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AI & Enterprise
Cohere unveils North 2 enterprise AI agent platform with stronger orchestration, security and cost controls
Cohere unveiled North 2, a platform designed to run AI agents inside large organisations. The upgrade focuses on orchestration for multistep tasks and stronger controls over token spending. The company said enterprises often had to give up security, functionality or cost control when adopting AI agents, and it reflected large-scale operating experience across sectors including finance and the public sector. Administration tools also cover deployment and security settings.
AI & Enterprise
Marvell shares surge 241 percent in a year; CEO cites trust as key to AI chip success
Marvell Technology shares have surged 241 percent over the past year, with long-standing trust built with major technology companies cited as a key driver. CEO Matt Murphy said hyperscaler customers decide deals based on trust across the ecosystem, not only price or performance. Marvell expanded cooperation with Nvidia in March and signed a partnership with Google in August. FactSet expects data centre revenue to rise 60 percent in fiscal 2027 and 61 percent in fiscal 2028.
AI & Enterprise
Nvidia shares fall despite earnings surprise
Nvidia posted quarterly results that beat market expectations, with revenue of $96.2 billion for the quarter ended in July, exceeding analysts’ forecast of $92.3 billion compiled by FactSet. Net profit was $59.7 billion and earnings per share were $2.46, both well above estimates. Data centre revenue, including AI servers, totalled $89.0 billion. Despite the beat, shares fell about 1 percent in after-hours trade.
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AI & Enterprise
Datadog shares tumble despite quarterly results beating expectations
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AI & Enterprise
Corning shares fall 18 percent after earnings, leading slide in optics stocks
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AI & Enterprise
Jim Cramer says AI rally is not a bubble like the dotcom era
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Finance
SpaceX IPO creates billionaires beyond Elon Musk
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AI & Enterprise
Zscaler shares plunge more than 30 percent in a day after weaker guidance
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AI & Enterprise
Nvidia quarterly revenue jumps 85 percent, net profit more than triples
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Crypto
Winklevoss twins inject $100 million into Gemini; shares surge in after-hours trading
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Crypto
Gemini exchange sounds out sale of overseas unit as demand rises for Europe, UK licences
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AI & Enterprise
Engineering AI gains momentum, expanding into chip design and 3D modelling
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AI & Enterprise
Anthropic upgrades productivity AI Claude Cowork, targets enterprise market
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AI & Enterprise
AI fears spread, software and information services firms hit in stock market selloff
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AI & Enterprise
F5 posts first-quarter results as revenue and net profit rise
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AI & Enterprise
Linkalpha signs strategic partnership with FactSet to strengthen global market analysis
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AI & Enterprise
UBS says next tech race is quantum computing, led by IBM, Microsoft and Google