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04 Sept 2025

HPE Surpasses Revenue Expectations with Strong AI Server and Networking Demand

Hewlett Packard Enterprise (HPE) beats Q3 revenue estimates, driven by robust demand for AI-optimized servers and networking solutions. The company's strategic moves, including the Juniper Networks acquisition, position it well in the growing AI infrastructure market.

3 Sources

Figma's First Post-IPO Earnings Report Disappoints Investors Despite Revenue Growth

Figma's Q2 2025 earnings report shows 41% revenue growth, but falls short of investor expectations, leading to a 13% stock drop. The company focuses on AI integration and product expansion amid market challenges.

5 Sources

Broadcom Secures $10 Billion AI Chip Deal, Fueling Speculation of OpenAI Partnership

Broadcom announces a major AI chip order and forecasts strong revenue growth, sparking rumors of a partnership with OpenAI and boosting investor confidence in the company's AI strategy.

41 Sources

Mistral AI: Europe's AI Powerhouse Nears $14 Billion Valuation in Latest Funding Round

Mistral AI, a French startup challenging OpenAI, is reportedly finalizing a €2 billion investment that would value the company at $14 billion. This funding round solidifies Mistral's position as one of Europe's most valuable tech startups and a key player in the continent's AI strategy.

5 Sources

GitLab's Q2 FY2026 Results: Solid Growth Amidst AI Integration and Leadership Changes

GitLab reports strong Q2 FY2026 results with 29% revenue growth, but faces challenges with weak guidance and CFO departure. The company focuses on AI integration and strategic shifts in sales and product-led growth.

4 Sources

CoreWeave Acquires OpenPipe to Bolster AI Agent Training Capabilities

CoreWeave, a cloud infrastructure company specializing in AI workloads, has acquired OpenPipe, a startup focused on reinforcement learning for AI agent training. This move aims to enhance CoreWeave's AI platform and expand its services in the rapidly growing field of customized AI solutions.

3 Sources

SK hynix Pioneers High-NA EUV Technology: A Leap Forward in AI Memory Chip Production

SK hynix assembles the industry's first commercial High-NA EUV lithography system at its South Korean fab, positioning itself at the forefront of advanced memory chip production for AI and next-generation computing.

3 Sources

The Rise of Vibe Coding: AI's Impact on Software Engineering and Creativity

Explore how AI-assisted 'vibe coding' is transforming the role of software engineers, enhancing creativity, and reshaping the tech industry's approach to development and hiring.

2 Sources

Apple's Siri Upgrade: AI-Powered Search with Google Gemini Integration

Apple is reportedly planning to integrate an AI-powered search tool into Siri, potentially using Google's Gemini model, as part of a major upgrade expected in 2026.

21 Sources

Salesforce's AI Investments Fail to Impress as Q3 Revenue Forecast Falls Short

Salesforce's stock plummets as Q3 revenue forecast disappoints investors, raising questions about the company's AI strategy and its ability to monetize recent investments in the face of economic uncertainty.

25 Sources

xAI's CFO Mike Liberatore Departs Amid Executive Exodus at Elon Musk's AI Startup

Mike Liberatore, CFO of Elon Musk's AI company xAI, has left after just three months, marking the latest in a series of high-profile executive departures from the startup.

9 Sources

Federal Reserve to Host Payments Innovation Conference Exploring AI, Crypto, and Stablecoins

The Federal Reserve Board announces a conference on payments innovation, focusing on emerging technologies like AI, cryptocurrencies, and stablecoins in U.S. payment systems. The event, scheduled for October 21, aims to bring together regulators, academics, and industry participants to discuss the future of payments.

4 Sources

AI's Surging Energy Demand Sparks Data Center Efficiency Crisis

The rapid growth of AI is causing a significant increase in energy consumption by data centers, leading to concerns about sustainability and infrastructure capacity. This has sparked a global discussion on how to make data centers more efficient and resource-aware.

4 Sources

Scale AI Sues Rival Mercor Over Alleged Trade Secret Theft

Scale AI, a leading AI data-labeling firm, has filed a lawsuit against competitor Mercor and a former employee, Eugene Ling, alleging the misappropriation of confidential documents and trade secrets.

5 Sources

Starbucks Revolutionizes Inventory Management with AI Technology

Starbucks implements AI-powered inventory counting system across North American stores, aiming to improve efficiency and customer experience.

7 Sources

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