Higgsfield Raises $400 Million at $5.4 Billion Valuation
AI video startup Higgsfield raised $400 million in Series B funding at a $5.4 billion valuation as annualized revenue reached approximately $700 million.
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Lovable Raises $400 Million at $13.3 Billion Valuation
AI coding startup Lovable raised $400 million at a $13.3 billion valuation as its annual recurring revenue approaches $600 million.
Bending Spoons to Acquire Airtable for $1.285 Billion After $11 Billion Valuation Peak
Bending Spoons has agreed to acquire Airtable for $1.285 billion in cash, buying the enterprise software company at a steep discount to its $11 billion valuation during the 2021 technology boom.
Palantir Shares Jump 16% as Commercial AI Revenue Delivers ‘Otherworldly’ Growth
By
Michael Foster
• 3 mins read
Palantir shares surged 16% after the company reported stronger-than-expected second-quarter results, driven by explosive U.S. commercial demand for AI software and rising interest in sovereign AI tools.
EPAM Shares Plunge 89% From Peak as AI Shift Reshapes IT Services Sector
By
Sophia Reynolds
• 1 min read
EPAM shares have dropped about 89% from their all-time high as slowing growth and AI-related concerns weigh on investor sentiment.
Thoma Bravo Loses $5 Billion on Medallia in One of Private Equity’s Biggest Failures
By
Emma Clarke
• 3 mins read
Thoma Bravo is handing Medallia to lenders, wiping out roughly $5 billion and marking one of the largest private equity losses ever.
Salesforce Acquires AI Startup Fin in $3.6 Billion Deal
By
Emma Clarke
• 2 mins read
Salesforce agreed to acquire AI software developer Fin for $3.6 billion, strengthening its position in the rapidly expanding market for enterprise artificial intelligence tools.
Snowflake Shares Jump 35% on AI Growth and Amazon Agreement
By
Sophia Reynolds
• 1 min read
Snowflake shares surged 35% after strong earnings and a $6 billion computing agreement with Amazon.
Anthropic Projects $10.9 Billion Quarter Amid Explosive AI Growth
By
Emma Clarke
• 1 min read
Anthropic projects $10.9 billion in Q2 revenue as enterprise demand for Claude AI drives rapid growth and profitability.
Microsoft Denies Lowering AI Sales Targets After Report of Missed Foundry Goals
By
Oleg Petrenko
• 3 mins read
Microsoft pushed back against a report claiming it reduced growth targets for its AI products, even as multiple sales teams reportedly missed aggressive goals for Azure’s Foundry platform.
Oracle
By
Emma Clarke
• 3 mins read
Oracle Corporation is an American technology company that develops database software, enterprise applications, cloud infrastructure, and industry-specific systems. Its portfolio includes Oracle Database, Fusion Cloud applications, NetSuite, Oracle Cloud Infrastructure, and healthcare technology acquired through Cerner.
Palo Alto Networks
By
Emma Clarke
• 3 mins read
Palo Alto Networks, Inc. is an American cybersecurity company that develops network, cloud, endpoint, identity, and security-operations products. It serves businesses, public institutions, and governments through software subscriptions, cloud services, support, and physical or virtual firewalls.
Oracle Forecasts Over $500 Billion in Cloud Booked Orders, Shares Soar
By
Oleg Petrenko
• 2 mins read
Oracle says its Oracle Cloud Infrastructure (OCI) booked revenue could top half a trillion dollars, driven by rising demand for cost-efficient AI cloud tools — its stock climbed 27%.