AI
AI
AI
Despite big AI infrastructure deals, investors get nervous about the payoff
Big artificial intelligence infrastructure deals are multiplying as everyone scrambles for compute capacity.
Amazon Web Services did a $38 billion deal to provide OpenAI with compute and a $5.5 billion deal with Cipher Mining to hedge its bets, while Microsoft is spending $7.9 billion to quadruple its capacity in the UAE and did its own hedging with a $9.7 billion deal for AI cloud capacity with Australia’s IREN.
AI helped a lot of companies, from Qualcomm and Arm to AMD and Palantir, but investors once again were unforgiving for any perceived shortcomings in revenue, profit or outlook — or just shaky vibes. Swoons by big tech stocks such as Nvidia, AMD and Microsoft leaked out into the larger stock market as investors got a little nervous about whether any shortfall in the AI boom could cascade through the market.
Next week’s earnings will be interesting as a result, led by the AI infrastructure firms CoreWeave and Nebius, plus Cisco and Applied Materials.
Still, more companies are building the scaffolding around the latest hot AI thing, agents, from Snowflake and Databricks to Celonis and Kong — even as agentic turf wars are starting to flare up, this week between Amazon and Perplexity.
Google’s brought its most powerful Ironwood AI chip to general availability, while Cisco is looking to extend AI to the network edge. Hardware, and software, still figure big in the AI era, perhaps all the more so.
Merger momentum continues to rise in cybersecurity with several acquisitions this week, not to mention government approval for Google’s acquisition of Wiz.
Meet the trillion-dollar man — that’s Tesla CEO Elon Musk’s pay package, assuming he delivers on his promises.
Big conferences are coming up: KubeCon next week, Microsoft Ignite and SC25 the week after.
Here’s all the enterprise and emerging tech news, views and analysis this week from SiliconANGLE and beyond:
AI and data: Support and strife for AI agents
Analysis and food for thought
It’s all about electrical power now. But there’s no quick fix for that: Microsoft CEO Satya Nadella says the company doesn’t have enough electricity to install all the AI GPUs in its inventory: “You may actually have a bunch of chips sitting in inventory that I can’t plug in.”
Break out the 🍿 Amazon blocks Perplexity from sending its AI agents to purchase goods I think this could be one of the opening salvos in coming battles over what AI agents are allowed to do, whether it’s on websites or with enterprise software.
I’m somewhat skeptical of how meaningful the AI “race” between the U.S. and China is, given that the framing conveniently plays into the hands of leading AI companies that stand to make bank from limitations on other entities, not to mention that such a race helps boost certain companies that make the chips and software that arm that race. But Reid Hoffman makes a succinct case that periodic calls to “pause” some AI development could have the wrong result: The fundamental issue with AI pause letters
Meanwhile, if you were wondering, no IPO in the works yet for OpenAI.
Microsoft provides update on its AI efforts following OpenAI partnership change
But Microsoft AI chief Mustafa Suleyman says only biological beings can be conscious. Thank you.
Thomson Reuters’ playbook is AI everywhere
Money matters
Hippocratic AI’s valuation soars to $3.5B after raising $126M in new funding
Automation Anywhere acquires Aisera to ‘supercharge the autonomous enterprise’
Beacon Software raises $250 million to fund ‘anti-private equity’ AI roll-ups
AI-native go-to-market platform Reevo debuts with $80M in funding
Low-latency AI model pioneer Inception nabs $50M
Procurement Sciences raises $30M Series B round to accelerate AI in government contracting
DualBird nabs $25M for its FPGA-powered data processing platform
Industrial AI startup Octonomy raises $20M in seed funding
Mimic raises $16M to build AI models for human-like robotic hands
Planbase launches with $2.1M to bring AI automation to healthcare workforce management
New models and services
AI analytical agent caps a wave of new and enhanced Snowflake products
Databricks expands tools for governing and evaluating AI agents
Apple nears $1B-a-year deal to use Google AI for Siri (per Bloomberg)
How AWS is partnering with F1 to reshape auto racing
Kong automates MCP server testing and debugging for AI agent developers
Exclusive: Lemony says its dynamic prompt routing tool cuts AI costs by up to 85%
Celonis feeds AI agents with process intelligence data to enhance their operational context
Neuron7 combines deterministic AI with autonomous reasoning to prevent agent hallucinations
New Relic steps up observability for agentic AI deployments
SAP unveils new AI data tools at TechEd, including Snowflake zero-copy and relational AI model
Anyscale and Microsoft team up to launch AI-native compute service on Azure
RapidFire AI applies parallelization to speeding RAG workflows
Nexla launches Express to simplify data engineering with conversational AI
Drax model from aiOla makes AI speech recognition viable and reliable in noisy environments
Bria unveils FIBO foundation model for predictable and brand-safe AI generation
Frontegg unveils AgentLink to bridge SaaS products with agentic AI through secure MCP connections
Policy
UK court mostly sides with Stability AI in AI copyright lawsuit
There’s even more AI and big data news on SiliconANGLE
Around the enterprise: Deal time for AI infrastructure
Money matters
OpenAI inks $38B AI infrastructure deal with AWS It’s a strange world when this isn’t considered huge compared with other recent deals but it may be smart for AWS, if it had a choice, not to put all its eggs in OpenAI’s basket.
And that’s not all: Cipher announces $5.5 billion, 15-year lease agreement with AWS for AI workloads
Microsoft to quadruple its UAE AI data center capacity as part of $7.9B investment
Microsoft inks $9.7B deal with Australia’s IREN for AI cloud capacity That also may prove to be smart hedging against overbuild.
Fullstory acquires Usetiful to connect behavioral analytics with real-time user guidance
Fintary lands $10M to modernize insurance commission management
Our earnings stories…
AMD’s revenue and profit jump again, but stock falls as margins disappoint
Qualcomm and Arm beat expectations, but investors’ reactions are mixed
Supermicro’s stock tumbles on weak earnings and mixed guidance
Palantir CEO Alex Karp slams ‘detractors’ as company delivers record revenue again
Arista Networks beats expectations but its guidance worries investors
Kyndryl revenue declines but profits beat expectations as shift to higher-margin services continues
Snap stock jumps on Perplexity AI partnership and better-than-expected earnings results
HubSpot’s stock plummets on weak sales guidance and slowing growth
JFrog’s stock leaps on big cloud revenue growth and strong guidance
Appian surges 30% on expectation-topping third quarter results
Block shares tumble after earnings and revenue miss expectations
Informatica beats sales forecasts as Salesforce acquisition nears
… and the rest
DigitalOcean surges on strong Q3 results and mixed guidance
Astera Labs tops targets on strong AI data center business
Rapid7 shares tumble as Q4 guidance falls short of expectations
Software intelligence platform Dynatrace’s earnings beat forecast, revenue topped estimates
Figma delivers strong forecast as AI draws in more customers
Fortinet falls on Q3 earnings miss, soft revenue guidance
Robinhood doubles revenue as it beats third-quarter earnings expectations
Uber falls 8% despite third-quarter revenue beat
Lyft posts earnings miss, but bookings top estimates
Rivian tops revenue expectations as buyers rush before EV incentive expiry And: Rivian creates another spinoff company called Mind Robotics
OpenText stock falls 7% after revenue and earnings decline
Freshworks delivers strong Q3, ups outlook, targets business teams
Fastly stock jumps as earnings beat by seven cents, revenue topped estimates
Duolingo stock plunges 27% on light guidance as company prioritizes user growth
Amplitude earnings matched, revenue topped estimates
IonQ posts huge sales beat in Q3
RingCentral’s Q3 revenue in line with expectations
NetScout earnings beat by 18 cents, revenue tops estimates
Synaptics beats Q4 earnings and revenue estimates
Gen Digital earnings beat by a penny, revenue tops estimates
Akamai Q3 2025 beats forecasts, stock rises
Five9 earnings beat by five cents, revenue tops estimates
Rackspace earnings missed by a penny, revenue tops estimates
Expense management software firm Expensify Q3 revenue misses estimates
Dropbox Q3 earnings and revenue beat estimates
D-Wave Quantum repored smaller-than-expected loss and revenue tops views
New products and services
Google unleashes Ironwood TPUs, new Axion instances as AI inference demand surges
Cisco launches devices and software aimed at bringing AI to the edge And analysis by Zeus Kerravala: Cisco gives customer experience a big dose of AI
Vast Data and CoreWeave team up to provide enhanced AI data services
AWS to build Fastnet subsea internet cable that will link US and Ireland
Apptio expands its FinOps tools for cloud cost control
Policy
Google to make major changes to its app store to settle Epic Games lawsuit
We have lots more news on cloud, infrastructure and apps
Cyber beat: Merger mo’
Money matters
DOJ greenlights Alphabet’s $32B Wiz deal as Google moves to expand cloud security leadership
Zscaler acquires Splx to enhance AI app inspection and protection
Bugcrowd acquires AI security startup Mayhem to fuse hacker ingenuity with machine intelligence
Coalition expands cyber risk prevention capabilities with acquisition of Wirespeed
Cybersecurity firm Arctic Wolf acquires UpSight Security to boost its endpoint security
Alphabet’s CapitalG backs $435M round for connected device security startup Armis
Daylight Security raises $33M to expand AI-driven managed detection and response
Flare raises $30M to raise the bar for cybersecurity threat intelligence
Truffle Security secures $25M to protect codebases from leaked secrets and nonhuman identities
Malanta debuts with $10M to help enterprises neutralize threats before they strike
Portal26 nabs $9M for its AI application governance platform
Exclusive: Rilevera raises $3M to automate cyberthreat detection engineering
New products and services
Fortinet, SentinelOne and CrowdStrike debut new AI security features
Dataminr launches Developer Portal and enhanced SDK to simplify AI integration
Keeper Security debuts Forcefield to block memory-based attacks on Windows
Veza expands Access AI and launches Access AuthZ to unify and automate identity security
Attack & response
Google Cloud report warns of AI-driven cyberattacks and global extortion surge in 2026
Google warns that a new era of self-evolving, AI-driven malware has begun
JFrog discloses CVSS 9.8 React vulnerability putting millions of developers at risk
Elsewhere in tech: Ripple’s big raise
Crypto giant Ripple lands $500M at a $40B valuation
Google to launch satellites equipped with its TPU AI chips in 2027
Zynk raises $5M to support instant cross-border payments
Quantum diamond microscope startup EuQlid launches with $3M
Quantinuum unveils its latest quantum computer
OpenMind, Robostore launch academic training program for humanoid robots
Trump claims not to know the crypto king he just pardoned
Elon Musk to receive $1T Tesla pay package if ambitious targets are met
What Musk’s politics cost Tesla: a million vehicle sales (per Politico) A very large proportion of Teslas in Silicon Valley — Silicon Valley –– have lost their Tesla logos and many have bumper stickers reading variations on: “I bought this before I knew Elon was crazy.” And no small number of friends say they will never buy a Tesla now. FAFO.
Sources and docs: After Marc Andreessen donated $5M+ to Trump’s 2024 campaign, most CFPB probes have stalled, including three into Andreessen-backed companies (per ProPublica, but thank you, Gabe Rivera of Techmeme, for the more cogent headline) And they all want us to believe crypto levels the playing field, removes supposedly too restrictive rules, etc. etc. Meanwhile, Trump himself makes bank on his own crypto. 🤦
And check out more news on emerging tech, blockchain and crypto and policy
Comings and goings
MongoDB CEO Dev Ittycheria stepped down, replaced by Cloudflare executive CJ Desai.
IBM will cut thousands of roles in focus on software growth (per Bloomberg).
Teradata appointed Josh Fecteau chief data and AI officer
Sequoia named Alfred Lin and Pat Grady as new co-stewards as Roelof Botha stepped down, apparently on concerns about his leadership.
Payroll and HR platform Deel appointed Joe Kauffman president and chief financial officer.
HP Solutions President Dave Shull will leave his position after three years at HP with former Juniper COO Manoj Leelanivas named as his replacement (per CRN)
Trust management firm Drata appointed Aneal Vallurupalli its first CFO.
Warehouse robotics firm Exotec named Renata Spada chief people officer and Aurelie Clerquin EVP of finance.
What’s next
Events
Nov. 10-13: KubeCon+CloudNativeCon, Atlanta. TheCUBE will be there with interviews and analysis and SiliconANGLE will have the news.
Nov. 16-21: SC25, St. Louis. TheCUBE will be there with interviews and analysis Nov. 18-21 and SiliconANGLE will have the news.
Nov. 18-21: Microsoft Ignite, San Francisco: SiliconANGLE will have all the news.
Earnings
Monday, Nov. 10: Monday.com (of course), CoreWeave, Rigetti, Tower Semi
Tuesday, Nov. 11: Nebius
Wednesday, Nov. 12: Cisco, Circle Internet Group
Thursday, Nov. 13: Applied Materials, GlobalFoundries
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