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Apps

Operating margin concerns push Autodesk stock down 9% after strong earnings results

By Duncan Riley Nov 26, 2024

Shares in Autodesk Inc. fell nearly 9% in late trading today on concerns about the computer-aided software design company’s operating margin, despite its reporting otherwise strong figures in its fiscal 2025 third quarter. For the…

Infra

Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers

By Mike Wheatley Nov 26, 2024

Weak guidance sent Dell Technologies Inc.‘s shares into a tailspin today, as the stock fell more than 10% in extended trading. The company is forecasting lower server sales, and blamed the shortfall on enterprise…

Cloud

PagerDuty exceeds forecasts with strong revenue growth and customer expansion

By Duncan Riley Nov 26, 2024

PagerDuty Inc. reported stronger-than-expected earnings and revenue in its fiscal 2025 third quarter as the application observability platform provider saw improving leading indicators across its business. For the quarter that ended on Oct. 31, PagerDuty…

AI

Inflection AI acquires automation startups BoostKPI and Jelled.ai

By Maria Deutscher Nov 26, 2024

Inflection AI Inc. has acquired BoostKPI Inc. and Jelled.ai Inc., two startups that sell artificial intelligence tools for enterprises. The company disclosed the deals today but didn’t disclose acquisition prices. Inflection AI launched in…

Security

CrowdStrike shares fall 5% after fourth-quarter outlook misses expectations

By Duncan Riley Nov 26, 2024

Shares in CrowdStrike Holdings Inc. fell nearly 5% in late trading today after the cybersecurity company reported solid fiscal 2025 third-quarter results but fell short of expectations with its fourth-quarter outlook. For the quarter that ended…

Cloud

From on-prem to Azure: Optimizing AI workloads with hybrid data solutions

By Sead Fadilpasic Nov 26, 2024

As artificial intelligence and high-performance computing workloads evolve, hybrid cloud data performance is becoming essential for enabling scalability and efficiency in modern infrastructures. This integration is driving seamless data movement, expanded capabilities and improved…

Cloud

Software testing provider Tricentis raises $1.33B at $4.5B valuation

By Maria Deutscher Nov 26, 2024

Tricentis Inc., a provider of tools that help developers more quickly test their software for bugs, today announced that it has raised $1.33 billion at a $4.5 billion valuation. Private equity firm GTCR led…

AI

New startup named /dev/agents led by Ex-Google, Meta tech leaders raises $56M for AI agents

By Kyt Dotson Nov 26, 2024

A new artificial intelligence startup co-founded by former Google LLC, Stripe Inc. and Meta Platforms Inc. executives named /dev/agents today announced it has raised $56 million in seed funding to build what it calls…

Infra

Intel secures up to $7.86B in CHIPS Act funding for fab projects

By Maria Deutscher Nov 26, 2024

Intel Corp. has won $7.86 billion in funding from the U.S. Commerce Department to upgrade its U.S. chip production infrastructure. The financing, which officials announced today, will be provided under the 2022 CHIPS and Science…

AI

AI-driven protein discovery platform Cradle raises $73M

By Kyt Dotson Nov 26, 2024

Cradle Bio B.V., a platform that accelerates the discovery of proteins using generative artificial intelligence models, announced today that it has raised $73 million to expand its lab and workforce. The company’s Series B…

the latest

Operating margin concerns push Autodesk stock down 9% after strong earnings results

Dell’s stock falls on weak guidance, as more customers hold off for next-gen AI servers

PagerDuty exceeds forecasts with strong revenue growth and customer expansion

Inflection AI acquires automation startups BoostKPI and Jelled.ai

Software testing provider Tricentis raises $1.33B at $4.5B valuation

New startup named /dev/agents led by Ex-Google, Meta tech leaders raises $56M for AI agents

Intel secures up to $7.86B in CHIPS Act funding for fab projects

AI-driven protein discovery platform Cradle raises $73M

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