Meta raised its capital spending outlook for 2025 as it throws money at AI researchers as it chases superintelligence. The good news for Meta is that it can afford the spending spree.
Microsoft delivered better-than-expected fourth quarter earnings results as Azure ended the fiscal year with $75 billion in revenue, up 34%.
Writer released Action Agent, an "autonomous AI superagent," that's designed to carry out multi-step work using deep research, computer use and tools with enterprise controls.
DigitalOcean CEO Paddy Srinivasan said AI inferencing is becoming the dominant workload at the cloud provider, AI native companies have the potential to scale faster and leaner than ever before and agentic AI is in the early innings with a lot of loose ends to tie up.
Dexcom, which makes glucose monitoring equipment and technology, is betting that it can dramatically expand its total addressable market for people with diabetes with a big assist from generative AI.
The latest batch of enterprise technology projects we’re watching include a ransomware recovery, SAP clean core implementation, supply chain optimizations, using enterprise AI over genAI and choosing to build instead of buy.
Infosys CEO Salil Parekh said the company is "seeing good demand for AI agents" for vertical and horizontal use cases. Infosys is also deploying AI agents within its own business process management unit.
IBM reported strong second quarter results, a revenue pop for its infrastructure business due to its new mainframe system and a growing backlog for its AI business.
ServiceNow handily topped expectations in the second quarter and said it is gaining traction in CRM as it expands its footprint.
Google Cloud revenue in the second quarter surged 32% to $13.6 billion as Alphabet parent of Google, delivered better-than-expected results.
OpenAI plans to measure productivity gains for ChatGPT over the 12 months via the company's economic research team and academic partners.
General Motors said it is expanding its software services revenue, adding AI talent and honing its development practices to bring down warranty costs.
