UiPath Returns to Profit, But Guidance Disappoints
May 29, 2026: UiPath Returns to Profit, But Guidance Disappoints - UiPath posted first-quarter revenue of $418.4 million, up 17% year-over-year and ahead of estimates, while swinging to a net profit of $22.5 million from a $22.6 million loss a year ago. CEO Daniel Dines credited growing adoption of the company's agentic AI products, with 16 of its top 20 deals incl...
AI Boom Sends Hardware and Memory Sales Soaring
May 29, 2026: AI Boom Sends Hardware and Memory Sales Soaring - AI demand is supercharging hardware sales across the board. Dell stock surged 33% after an 88% revenue jump driven by AI server sales, while Micron and SK Hynix both crossed $1 trillion in market cap. NetApp and HP also benefited, and Snowflake's stock jumped 36% on strong earnings and a major AWS d...
MeMo Boosts LLM Performance 26% Without Retraining
May 29, 2026: MeMo Boosts LLM Performance 26% Without Retraining - MeMo is a new framework that lets teams update large language models with fresh knowledge without costly retraining or complex retrieval pipelines. It works by encoding new information into a separate, smaller memory model that runs alongside the main LLM, supporting both open- and closed-source sys...
Google's AI Can't Even Spell Google
May 28, 2026: Google's AI Can't Even Spell Google - Google's AI Overviews are making embarrassing spelling errors, including misspelling the president's name, adding phantom letters to common words, and incorrectly counting letters. The feature also briefly displayed a chatbot system prompt as a dictionary definition before Google patched it. The ro...
Anthropic Launches Opus 4.8 With Dynamic Workflows Feature
May 28, 2026: Anthropic Launches Opus 4.8 With Dynamic Workflows Feature - Anthropic released Opus 4.8 on Thursday, just 41 days after Opus 4.7, an unusually fast upgrade cycle likely driven by user disappointment with the previous version and competitive pressure from OpenAI and Google. The model features improved handling of uncertain data, with testers noting it proacti...
Oculus Founders Launch Conversational AI App Sesame
May 28, 2026: Oculus Founders Launch Conversational AI App Sesame - Sesame, co-founded by Oculus veterans, has launched a public iOS app featuring four distinct AI agents: Maya, Miles, Simone, and Charlie. The app addresses the tension between speed and thoughtfulness in AI responses by running parallel searches while speaking, allowing agents to weave in new inform...
Utilidata Raises $40M to Boost Data Center Power
May 28, 2026: Utilidata Raises $40M to Boost Data Center Power - Utilidata has raised an additional $40 million from Renown Capital Partners and Keyframe Capital, extending its Series C round to over $100 million. The funding will accelerate adoption of Karman, a hardware module that installs in server racks to optimize existing power capacity rather than requiri...
CNN Sues Perplexity Over AI Content Theft
May 28, 2026: CNN Sues Perplexity Over AI Content Theft - CNN has filed a lawsuit against AI startup Perplexity in a New York court, alleging its tools generate verbatim copies of CNN's original reporting. The suit also claims Perplexity unlawfully provides users with content hidden behind CNN's subscription paywall. The legal action targets Perplexity's ...
Starburst launches AI platform to fix enterprise data chaos
May 28, 2026: Starburst launches AI platform to fix enterprise data chaos - Starburst Data has unveiled its Enterprise Intelligence Platform, combining federated query technology with a new semantic context layer, governance controls, and agentic AI capabilities. The platform lets organizations run AI workloads directly on distributed data without centralizing it, aiming to...
IBM, Red Hat Commit $5B to Open-Source Security
May 28, 2026: IBM, Red Hat Commit $5B to Open-Source Security - IBM and Red Hat have launched Project Lightwell, a $5 billion initiative backed by over 20,000 engineers aimed at securing open-source software across the enterprise ecosystem. The program uses AI to find vulnerabilities and backport patches to legacy versions, eliminating the need for costly applic...
Microsoft 365 Copilot Faster, Cleaner Than Before
May 28, 2026: Microsoft 365 Copilot Faster, Cleaner Than Before - Microsoft is rolling out a revamped Microsoft 365 Copilot featuring a cleaner design that the company claims loads twice as fast. The update is being deployed across desktop and mobile devices. The redesign also promises more reliable and structured responses that are easier to scan, according to M...
Leaked Renders Reveal Apple's ChatGPT Rival Plans
May 28, 2026: Leaked Renders Reveal Apple's ChatGPT Rival Plans - Bloomberg has published leaked renders of Apple's upcoming AI overhaul ahead of WWDC in June. The upgrade includes a redesigned Siri that emerges from the Dynamic Island, a revamped swipe-down search powered by Google's Gemini AI, and a new standalone Siri app to rival ChatGPT, Claude, and Gemini. ...
Modiqo Raises $3M to Fix Unreliable AI Agents
May 28, 2026: Modiqo Raises $3M to Fix Unreliable AI Agents - Agentic AI startup Modiqo has raised $3 million in pre-seed funding, co-led by Heavybit and Seligman Ventures, to address the unpredictable behavior of AI agents in production environments. The round also included participation from Irregular Expressions and angel investors. Modiqo's product, Rote,...
CoreWeave Launches Self-Improving AI Agents Platform
May 28, 2026: CoreWeave Launches Self-Improving AI Agents Platform - CoreWeave has unveiled a platform enabling enterprise AI agents to learn and improve autonomously using real-world data, bypassing the traditional slow cycle of testing and fine-tuning. The offering uses serverless reinforcement learning to post-train and fine-tune large language models for reliabil...
Anthropic Raises $65B, Launches Claude Opus 4.8
May 28, 2026: Anthropic Raises $65B, Launches Claude Opus 4.8 - Anthropic has raised $65 billion in new funding at a $965 billion valuation, surpassing OpenAI, while simultaneously launching Claude Opus 4.8. The new model shows significant coding improvements, scoring 74.2% on Terminal-Bench 2.1 and powering a new dynamic workflows feature in Claude Code. The fu...
Orchid Security Tackles AI Agent Identity Governance Gap
May 28, 2026: Orchid Security Tackles AI Agent Identity Governance Gap - Orchid Security has expanded its Identity Control Plane with three new tools to govern AI agents: Agentic Enrichment maps agents to their originating identities and permissions, Agentic Observability monitors access paths and delegation chains, and Agentic Guardrails enforces least privilege at runt...
Anthropic Nears $1T Valuation With $65B Round
May 28, 2026: Anthropic Nears $1T Valuation With $65B Round - Anthropic has raised $65 billion in a Series H round at a $965 billion post-money valuation, potentially its last private fundraising before an IPO. The round was co-led by Altimeter Capital, Sequoia Capital, and others, with strategic partners including Samsung, SK Hynix, and Micron also participat...
Mistral AI Targets $1.17B Revenue With Bold Expansion
May 28, 2026: Mistral AI Targets $1.17B Revenue With Bold Expansion - French AI startup Mistral AI used its first-ever conference in Paris to announce a major expansion into industrial manufacturing, a new inference data center near Paris, and a rebrand of its consumer assistant. CEO Arthur Mensch and co-founders outlined plans to become the go-to enterprise AI provid...
Dell and H2O.ai slash enterprise AI token costs
May 28, 2026: Dell and H2O.ai slash enterprise AI token costs - Dell Technologies and H2O.ai are partnering to address runaway token costs and data sovereignty concerns by shifting enterprises toward on-premises infrastructure and industry-specific vertical AI models. Dell has surpassed 5,000 AI factory deployments globally, with adoption led by financial servic...
Salesforce Beats Earnings But Weak Guidance Spooks Investors
May 28, 2026: Salesforce Beats Earnings But Weak Guidance Spooks Investors - Salesforce reported strong first-quarter results, with adjusted earnings per share of $3.88 crushing Wall Street's $3.12 forecast. Revenue rose 13% to $11.13 billion, while net income climbed to $2.11 billion from $1.54 billion a year earlier. Despite the beat, shares barely moved after hours. Weak...
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