IonQ reported third quarter net income of $564 million, or $1.42 a share, on revenue of $173.8 million, up 336% from a year ago. Net income was driven by mark-to-market adjustments for warrants. Excluding those items, IonQ had a non-GAAP loss of 29 cents a share.

The company said for 2026, it will report revenue of $505 million to $515 million, well ahead of estimates.

Numbers to things to know:

• IonQ's quantum products had $90.3 million in revenue in the quarter.
• Skywater's foundry business had revenue of $83.5 million. IonQ didn't break out how much of Skywater was related to quantum, but did say the business grew meaningfully.
• IonQ has sold out of its Superion 256 systems for 2027.
• Superion 256 will be installed on premise at Nvidia's Accelerated Quantum Research Center and connected to its AI infrastructure.
• The quarter included two months of Skywater results.
• IonQ said it retained all of Skywater's customers and even grew the base. The company said it extended a foundry agreement with D-Wave.

Thinking Machines Lab said it launched the second generation of Inkling 2 Small, a mixture-of-experts model with 594B total and 17B active parameters. Open weights are on deck.

Akamai's cloud business showed growth of 34% in the third quarter. The company reported third quarter earnings of 77 cents a share on revenue of $1.1 billion, up 6% from a year ago. Non-GAAP earnings were $1.77 a share. Akamai said its cloud unit had revenue of $109 million in the third quarter and should deliver sales of $1.1 billion to $1.3 billion in 2027.

That surge is due to a deal with Anthropic.

• Akamai lands big Anthropic deal valued up to $20 billion

Teradata reported a better-than-expected third quarter that topped estimates. The company reported third quarter revenue of $399 million, down 4% from a year ago, with earnings of 40 cents a share. Non-GAAP earnings were 70 cents a share, 12 cents better than Wall Street estimates.

As for the outlook, Teradata projected 2026 non-GAAP earnings of $2.86 a share to $2.90 a share on revenue growth that's flat to down 1%.

Cloudflare reported third quarter revenue of $782.5 million, up 39% from a year ago, with a net loss of $34.1 million, or 10 cents a share. On a non-GAAP basis, Cloudflare reported a profit of 38 cents a share. The company projected fourth quarter revenue of $845 million to $846 million with non-GAAP earnings of 43 cents a share.

Uber and Amazon launched a partnership where Prime members get Uber Eats delivery without fees. The partnership was announced a day after Uber's third quarter earnings where the biggest takeaway revolved around the company's plan to scale autonomous vehicle service.

Here's the earnings deck. "In AVs, our focus is shifting from partnerships and testing to driverless commercial service. We're excited for Zoox to launch on Uber in Las Vegas later this month, with Motional moving up to fully driverless operations soon thereafter. We expect approximately 700 fully driverless vehicles on Uber by year-end and more than 2,000 by the end of 2027. Just as importantly, we're focused on demonstrating utilization and economics that are needed to scale," said Uber CEO Dara Khosrowshahi.

OpenAI said it will eliminate non disclosure agreements in its data center deals and ensure residents don't pay for the electricity. The move lands following the Democrat midterm wins and scrutiny of AI data centers. In a nutshell, OpenAI is planning to work more closely with local communities.

Here's what Ray had to say about the current data center climate.

IBM, AMD and the Quantum Science Center at Oak Ridge National Laboratory (ORNL) announced a co-design platform for quantum error correction that combines quantum and high-performance computing.

According to IBM, the first deployment combines IBM's quantum computers with 120-qubit IBM Quantum Nighthawk processors and ORNL's high-performance system with AMD Instinct MI355X GPUs and 5th Gen AMD EPYC CPUs.

With the system, researchers will be able to evaluate the integration of HPC and quantum to improve error correction research.

Arm said its fiscal second quarter revenue was $1.44 billion, up 27% from a year ago, with net income of $130 million, or 12 cents a share. Non-GAAP earnings for the second quarter were 52 cents a share. The results topped estimates as did the company's outlook.

In a shareholder letter, Arm said:

"AI is driving unprecedented demand for compute across the cloud, devices and autonomous systems, with Arm being the compute platform of choice. Our business is now driven by two areas, both of which are showing rapid growth: The IP business, where partners increase their investment in Arm technology and deploy record numbers of Arm-based silicon, and our new silicon business, where demand for Arm AGI CPU is extremely strong. Both are built on the same Arm compute platform, leveraging a common software ecosystem.

As customers integrate increasingly powerful CPUs, GPUs and NPUs, into their designs, they face both growing system complexity and increasingly demanding power constraints. This is driving greater investment in Arm technology by our customers, contributing to 50% growth in license and other revenue. Strong licensing momentum is an important leading indicator of future royalty growth as these new designs enter production where we expect royalty revenue to accelerate."

Nice said it would cut its workforce by 5%. The company disclosed the cuts in its third quarter earnings report. the company reported earnings of $1.60 a share on revenue of $790.7 million, up 8%. Cloud revenue was $622.7 million, up 10.6%. Non-GAAP earnings were $2.84 and ahead of Wall Street estimates.

Dialpad said it is merging with Ada in a move that brings together two AI-driven customer experience vendors. According to a statement, the combined company will build "an agentic operating system for customer work."