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Infra

AI data center firm IREN’s stock soars after it strikes $2.1B deal with Nvidia

By Mike Wheatley May 7, 2026

Neocloud company IREN Ltd. has secured a $2.1 billion commitment from the chipmaker Nvidia Corp. as part of a new data center partnership aimed at artificial intelligence workloads. The partners plan to deploy up…

AI

AWS adds agentic payment features to Amazon Bedrock AgentCore

By Maria Deutscher May 7, 2026

Amazon Web Services Inc. today debuted a set of features that artificial intelligence agents can use to make purchases. The capabilities are available in preview through the cloud giant’s Amazon Bedrock AgentCore service. It’s a…

Infra

CoreWeave ups its spending forecast as revenue guidance falls short, and its stock sinks

By Mike Wheatley May 7, 2026

Shares of the cloud data center company CoreWeave Inc. were trading more than 8% lower after-hours following mixed first-quarter earnings results and a lower-than-expected forecast for the current quarter. The company also increased its…

AI

Akamai shares surge 26% on $1.8B AI infrastructure deal as earnings meet estimates

By Duncan Riley May 7, 2026

Shares in Akamai Technologies Inc. surged more than 26% in late trading today after the cybersecurity and cloud computing company reported in-line first-quarter results and disclosed a $1.8 billion, seven-year commitment from a leading…

AI

Open-source AI developer Moonshot AI raises $2B at $20B+ valuation

By Maria Deutscher May 7, 2026

Chinese artificial intelligence lab Moonshot AI has raised $2 billion in funding at a valuation exceeding $20 billion. TechCrunch reported the deal today, citing a social media post from an investment advisory firm that…

Apps

Block raises 2026 outlook after first-quarter earnings beat, accelerating gross profit growth

By Duncan Riley May 7, 2026

Shares of Block Inc. rose more than 8% in late trading today after the financial services company beat earnings expectations, accelerated gross profit growth and raised its full-year outlook on the back of a…

AI

Something old, something new, something borrowed, something blue: Thoughts from Arvind Krishna’s keynote at IBM Think

By Zeus Kerravala May 7, 2026

At this year’s IBM Think, Chief Executive Arvind Krishna’s keynote focused on artificial intelligence’s impact on the modern enterprise. Instead of the usual tour through features and roadmaps, his talk challenged information technology leaders. The real…

Security

Cloudflare beats on earnings, but 20% AI-driven layoffs and weak guidance send shares down

By Duncan Riley May 7, 2026

Shares in Cloudflare Inc. plunged more than 16% in late trading today after the content delivery network and security company beat fiscal 2026 first-quarter estimates but issued second-quarter revenue guidance that fell short of…

Emerging Tech

Quantum Motion raises $160M to build faster quantum chips

By Maria Deutscher May 7, 2026

Quantum computer maker Quantum Motion Ltd. today announced that it has raised $160 million in funding to enhance its silicon-based qubit technology. The Series C round was led by DCVC and Kembara. It comes…

AI

9 themes defining the future of AI-driven customer engagement: Insights from Twilio’s Signal event

By Ryan Stevens May 7, 2026

Customer engagement is shifting from disconnected interactions to continuous, AI-driven experiences that span channels and adapt in real time — and unified data, orchestration and AI agents are rapidly becoming the foundation of that…

the latest

AI data center firm IREN’s stock soars after it strikes $2.1B deal with Nvidia

AWS adds agentic payment features to Amazon Bedrock AgentCore

Open-source AI developer Moonshot AI raises $2B at $20B+ valuation

Block raises 2026 outlook after first-quarter earnings beat, accelerating gross profit growth

Something old, something new, something borrowed, something blue: Thoughts from Arvind Krishna’s keynote at IBM Think

Quantum Motion raises $160M to build faster quantum chips

9 themes defining the future of AI-driven customer engagement: Insights from Twilio’s Signal event

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