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AI

FriendliAI raises $20M in funding to accelerate AI inference workloads

By Maria Deutscher Aug 29, 2025

FriendliAI Corp., a startup that helps developers speed up their artificial intelligence models, has raised $20 million in funding. Capstone Partners led the seed extension round. FriendliAI detailed in its announcement of the raise…

AI

Elon Musk’s xAI releases agentic coding model aimed at high speed and affordability

By Kyt Dotson Aug 29, 2025

Elon Musk’s xAI Holdings Corp. has released grok-code-fast-1, a dedicated agentic coding artificial intelligence model that is extremely speedy and designed to strike a “compelling balance between performance and cost.” In a market that is…

AI

Walmart embraces agentic AI with major machine learning platform upgrade and developer ‘super agent’

By Paul Gillin Aug 29, 2025

Walmart Inc. is giving its Element machine learning platform a major agentic upgrade and adding a “super agent” for software development to its growing portfolio of semi-autonomous software robots. The retail giant is using…

AI

The AI boom didn’t quite save Nvidia earnings, but enterprise software cashed in

By Robert Hof Aug 29, 2025

In the most-watched tech event this week, Nvidia came up (a bit) short on earnings, but it still offered a pretty darn good growth projections. Thing is, they didn’t include any possible sales to…

Infra

Nvidia CEO Jensen Huang claims $600B in annual capital spending – wait, what?

By Dave Vellante Aug 29, 2025

Nvidia Corp. CEO Jensen Huang repeatedly stated during the company’s second-quarter 2026 earnings call this week that the top four hyperscalers (Amazon Web Services Inc., Google LLC, Microsoft Corp. and Meta Platforms Inc.) would…

AI

Early leaders in the agentic AI race show agents are here to stay

By Jason Bloomberg Aug 28, 2025

Generative artificial intelligence is oh-so-2024. Now that we’re most of the way through 2025, all the AI buzz is around agentic AI. AI agents – large language model-powered autonomous software programs that can iteratively…

Cloud

Elastic’s stock jumps on impressive earnings and revenue beat

By Mike Wheatley Aug 28, 2025

Enterprise data search company Elastic N.V. delighted Wall Street investors today as it delivered financial results that surpassed even the most optimistic forecasts. Its guidance for the current quarter was just as impressive, and…

Infra

Marvell’s stock slumps on concerns over custom silicon, but long-term prospects look strong

By Mike Wheatley Aug 28, 2025

Marvell Technology Inc. could only match Wall Street’s expectations on earnings and revenue as it delivered its latest financial results today, and followed with soft guidance for the current quarter. Predictably, its stock took…

Infra

Soft outlook weighs on Dell’s stock despite soaring AI server sales

By Mike Wheatley Aug 28, 2025

Dell Technologies Inc. posted strong second-quarter financial results today, but even though it beat expectations on earnings and revenue, its stock was heading lower on soft guidance for the current quarter. The company reported…

Cloud

Autodesk’s stock jumps 9%+ on strong earnings results

By Maria Deutscher Aug 28, 2025

Shares of Autodesk Inc. jumped more than 9% in after-hours trading today after it posted second-quarter results that topped expectations across the board and it also raised its full-year guidance. Autodesk’s flagship product is an…

all stories

FriendliAI raises $20M in funding to accelerate AI inference workloads

Elon Musk’s xAI releases agentic coding model aimed at high speed and affordability

Walmart embraces agentic AI with major machine learning platform upgrade and developer ‘super agent’

The AI boom didn’t quite save Nvidia earnings, but enterprise software cashed in

Early leaders in the agentic AI race show agents are here to stay

Elastic’s stock jumps on impressive earnings and revenue beat

Marvell’s stock slumps on concerns over custom silicon, but long-term prospects look strong

Soft outlook weighs on Dell’s stock despite soaring AI server sales

Autodesk’s stock jumps 9%+ on strong earnings results

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