published Mon...
Bloomberg
Fintech Ramp Launches Fraud Fighting, Bill Payment AI Agents
Spend management platform Ramp Inc. is enlisting artificial intelligence agents to help eliminate a growing problem for corporate customers: invoice fraud.
Bloomberg
Jaguar Land Rover to Restart Output in UK After Cyberattack
Jaguar Land Rover Automotive Plc will resume production at some of its UK sites after weeks-long outages following a cyberattack that snarled its global manufacturing network.
TechCrunch
Deloitte goes all in on AI — despite having to issue a hefty refund for use of AI | TechCrunch
Professional services and consultant firm Deloitte announced a landmark AI enterprise deal with Anthropic the same day it was revealed the company...
Bloomberg
Supreme Court Denies Google’s Bid to Pause App Store Changes
Alphabet Inc.’s Google lost a US Supreme Court bid to pause major changes to its Google Play app store in an antitrust case filed by Fortnite-maker Epic Games Inc.
CNBC
AppLovin stock tanks on report SEC is investigating company over data-collection practices
AppLovin has been probed by the SEC over the way it collects data, Bloomberg reported, citing people familiar with the matter.
CNBC
Figma's stock pops 7% after OpenAI CEO Altman touts ChatGPT integration
A new assistant announced by OpenAI will allow ChatGPT users to have Figma run tasks from within their conversations.
Bloomberg
AppLovin Probed by SEC Over Its Data-Collection Practices
The Securities and Exchange Commission has been probing the data-collection practices of the mobile advertising tech company AppLovin Corp., according to people familiar with the matter. The company’s shares slid.
CNBC
Figma's stock pops as much as 16% after OpenAI CEO Altman touts ChatGPT integration
A new assistant announced by OpenAI will allow ChatGPT users to have Figma run tasks from within their conversations.
Reuters
From OpenAI to Meta, firms channel billions into AI infrastructure as demand booms | Reuters
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter.
Bloomberg
OpenAI Lets ChatGPT Users Connect With Spotify, Zillow In App
OpenAI is making it easier for ChatGPT users to connect with third-party apps within the chatbot to carry out tasks, the company’s latest bid to turn its flagship product into a key gateway for digital services. With the new option, unveiled Monday during OpenAI’s annual developers event, a ChatGPT user can ask to create a playlist for the weekend and the app will connect with Spotify to make suggestions. Alternatively, a user can look up a three-bedroom home in a specific neighborhood on Zillow