Tag: Software

Oracle names Schneider Electric’s Maxson as CFO amid soaring AI spending

Oracle on Monday appointed Hilary Maxson as chief financial officer, tapping ​an executive with experience in infrastructure and ‌energy to steer its efforts to meet surging demand for artificial intelligence and cloud services.

Baidu robotaxis reportedly halted mid-traffic causing crashes in Wuhan, China

Baidu’s Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan on Tuesday, according to videos shared on social media.

Amazon Goes Big on OpenAI’s Record Fund Raise. ChatGPT Parent Worth $852 Billion Ahead of IPO.

OpenAI has raised $122 billion ahead of its planned initial public offering. The ChatGPT developer got its biggest backing from Amazon.com (AMZN) as it looks to lessen its dependence on Microsoft (MSFT).

Microsoft plans to invest over $1B in Thailand for cloud, AI infrastructure

Microsoft ​plans to invest more than $1B between 2026 and 2028 in cloud and AI infrastructure and ongoing operations in Thailand.

Unity stock surges 13% on strong Q1 results, exit from ads

Unity Software shares jumped 13% in after-hours trading Thursday after the company reported preliminary first quarter results that exceeded guidance and announced plans to exit non-strategic advertising businesses.

Synopsys Stock Pops After Elliott Takes Stake. Why History Suggests Optimism Is Deserved.

Elliott Investment Management is going back into the chip business by taking a stake in Synopsys. History suggests that the activist investor knows what it’s doing.

Adobe shares drop as CEO exit spotlights crucial AI strategy

Adobe’s battered shares fell another 7% on Friday as news that the Photoshop maker’s long-time CEO will step down cast fresh doubts over its strategy to battle mounting AI competition.

Atlassian slashes 10% of workforce to ‘self-fund’ investments in AI and enterprise sales

Atlassian said on Wednesday that it’s eliminating 10% of its workforce, or about 1,600 jobs, as the company restructures following a plunge in its stock price driven by developments in artificial intelligence.

Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation

AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues.

MongoDB Stock Falls 27% Even as Earnings Beat Estimates

MongoDB stock was tumbling in premarket trading Tuesday after the document database company provided disappointing first-quarter guidance.

SAP Reorganizes Board as CEO Klein to Focus on Developing AI

SAP SE Chief Executive Officer Christian Klein announced a plan to shake up its executive board and said he will personally boost his focus on artificial intelligence as Europe’s most valuable software company faces increasing pressure from the technology.

Dorsey’s Block slashes workforce 40% to embrace AI overhaul, shares gain

Block Inc (XYZ) shares soared more than 22% in premarket U.S. trading Friday after the payments company said it would cull nearly half its workforce as part of an effort to embed artificial intelligence deeper into its operations.

Duolingo Stock Plummets 23%. Why a Strategy Shake-Up Is Spooking Wall Street.

Duolingo (DUOL) stock was plummeting on Friday after the educational technology company said it would sacrifice near-term revenue growth to focus on boosting its user base.

CoreWeave shares slip 8% as quarterly revenue guidance disappoints

CoreWeave shares fell 8% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider delivered light revenue guidance for the current quarter.

Zscaler Falls Sharply After Solid Earnings. Software Stocks Are Wild Right Now.

Software stocks have had a wild ride this week but perhaps none more so than Zscaler (ZS). The cybersecurity company’s shares fell 9% ahead of the open Friday despite beating earnings estimates after the bell Thursday.

Snowflake Stock Loses Steam After Earnings Beat

Snowflake stock was falling, reversing an initial pop, after the company’s earnings beat Wall Street estimates.

Baidu’s Swift $11 Billion Selloff Shows Struggle to Meet AI Hype

A 20% slide in Baidu Inc.’s shares over the past month serves as a crucial reminder for companies in China’s rapidly intensifying artificial intelligence race: investors are demanding tangible results.

Η QnR αναλαμβάνει στρατηγικό έργο ενίσχυσης κυβερνοασφάλειας και επιχειρησιακής συνέχειας του ΕΟΔΥ

Η Quality & Reliability A.E. (QnR), υπέγραψε σύμβαση με τον «Εθνικό Οργανισμό  Δημόσιας Υγείας (ΕΟΔΥ)», κατόπιν δημόσιου ηλεκτρονικού διαγωνισμού.

QNR: Δεν προχωρά το deal για την απόκτηση του 51% της AlphaCons

Η Quality & Reliability A.E. (εφεξής η «Εταιρεία» ή «QNR»), σε συνέχεια των από 10.07.2025 και 11.07.2025 ανακοινώσεών της προς το επενδυτικό κοινό σχετικά με την υπογραφή δεσμευτικής συμφωνίας για την απόκτηση ποσοστού 51% της εταιρείας AlphaCons Intelligent Technology Solutions Α.Ε., ενημερώνει ότι αποφασίστηκε η μη ολοκλήρωση της εν λόγω συναλλαγής.

AppLovin Stock Jumps. Why the Market’s Suddenly Excited About It.

AppLovin (APP) stock jumped more than 6% ahead of the open Friday as investors got excited about the company’s plans to launch a social networking platform.