AI
AI
AI
AI embraces and extends enterprise software as funding keeps pouring in – but is all this a bubble?
Artificial intelligence is changing the world of software even faster than its many proponents predicted.
This week we saw several big moves by major companies to leverage AI to transform — let’s call it embrace and extend, as one software giant used to put it — the $900 billion enterprise software market.
First up was OpenAI, which announced ChatGPT apps — potentially building a lock-in layer. Indeed, as ChatGPT chief Nick Turley told Axios, “It’s not inconceivable to me that over time, you perceive ChatGPT to be a type of operating system. Now, literally speaking, it’s obviously running on something; it’s not a real OS in that sense.” But he said ChatGPT will be both an “access point to get into other pieces of software” and a place for developers to innovate. “So, in that sense, it’s very much becoming an operating system.”
Next was Google, which debuted Gemini Enterprise, a platform bringing together its cutting-edge models, chatbot and artificial intelligence agents into a single centralized platform. Then the same day, Amazon launched Quick Suite to bring AI agents into the enterprise workplace — potentially making working with an AI agent “as simple as chatting with a teammate,” said Swami Sivasubramanian, vice president of AWS agentic AI.
Next week, at Dreamforce, we’ll hear Salesforce CEO Mark Benioff’s vision for how an enterprise software and services stalwart aims to thrive in this new world. And of course, Microsoft seems sure to weigh in further at its Ignite conference in mid-November on its bid to lead software’s next wave with its Copilot AI companion.
Essentially, they’re all attempting to provide a higher-level interface to enterprise applications, mediated by a chat interface rather than, well, a thousand separate interfaces. It’s not going to happen immediately, especially since the AI agents needed to do this smoothly will take awhile to become pervasive in enterprises. But it’s surely coming. For a deeper and more detailed prediction of what will happen — and what needs to happen first — check out theCUBE Research team’s latest Breaking Analysis: Service-as-software: The new control plane for business.
Meanwhile, AI funding continued apace despite growing worries about a bubble. Reflection AI raised $2 billion at an $8 billion valuation, and workflow automation startup n8n got $120 million from Nvidia and others. And Qumulus raised $500 million through turning hardware into collateral through the blockchain, which analyst Zeus Kerravala could be a model for funding AI “neoclouds.” Honestly, I’m not sure about turning hardware into a financial instrument, but it surely won’t be the last. And all this comes as AI funding basically saved venture capital’s bacon last quarter.
But there’s a lot of hardware getting bought and sold for sure — potentially creating a decade-long pricing apocalypse. OpenAI is spending $10 billion on AMD hardware (and stock!), while Elon Musk’s xAI is spending (or borrowing for) an additional $18 billion worth of Nvidia chips for its second Colossus data center.
Next week will be a busy event and news week with Dreamforce in San Francisco, Oracle’s AI World in Las Vegas, and Open Compute Summit in San Jose.
Here’s all the news in enterprise and emerging tech this week from SiliconANGLE and beyond:
AI and data: AI is the new operating system
Food for thought
New reports add to concerns about potential AI bubble, Goldman Sachs says it’s not a bubble yet, but it’s advisable to watch carefully for further signs.
AI data centers are swallowing the world’s memory and storage supply, setting the stage for a pricing apocalypse that could last a decade (per Tom’s Hardware)
AI agents will always require human input and oversight, says Intellyx’s Jason English: To test agentic AI, apply agents liberally
New models and services
OpenAI announces ChatGPT apps, embedded Codex coding agent at DevDay Indeed, as ChatGPT chief Nick Turley told Axios, “It’s not inconceivable to me that over time, you perceive ChatGPT to be a type of operating system. Now, literally speaking, it’s obviously running on something; it’s not a real OS in that sense.” But he said ChatGPT will be both an “access point to get into other pieces of software” and a place for developers to innovate. “So, in that sense, it’s very much becoming an operating system.”
Of course, it’s far from alone. Just this week as well, both Amazon Web Services and Google announced what are essentially chat front-ends to software and data. … And let’s not let Windows provider Microsoft either…
Google debuts Gemini Enterprise, a unified AI platform for businesses
Google’s Gemini 2.5 Computer Use model can navigate the web like a human
Amazon launches Quick Suite to bring AI agents into the enterprise workplace
Anthropic’s AI safety tool Petri uses autonomous agents to study model behavior
IBM expands agentic AI and infrastructure automation to bridge software, cloud and mainframe systems
Exclusive: IBM tightens partnership with Cockroach Labs to fuel customer modernization initiatives
Oracle adds AI agents for marketing, sales and service to Fusion Cloud
Oracle NetSuite overhauls user experience, introduces AI-driven updates
Adobe takes aim at business buyers with dedicated B2B AI agents
Samsung researchers create tiny AI model that beats the biggest LLMs in reasoning puzzles
Opkey expands Argano partnership to accelerate Oracle automation with agentic AI
A121 Labs’ Jamba Reasoning 3B is a powerful tiny model that promises to transform AI economics
Everyone can go build: Retool adds latest chapter in movement to democratize software generation
Salesforce aims to shake up IT service delivery with AI agents
SAP enhances business suite with AI agents and expanded data cloud ecosystem
Starburst aims AI-ready data platform at the ‘agentic workforce’
Exclusive: FormAssembly launches AI assistant to streamline data collection
Dataiku’s new Agent Hub gives businesses full control over agentic AI automation
Atlassian gives Rovo AI a major upgrade and developers new tools
PagerDuty debuts end-to-end AI agents to automate and accelerate incident management
Zendesk introduces new AI automation features for contact centers
Teambridge unveils AI platform built for frontline and shift-based workforces
Money matters
Reflection AI lands $2B at $8B valuation to expand frontier AI infrastructure and safety research
The $500M blueprint: How QumulusAI and USD.AI are forging a new financial model for the AI neocloud
Qualtrics expands into healthcare and analytics with planned $6.75B Press Ganey Forsta purchase
Nvidia backs $180M round for workflow automation startup n8n
AI drives 38% surge in global venture capital funding as third quarter hits $97B
Data streaming provider Confluent reportedly exploring a sale
Heidi Health raises $65M to automate administrative tasks for doctors
Legal AI firm Spellbook raises $50M to expand contract review platform
Tigris Data raises $25M for its AI-optimized cloud storage service
Kernel raises $22M to power browser infrastructure for AI agents
ClickHouse extends Series C round to fuel real-time analytics and AI growth
AI sales automation startup AnyTeam gets $10M backing from 40+ investors
Exclusive: Voice AI developer Smallest.ai nabs $8M investment
Pavus AI raises $5.2M in funding to build a digital brain for procurement teams
AlgoX2 raises $3.5M to modernize data streaming infrastructure
There’s even more AI and big data news on SiliconANGLE
Around the enterprise: The coming assembly line for knowledge work
Analysis
Breaking Analysis: Service-as-software: The new control plane for business
Money matters
OpenAI to buy $10B+ worth of AMD hardware, stock through new partnership And AMD’s stock rose more than 40% this week, even after a dig from Nvidia CEO Jensen Huang.
Elon Musk’s xAI reportedly will spend $18B+ more on Nvidia chips for Colossus 2 data center
Dell stock popped Tuesday as it upped its long-term revenue growth forecast thanks to AI infrastructure opportunities. Likewise, TSMC posted better-than-expected sales on AI demand.
But: Oracle shares sank on a report in The Information that its cloud margins are lower than expected.
Travel tech firm Navan eyes $6.45 billion valuation in US IPO
Defense software startup Govini surpassed $100M in ARR and received $150M investment from Bain Capital.
Cerebras CEO explains IPO withdrawal, says AI chipmaker still intends to go public OK, I guess it wasn’t that huge funding round last week.
Policy
Trump puts extra 100% tariff on China imports, adds export controls on ‘critical software’ … tanking the market again — Nasdaq alone down 3.6% Friday
UK gives Google ‘strategic market status’ in search and search advertising
Apple comes under criticism for removing apps related to ICE arrests
New products and services
Intel debuts Panther Lake laptop processors, previews 288-core server chip
Cisco’s 51.2T Silicon One P200 chip brings scale-across to distributed AI
Spacelift enables instant, ‘codeless’ infrastructure provisioning for cloud workloads
We have lots more news on cloud, infrastructure and apps
Cyber beat: The bad guys discover AI
Attack & response
OpenAI details expanding efforts to disrupt malicious use of AI in new report
New products and services
Google DeepMind unveils CodeMender, an AI agent that autonomously patches software vulnerabilities
Object First debuts Ootbi Mini for ransomware-proof Veeam storage at the edge
Recorded Future debuts Autonomous Threat Operations to enable AI-powered continuous defense
Cobalt debuts hybrid AI and human-led approach to modernize penetration testing workflows
Sonrai Security introduces WALLy AI agent to fix cloud privilege risks automatically
Proof launches Certify to combat deepfakes and AI-driven digital impersonation
1Password tackles AI credential risks with new Secure Agentic Autofill integration for Browserbase
Money matters
Kaseya expands cybersecurity platform with acquisition of INKY
US investor consortium buys controlling stake in spyware developer NSO Group
OneSpan invests in ThreatFabric to strengthen mobile fraud detection and cyber defense
Filigran raises $58M to expand its AI-driven threat management platform
Realm.Security raises $15M to redefine security data pipelines with AI
Elsewhere in tech: Prediction markets go mainstream
Quantum computer developer IonQ to raise $2B in funding
SoftBank to buy ABB robotics unit for $5.4B as it boosts its AI play
NYSE’s parent company to invest up to $2B in prediction market startup Polymarket
And it’s not alone in attracting investors: Kalshi’s $300M raise values firm at $5B as it tops Polymarket in global market share
Tesla faces probe after accidents in cars fitted with full self-driving software
Firefly targets the defense industry after buying SciTec for $855M
Qualcomm acquires miniature computer maker Arduino
And check out more news on emerging tech, blockchain and crypto and policy
Comings and goings
Former UK Prime Minister Rishi Sunak joins Microsoft and Anthropic as an adviser
Verizon named former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg.
Work management platform Smartsheet hired former Concur and Accolade exec Rajeev Singh as CEO, succeeding acting CEO Sunny Gupta.
Former Gainsight EVP Maksim Ovsyannikov was appointed chief product officer at sales automation platform SugarCRM.
Security information and event management firm Exabeam appointed Chief Revenue Officer Pete Harteveld CEO, replacing retiring Chris O’Malley.
Chip lithography supplier ASML named longtime exec Marco Pieters chief technology officer.
Data management platform Reltio appointed Alyson Welch chief revenue officer and Trish Hayward chief AI business transformation officer.
Data integration platform Incorta named longtime software architect Ragy Eleish CTO.
What’s next
Events
Oct. 13-16: Oracle AI World, Las Vegas. SiliconANGLE will have all the news.
Oct. 13-16: OCP Global Summit, San Jose, California. SiliconANGLE will be there with the news.
Oct. 14-16: Salesforce Dreamforce, San Francisco: SiliconANGLE and theCUBE will both be onsite with news, analysis and interviews.
Earnings
Wednesday, Oct. 15: ASML
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