Tag: Software

Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin is targeting an initial public offering in the city, which could value its affiliate at $50 billion.

Zeta Global stock rises on Palantir partnership announcement

Zeta Global shares rose 5% Tuesday following the announcement of a strategic partnership with Palantir Technologies (NASDAQ:PLTR) to build a unified data and AI infrastructure for enterprise marketing.

Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI.

Chevron to fuel massive Microsoft data center in Texas with natural gas

Chevron will fuel a massive Microsoft data center in West Texas with natural gas under a 20-year agreement, the oil major announced Monday.

India’s largest telecom and digital service Jio Platforms files for IPO

Billionaire Mukesh Ambani’s Jio Platforms, India’s largest wireless operator and digital service provider, filed draft papers for an initial public offering on Friday.

Space Hellas: Φορτσάρει στην άμυνα με SAFE και ΕΛΚΑΚ- Παραμένει στη διεκδίκηση των νέων ταυτοτήτων

Ο Όμιλος Space συνεχίζει μια δυναμική πορεία, αξιοποιώντας τις ευκαιρίες της εποχής με την αυξημένη ζήτηση σε ψηφιακές πλατφόρμες, διασύνδεση συστημάτων και ενσωμάτωση Τεχνητής Νοημοσύνης. Σήμερα η εταιρεία στρέφει το βλέμμα στον ταχέως αναπτυσσόμενο κλάδο του defense tech με έμφαση στην ανάπτυξη ψηφιακών εργαλείων για τις ελληνικές ένοπλες δυνάμεις, διερευνώντας παράλληλα τις χρηματοδοτικές ευκαιρίες που παρέχει το εξοπλιστικό πρόγραμμα SAFE.

Oracle says details in report of failed Microsoft cloud deal talks ‘inaccurate’

Oracle said on Tuesday that details in a Business Insider ​report on the collapse of its discussions with ‌Microsoft over a potential leasing deal were inaccurate.

SpaceX locks in $60 billion Cursor deal to power AI coding push

Elon Musk’s SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its presence ​in the enterprise AI market.

Adobe Stock Slides Despite Record Results. CFO Heads for Chip Company.

Adobe reported better-than-expected second-quarter financial results on Thursday night backed by strong demand for its artificial intelligence products. The stock was still sliding,

Oracle shares dropped due to higher capital expenditure, revenue guidance concerns, and cloud growth impacting software margins.

Higher capital expenditure, revenue guidance falling short of expectations, and the growth of cloud computing diluting the company’s software margins all look like concerns. But that’s not putting off some analysts.

Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure

Meta Platforms plans to lease 168 MW AI-enabled data center in India from Reliance Industries.

Corning shares jump 9% after striking deal to power Amazon AI data centers in U.S.

Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers, the latest megadeal featuring two companies at the center of the artificial intelligence boom.

ServiceTitan surges 12% on strong Q1 results, guidance

ServiceTitan Inc. reported first-quarter results that exceeded analyst expectations, driving shares up 12.5% as the software platform for trades businesses demonstrated strong revenue growth and improved profitability.

Profile: Συμφωνία με Πειραιώς, φλερτ με ΝΑΤΟ και επέκταση στον κλάδο της Αμυνας

Με το βλέμμα στις χρηματοοικονομικές υπηρεσίες με σημαντικές συνεργασίες εντός και εκτός συνόρων, αλλά και στην Άμυνα, η Profile καταγράφει ισχυρούς ρυθμούς ανάπτυξης στο πρώτο εξάμηνο του 2026, και θέλει να ενισχύσει την παρουσία της στο εξωτερικό.

CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%

CrowdStrike narrowly beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.

Amazon unveils new AI warehouse robot in $12 billion Europe push

Amazon on Thursday unveiled an upgraded ‌AI-powered mobile robot for its warehouses that can respond to conversational prompts, as part of a €10 billion ($11.6 billion) investment in its European fulfilment network.

Microsoft Unveils New Quantum Chip. What It Means for the Stock.

Microsoft has launched a new quantum chip that it says is 1000 times more reliable than its predecessor, while halving its timeline to develop a scalable quantum computer to 2029.

MongoDB Stock Rises on Earnings Beat. Software Isn’t Dead Yet.

Shares of MongoDB were rising on Friday after the document database company surpassed Wall Street’s expectations with its fiscal first-quarter earnings report and raised its full-fiscal year profit outlook.

Nebius Stock Surges on Backing From This Big AI Investor

Nebius Group stock looked set for a boost early Thursday. Prominent artificial-intelligence investor Leopold Aschenbrenner has backed the cloud-computing company.

Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud

Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use of the company’s custom silicon and chips for artificial intelligence.