October 2025 - Page 4 of 51

Cloud

Microsoft’s stock falls on AI spending concerns and lack of clarity about OpenAI

By Mike Wheatley Oct 29, 2025

Microsoft Corp. beat expectations again for its latest quarterly results, helped by a 40% increase in its Azure cloud business — but its stock fell almost 4% in late-trading after it revealed the scale…

AI

OpenAI reportedly planning 2026-2027 IPO at valuation of up to $1T

By Duncan Riley Oct 29, 2025

Artificial intelligence giant OpenAI Group PBC is reportedly laying the ground work for an initial public offering that could value the company at $1 trillion. Reuters, refering to three people familiar with the matter,…

Cloud

Azure outage takes multiple Microsoft services, customer websites offline

By Maria Deutscher Oct 29, 2025

A technical issue in Microsoft Corp.’s Azure cloud platform today disrupted several online services operated by the tech giant and its customers. Starbucks Corp., Costco Wholescale Corp. and Capital One Financial Corp. were among…

Cloud

Rampant cloud growth propels Alphabet to $100B quarterly revenue milestone

By Mike Wheatley Oct 29, 2025

Google LLC’s parent company Alphabet Inc. crushed Wall Street’s expectations as it delivered more than $100 billion in quarterly revenue for the first time ever, sending its stock higher in extended trading. The company…

AI

AI video startup Synthesia reportedly raises $200M at $4B valuation

By Duncan Riley Oct 29, 2025

Artificial intelligence video startup Synthesia Ltd. has reportedly raised $200 million in new funding at a $4 billion valuation. Though the company has not confirmed the new raise, Forbes reported today that GV Management Co.,…

Cloud

ServiceNow stock rises on earnings and revenue beats, upbeat outlook

By Duncan Riley Oct 29, 2025

Shares in ServiceNow Inc. rose more than 3% in late trading today after the cloud software maker impressed with earnings and revenue beats in its latest quarter and gave an outlook ahead of expectations.…

AI

AWS opens $11B Project Rainier data center campus built for Anthropic

By Maria Deutscher Oct 29, 2025

Amazon Web Services Inc. has opened a $11 billion data center campus in Indiana that will run artificial intelligence models for Anthropic PBC. CNBC reported the milestone today. The campus, which is located near…

AI

Three insights you might have missed at Audit & Beyond

By Emile Louw Oct 29, 2025

Artificial intelligence is closing the book on manual auditing. But among the hype, what indicates substance in the emergent field of AI-powered assurance? At Audit & Beyond 2025, the answer started with “execution.” Recent…

Infra

Extreme Networks shares drop 15%+ despite solid earnings report as profit margin falls

By Maria Deutscher Oct 29, 2025

Shares of Extreme Networks Inc. plummeted 15% today after the network equipment and software provider released its latest quarterly report. The company’s sales in the three months through Sept. 30 topped expectations, while its…

AI

Kubernetes optimization drives Red Hat’s next leap in AI performance

By Chad Wilson Oct 29, 2025

Kubernetes optimization is shaping the next wave of artificial intelligence infrastructure, bridging the gap between large-scale intelligence and production-grade reliability. Enterprises are moving past AI experimentation toward scalable deployment, and Kubernetes has emerged as…

Month: October 2025

OpenAI reportedly planning 2026-2027 IPO at valuation of up to $1T

Azure outage takes multiple Microsoft services, customer websites offline

Rampant cloud growth propels Alphabet to $100B quarterly revenue milestone

AI video startup Synthesia reportedly raises $200M at $4B valuation

AWS opens $11B Project Rainier data center campus built for Anthropic

Three insights you might have missed at Audit & Beyond

Extreme Networks shares drop 15%+ despite solid earnings report as profit margin falls

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