Okta topped Wall Street's third-quarter estimates and issued an upbeat outlook, but shares fell as investors had high hopes for AI demand.
CNBC
Amazon announces new AI chips, closer Nvidia ties — but it's cloud capacity that matters most
Amazon Web Services' two-track approach to artificial intelligence came into better focus Tuesday.
CNBC
MongoDB stock skyrockets 22% on AI, cloud database platform growth
MongoDB said its Atlas platform grew 30% from a year ago as it benefits from AI tailwinds
Reuters
Amazon to use Nvidia tech in AI chips, roll out new servers - Reuters
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. The companies made the announcement...
Bloomberg
ByteDance, Brookfield Courted by Voltalia for Brazil Data Parks
French renewable energy provider Voltalia SA is pursuing data center projects in Brazil with investors including TikTok owner ByteDance Co Ltd. and private equity powerhouse Brookfield Corp., according to people familiar with the matter.
CNBC
Amazon launches cloud AI tool to help engineers recover from outages faster
Amazon Web Services' DevOps Agent is meant to help developers more quickly figure out what caused an outage and how to fix it.
CNBC
Amazon to let cloud clients customize AI models midway through training for $100,000 a year
It can cost hundreds of millions or even billions to build a large language model from scratch, and this process is more affordable, Amazon said.
Bloomberg
Amazon Rushes Out Latest AI Chip to Take On Nvidia, Google
Amazon.com Inc.’s cloud unit raced to get the latest version of its artificial intelligence chip to market, renewing efforts to sell hardware capable of rivaling products from Nvidia Corp. and Google.
CNBC
MongoDB stock skyrockets 25% on AI, cloud database platform growth
MongoDB said its Atlas platform grew 30% from a year ago as it benefits from AI tailwinds
Vista Equity Partners-backed infrastructure software company LogicMonitor is acquiring the startup Catchpoint for more than $250 million in cash.
Bloomberg
Creator of Hit Game Shovel Knight Is at a ‘Make or Break’ Moment
Yacht Club Games needs its next title, Mina the Hollower, to be a success.
SCMP
Nvidia takes US$2 billion stake in Synopsys as AI deal spree accelerates
Nvidia has invested US$2 billion in chip design software maker Synopsys as part of an expanded multi-year tie-up to jointly develop new tools for designing products across industries using its AI technology.
The deal, unveiled by the companies on Monday, comes as Nvidia has carried out a range of investments, such as those in OpenAI and Anthropic, to try to cement its dominance in the artificial intelligence market.
The Synopsys deal is about shifting the work of several hi-tech industries that...
CNBC
MongoDB stock jumps 15% on earnings and revenue beat, strong guidance
MongoDB reported third quarter earnings after the bell that beat analyst estimates.
CNBC
Apple names former Microsoft, Google exec to succeed retiring AI chief
Apple's AI chief is stepping down after experts say the company has fallen behind its peers when it comes to investing in AI data centers, chips and models.
CNBC
Nvidia CEO to Cramer: Synopsys deal is 'culmination of everything I showed you' over the years
This deal allows Synopsys to leverage Nvidia's AI platform to deliver computer-modeled design and engineering solutions across many industries.
CNBC
Shopify hit with hours-long outage on Cyber Monday
Select merchants were unable to log in to Shopify, while others couldn't access their point-of-sale systems, the company said.
CNBC
OpenAI takes stake in Thrive Holdings to help accelerate enterprise AI adoption
OpenAI will embed engineering, research and product teams within Thrive Holding's companies.
CNBC
Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership
The two companies are partnering to accelerate computing and AI engineering solutions.
Bloomberg
Nvidia Buys $2 Billion of Chip Software Maker Synopsys Stock
Nvidia Corp. invested $2 billion in chip-design software maker Synopsys Inc. as part of a broader engineering and design tie-up, aiming to infuse its AI-computing technology into more industries.
Bloomberg
Cyber Monday US Spending Growth Seen Lagging Europe Amid Tariffs
Cyber Monday spending will grow much more slowly in the US than Europe, a new phenomenon that reflects the impact of President Donald Trump’s trade war and aggressive interest rate cuts by the European Central Bank, according to an estimate released Monday by Salesforce Inc.
ARPU
Enterprise SaaS and AI Narrative
Programming note: We've just released our thematic report: Google's TPU and the New Economics of AI Deployment. It's an 18-page analysis deconstructing how Google is breaking Nvidia's monopoly on AI compute by exploiting the market's shift
Bloomberg
Airbus Says Vast Majority of A320 Jets Received Modification
Airbus SE said the vast majority of the about 6,000 A320-family aircraft impacted by a software glitch have received the necessary modification over the weekend, helping the European planemaker sidestep a wider disruption in what has become the company’s largest recall to date.
Bloomberg
Norway’s $2.1 Trillion Fund Backs Microsoft in Human Rights Vote
Norway’s $2.1 trillion sovereign wealth fund is backing Microsoft Corp. in a controversial case involving its human rights vetting processes.
CNBC
Coursera CEO's top tips for grads to stay competitive as AI takes jobs - CNBC
With entry-level jobs declining as employers continue to deploy AI, Coursera's CEO has shared his top tips for graduates to stay competitive in...
Bloomberg
Airlines Limit Disruptions from Airbus A320 Software Glitch
Airlines across the world raced to keep their fleet operating after a major software glitch forced an urgent update for Airbus SE’s most widely flown aircraft, with the rapid response avoiding a major meltdown during a crucial holiday-travel season.
Bloomberg
A320 Software Issue Grounds Planes in Australia, New Zealand
Airbus SE’s warning that thousands of its A320 jets need an urgent software upgrade grounded aircraft in Australia and New Zealand on Saturday, causing travel delays.
CNBC
Palantir has worst month in two years as AI stocks selloff
Palantir posted strong third-quarter earnings, but shares dropped 16% this month on valuation concerns and a short position from Michael Burry.