Search results for annual recurring revenue
AI & Enterprise
Veeam expands beyond backup into data, AI trust platform
Veeam, a data backup company, is expanding its business beyond backup and cyber resilience into a \"data and AI trust\" platform, Techzine reported, citing CEO Anand Eswaran (아난드 에스와란). Veeam bought Securiti AI late last year for $1.725 billion and launched its DataAI Command Platform. Eswaran said agentic AI requires new products and structures. He said firms run 82 autonomous AI agents per employee, with 97% holding excessive access.
Telecommunications & Media
Trump backtracks on Anthropic threat claims, keeps access curbs and federal ban
U.S. President Donald Trump said he no longer views Anthropic as a national security threat after meeting CEO Dario Amodei at a G7 summit, Cryptopolitan reported. Trump said it might have been different a week earlier and that he could invoke the Defense Production Act but saw no need. Existing restrictions remain, including Commerce Department approval for foreign access to two models and a Pentagon ban on federal agencies using Anthropic technology.
AI & Enterprise
Salesforce to buy AI customer agent startup Fin for $3.6 billion
Salesforce said on Sunday it will acquire AI customer agent startup Fin for $3.6 billion. Founded in 2011, Fin began as customer support software and shifted in 2023 with the launch of an AI agent that automatically responds to customer queries. Fin CEO Eoghan McCabe has said annual recurring revenue topped $400 million in March and that the AI agent Fin ARR grew 350 percent year on year to nearly $100 million.
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AI & Enterprise
AI costs rise, boosting startups that optimize AI spending
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AI & Enterprise
CrowdStrike CEO says AI boom a tailwind for cybersecurity, confident on full-year results
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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
Remote HR platform reaches $300 million ARR; payroll solution grows 300 percent
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AI & Enterprise
Alibaba says it has finished early-stage AI investment and enters full commercialisation
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AI & Enterprise
AI startup ecosystem deepens shift toward Anthropic and OpenAI
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AI & Enterprise
SAP invests in workflow automation tool n8n, to integrate into AI agent builder
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AI & Enterprise
China\'s Moonshot AI raises $2 billion at $20 billion valuation
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AI & Enterprise
Atlassian wins back record number of ITSM rival customers, steps up pressure on ServiceNow
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AI & Enterprise
Anthropic seeks funding at $900 billion valuation, topping OpenAI
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AI & Enterprise
Agentic AI economy changes rules of the game
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AI & Enterprise
AI startups face scrutiny over inflated annual recurring revenue figures
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Crypto
Bernstein sees prediction market reaching $1 trillion by 2030, driven by crypto, politics and economy
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AI & Enterprise
AI lock-in mechanism takes shape; watch the rise of \'state\'
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AI & Enterprise
Sierra CEO says click-based software to be replaced by natural-language AI agents