Search results for Nikesh Arora
AI & Enterprise
Valarian raises $50 million to target sovereign AI market for defence system protection
London-based defence-focused AI infrastructure startup Valarian Technologies has raised $50 million in a Series A funding round to target the sovereign AI market. The investment was led by New Enterprise Associates, its first European defence tech startup deal, with participation from Lightbank, XTX Markets, Sequoia and LitVC. Valarian supplies AI infrastructure for sensitive government and regulated-industry computing environments and offers separate products for commercial clients and defence agencies.
AI & Enterprise
Big AI companies increasingly stress price competitiveness over performance
Price competitiveness is increasingly gaining weight in the global race for AI leadership, with major companies putting greater emphasis on costs alongside performance. OpenAI and SpaceXAI highlighted token efficiency for their latest models, while Meta set a lower price for a new coding and agent-focused model. Companies using AI are also calling for lower costs. The article also lists updates from Anthropic, Microsoft, AWS, Tencent and others.
AI & Enterprise
Palo Alto Networks shares fall 6 percent after Q3 earnings guidance disappoints investors
Palo Alto Networks shares fell 6 percent after its fiscal second-quarter results, despite posting earnings above expectations. Investors were disappointed after the company issued third-quarter earnings guidance of 78 to 80 cents per share, below the market estimate of 92 cents. Second-quarter revenue rose 15 percent to $2.6 billion and net profit increased to $432 million. The company also announced the acquisition of Israeli cybersecurity startup Koito.
