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Infra

AI chip demand propels Broadcom to another earnings beat, but its shares drop after-hours

By Mike Wheatley Jun 5, 2025

Red-hot chipmaking giant Broadcom Inc. narrowly beat earnings expectations for its second quarter today and also provided robust guidance for the curret quarter, but its stock cooled after-hours. The company reported earnings before certain…

AI

Anysphere raises $900M for its AI-powered Cursor code editor

By Maria Deutscher Jun 5, 2025

Confirming recent rumors, code editor startup Anysphere Inc. today announced that it has closed a $900 million funding round. OpenAI backer Thrive Capital led the raise. It was joined by several other institutional investors…

Cloud

Docusign shares fall on billings outlook despite strong earnings

By Duncan Riley Jun 5, 2025

Shares of Docusign Inc. plunged more than 17% in late trading today after the company lowered its billings forecast, despite otherwise strong results in its fiscal 2026 first quarter. For the quarter ended April…

Security

Rubrik delivers strong results on surging cloud and subscription revenue

By Duncan Riley Jun 5, 2025

Rubrik Inc. came in ahead of expectations for its fiscal 2026 first quarter today, but its stock rose less than a point in after-hours trading. For the quarter ended April 30, the data security…

Emerging Tech

Anduril raises $2.5B in funding to finance manufacturing initiatives

By Maria Deutscher Jun 5, 2025

Defense technology startup Anduril Industries Inc. today announced that it has raised $2.5 billion in new funding. Lead investor Founders Fund contributed $1 billion to the round. According to Anduril, a number of unnamed…

AI

TS Imagine’s trading platform receives AI makeover from Snowflake

By Devony Hof Jun 5, 2025

Generative artificial intelligence has become the new vanguard of customer service for companies handling sensitive data, especially in the financial sector. TS Imagine Inc., which offers a software-as-a-service platform for trading and risk management,…

Big Data

Collibra acquires Raito to enhance its data security capabilities

By Maria Deutscher Jun 5, 2025

Data management provider Collibra Inc. has acquired Raito BV, a startup that helps enterprises manage employee access to their business information. The companies announced the deal today without disclosing the financial terms. Raito, which…

Security

Surfing the AI wave with zero trust everywhere: Five takeaways from CEO Jay Chaudhry’s keynote at Zscaler’s Zenith Live

By Zeus Kerravala Jun 5, 2025

As zero-trust security vendor Zscaler Inc. held its user event, Zenith Live, this week in Las Vegas, Chief Executive Jay Chaudhry sought to shift the company’s traditional narrative. In his Tuesday keynote, rather than focus on Zscaler…

AI

Merkury connects the dots in ad data through AI-driven insights

By Devony Hof Jun 5, 2025

As artificial intelligence reshapes the advertising industry, data security and insight delivery have become mission-critical. At Merkle, a Dentsu company, Snowflake Inc.’s AI-powered data platform is helping marketers analyze customer motivations and behaviors without…

AI

Anthropic releases AI models exclusive to US national security customers

By Kyt Dotson Jun 5, 2025

Generative artificial intelligence startup Anthropic PBC today introduced a custom set of new AI models exclusively for U.S. national security customers. The company said the new models are already deployed “by agencies at the highest…

explore news

AI chip demand propels Broadcom to another earnings beat, but its shares drop after-hours

Anysphere raises $900M for its AI-powered Cursor code editor

Docusign shares fall on billings outlook despite strong earnings

Rubrik delivers strong results on surging cloud and subscription revenue

Anduril raises $2.5B in funding to finance manufacturing initiatives

Collibra acquires Raito to enhance its data security capabilities

Surfing the AI wave with zero trust everywhere: Five takeaways from CEO Jay Chaudhry’s keynote at Zscaler’s Zenith Live

Anthropic releases AI models exclusive to US national security customers

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