Tag: Enterprise
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Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.
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SpaceX to acquire the AI coding startup Cursor for $60 billion
The deal will help to bolster the company’s efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
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Anthropic to meet with Trump administration over Mythos dispute
Anthropic received an export control directive that ordered the company to suspend access to its latest AI models by any foreign national.
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Salesforce to buy AI customer service platform Fin for $3.6 billion to boost agentic offerings
Businesses are accelerating their agentic offerings for enterprises as competition heats up.
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From 10% chance of success to $2 trillion market cap: SpaceX’s historic IPO
After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech’s megacaps.
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OpenAI says it’s engaging ‘constructively’ with state AGs about concerns
The Wall Street Journal reported that a coalition of state attorneys general have opened an investigation into OpenAI.
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Ex-Andreessen Horowitz partner slams his old firm, other VCs for ‘political infiltration’ around AI
John O’Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to “intimidate politicians.”
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Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.
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OpenAI to acquire Ona to support its AI coding assistant, Codex
Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said.
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Oracle shares tumble 11% on increased capital raise, cash concerns
Oracle beat on earnings and revenue, but negative free cash flow and the company’s plan to raise more capital is weighing on the stock.
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