Glean Hits $300M ARR, Sells AI Cost Cuts
May 29, 2026: Glean Hits $300M ARR, Sells AI Cost Cuts - Glean, often called the Google for enterprise, has reached $300 million in annual recurring revenue, tripling from $100 million just 15 months ago. The seven-year-old startup is accelerating despite growing competition from Google, Microsoft, OpenAI, and others entering the enterprise AI search mark...
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...
Groq Seeks $650M After Nvidia's $20B Deal
May 29, 2026: Groq Seeks $650M After Nvidia's $20B Deal - AI chip startup Groq is raising $650 million from existing investors as it expands its inference cloud business, following a landmark $20 billion licensing deal with Nvidia in December. That agreement saw senior Groq employees depart to Nvidia and the licensing of Groq's hardware technology, while i...
CNN Sues Perplexity Over AI Copyright Theft
May 29, 2026: CNN Sues Perplexity Over AI Copyright Theft - CNN has filed a lawsuit against Perplexity AI in the Southern District of New York, alleging the company rewrote its journalism using AI without permission, infringing copyrights and trademarks. CNN called it stealing from content creators, while Perplexity countered that facts cannot be copyrighted...
Snowflake Commits $6B to AWS Through 2032
May 29, 2026: Snowflake Commits $6B to AWS Through 2032 - Snowflake has signed a $6 billion commitment with AWS running through 2032, signaling strong confidence in future demand for its cloud data platform. The deal reflects a broader trend among major tech players making massive long-term infrastructure bets. The agreement highlights where enterprise AI...
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...
Asana buys StackAI to power AI agent workflows
May 28, 2026: Asana buys StackAI to power AI agent workflows - Asana has acquired StackAI, a no-code platform for building AI agents, in a deal that extends Asana's ability to run automated workflows across enterprise systems including Salesforce, Oracle, DocuSign and AWS. Financial terms were not disclosed. StackAI founders Tony Rosinol and Bernard Aceituno, b...
Amazon Takes Over Apple's Globalstar Stake
May 28, 2026: Amazon Takes Over Apple's Globalstar Stake - Amazon is set to acquire Apple's 20% equity stake in satellite firm Globalstar as part of its $11.6 billion deal to purchase the company. A new Amazon subsidiary will take over the shares and voting rights Apple obtained through a $1.1 billion agreement in 2024. Despite the ownership change, Amazon...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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. ...
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