Finance AI
Lenovo's AI Server Pipeline Hit $54bn. Its Reported Result Was a $609m Loss.
Best quarter in the company's history on adjusted numbers — revenue up 43%, AI revenue up 60% — with the reported line pointing the other way.
4d ago
#Enterprise AI
Finance AI
A $12bn Vehicle Is Buying Accounting Firms and Installing OpenAI. OpenAI Owns Part of It.
Thrive Holdings raised over $2bn from SoftBank, D1 and Altimeter. The circularity is the story: OpenAI's investor spun out a buyer that OpenAI then invested in.
5d ago
Legal AI
Harvey Is Not Raising $500m Yet. It Is Talking About It at $15.5bn.
Annual recurring revenue reached $350m, up from $190m in January. The plan for the money is a legal foundation model of its own.
Aug 9, 2026
Finance AI
One Rippling Engineer Spent $50,000 on AI in a Month. The Company Built a Meter.
Internal AI tooling reached 40% of the R&D headcount budget while growing 80% month over month. Token volume never fell — the bill did.
Aug 9, 2026
AI Agents
Atlassian's MCP Server Passed a Million Users. Its Growth Guidance Went Down.
Cloud revenue reaccelerated to 31% and the stock added 30%. FY2027 is guided to about 13% total growth, and there is still no AI revenue line.
Aug 9, 2026
AI Agents
HappyRobot Raised $150m at $1.2bn. Its Own Announcement Counts Hours Automated, Not Revenue.
The logistics agent company reached a unicorn valuation twenty months and three rounds after its Series A. The metrics it chose to publish are operational — 28,000 hours a month at one customer, 70% autonomous resolution — and not financial.
Aug 6, 2026
Finance AI
Palantir's US Commercial Revenue Grew 149%. Government Is Still the Bigger Half.
Revenue rose 93% to $1.935 billion and the company raised full-year guidance to about $8.15 billion. The headline growth rate belongs to the smaller of its two US businesses.
Aug 4, 2026
AI Agents
AWS Locked New Customers Out of Bedrock Agents and Called It a Naming Update
New accounts now get an HTTP 403. The model catalogue is frozen. The FAQ on the same page says no action is required.
Jul 31, 2026
Microsoft AI
A Hidden Instruction in a Word File Can Copy Itself Into the Next One
Håkon Måløy reported a cross-domain prompt injection to Microsoft on 6 March. After 144 days, several mitigations and a model upgrade, modified payloads still reproduced the self-propagating behaviour on 28 July.
Jul 30, 2026
AI Agents
Visa Cut 2,600 Jobs on the Day It Raised Its Outlook
A $563 million severance charge landed in the same release as 14% revenue growth. Visa's internal memo calls AI an accelerant of the change, not the reason for it.
Jul 29, 2026
AI Agents
The VA Buys AI Agents for Veterans Care at a $1.6 Billion Ceiling
The Department of Veterans Affairs signed what Salesforce calls an Agentic Enterprise License Agreement — the first time a US federal department has bought agentic AI department-wide rather than as a pilot.
Jul 25, 2026
AI Tools
IBM Misses on Both Lines as Mainframes Fall 42% — and AI Consulting Can't Fill the Gap Yet
A week after a pre-warning erased a quarter of its market value, IBM confirms the damage: revenue up just 1%, guidance cut, and generative AI now half of consulting signings but not yet enough.
Jul 23, 2026
AI Agents
OpenAI Launches Presence, an Enterprise Product for Agents That Already Answers Its Own Phones
The new offering packages guardrails, approved actions, simulations and a Codex-powered improvement loop — and OpenAI says it already resolves 75% of calls to its own support line without a human.
Jul 23, 2026
EU AI Act
The European Parliament Plans an In-House AI Hub Giving MEPs Access to OpenAI, Anthropic, Meta and Mistral
The institution behind the AI Act is standing up a controlled 'EPGenAI Hub' for lawmakers and staff — a multi-model gateway meant to curb 'AI slop' while keeping sensitive data off public chatbots.
Jul 20, 2026
AI Agents
ChinaSoft Signs a Token Revenue-Sharing Deal With Moonshot AI, and Its Shares Jump 23%
The Hong Kong-listed integrator will pair its AllMeta platform with Moonshot's Kimi models under a deal tied to AI inference-token consumption — a shift from project fees to usage-based revenue that sent the stock sharply higher.
Jul 20, 2026
AI Safety
Critical ServiceNow AI Platform Flaw Now Under Active Exploitation
Attackers are exploiting an unauthenticated remote-code-execution bug in the ServiceNow AI Platform that lets them escape the sandbox — on software underpinning workflows at roughly 85% of the Fortune 500.
Jul 20, 2026
AI Agents
SAP Ships Autonomous Business Agents in Its Q2 Release, With Named Customer Results
SAP's quarterly Business AI update moves several autonomous agents to general availability and cites concrete outcomes — a billing agent that cuts resolution time 75%, and expense automation 30% faster.
Jul 20, 2026
AI Agents
Ant Group Unveils Agentar 2.0 as China's Giants Race to Win Enterprise AI Agents
At WAIC, Ant, Tencent, Alibaba and Baidu each pushed agent platforms for business clients; Ant's 'commercial AI agent super factory' ships with 200 pre-built digital-expert templates.
Jul 19, 2026
Finance AI
Databricks Vaults to a $188 Billion Valuation in a Coatue-Led Round
The data-and-AI platform's new financing, expected to close this summer, lifts its valuation from $134 billion in February — a near-tripling in 19 months.
Jul 18, 2026
Finance AI
Anthropic, Blackstone and Hellman & Friedman Debut 'Ode,' Betting Services Beat Models
The unnamed joint venture announced in May now has a brand, a CEO and 100 engineers — and a chief executive who thinks deploying AI inside companies is a trillion-dollar business.
Jul 16, 2026
Microsoft AI
Microsoft Is Coaching Its Salespeople to Knock Down OpenAI and Anthropic, Bloomberg Reports
At an internal FY27 kickoff, executives reportedly told the sales force to attack rival AI products on cost, security and completeness — including a side-by-side deck arguing Anthropic's Claude runs slower and less accurately inside Microsoft's own Office apps.
Jul 16, 2026
Finance AI
TCS to Build an Army of Up to 8,900 'Forward-Deployed' AI Engineers
India's largest IT firm will turn 1–1.5% of its workforce into on-site AI-deployment engineers and is hunting AI and cybersecurity acquisitions — betting AI expands outsourcing rather than gutting it.
Jul 13, 2026
AI Agents
An AI Agent Startup Let Its Own Agent Run a $100 Million Fundraise
Lyzr says its agent 'SivaClaw' handled 130-plus investors, drafted memos and tracked which slides they lingered on — surfacing about $400 million of interest without a traditional roadshow.
Jul 10, 2026
Finance AI
HCLTech Wins $1.14 Billion AI Transformation Deal in Europe
The Indian IT firm landed a 5.5-year, net-new contract to run an 'AI-driven operating model' for a Fortune Global 50 client — a bull-case data point amid an 'AI deflation' scare.
Jul 6, 2026
Finance AI
Palantir's Karp Calls AI's Token Pricing a 'Wealth Tax'
In a combative CNBC interview, Alex Karp said enterprises pay for 'tokens that create no value' while AI labs harvest their data — as Palantir pitches an air-gapped alternative.
Jul 6, 2026
Microsoft AI
Microsoft Launches 'Frontier' Company to Embed AI Engineers Inside Customers
A $2.5 billion unit of about 6,000 people will sit inside enterprises to build and run their AI — Microsoft's bet that the hard part of AI is deployment, not the model.
Jul 6, 2026
AI Agents
Straiker Raises $64M to Secure Enterprise AI Agents
The agentic-security startup's Series A lands as its own research finds most attacks on AI agents lead to data theft or code execution.
Jul 4, 2026