Intel reported third quarter earnings of 60 cents a share on revenue of $16.5 billion, up 21% from a year ago. Non-GAAP earnings were 52 cents a share.
Intel's non-GAAP earnings topped estimates by 12 cents a share. The company's data center business in the third quarter had revenue of $7.3 billion, up 78% from a year ago.
The company said fourth quarter revenue will be $15 billion to $16 billion with non-GAAP earnings of 25 cents a share.
DoorDash said it will buy Instacart for $17 billion. The companies said the merger will provide more choices, combine platforms and offer two memberships for the price of one. DoorDash will keep Instacart's brand, enterprise technology products and app.
Nvidia released Nemotron 3.5 Transcribe and Granary v2 on Hugging Face. Nemotron 3.5 is focused on multilingual transcription, speaker attribution, translation and audio Q&A. Granary v2 is an open data pipeline model with fine-tuning recipes to adapt it.
Anthropic said it has expanded its US GSA partnership to give federal, state and local governments on a 40% discount on Claude. The company said:
Amazon told its software developers that measuring tokens is a deeply flawed metric and that they should focus on being curious, getting close to the customer and delivering outcomes. The company said:
"We believe that it is best to measure, and be measured by, long-term outcomes. But these outcomes can be time delayed, difficult to measure, and hard to isolate from other trends. In some cases, we have tackled those problems by using input metrics instead, like token usage or adoption of AI tools, or throughput metrics like code changes and reviews. We are all aware of how deeply flawed these metrics are, primarily because they are disconnected from what matters. We know that using these metrics could, if used as a target instead of a measure, drive negative outcomes, increasing costs (tokenmaxxing is at odds with frugality), and increasing complexity (measuring LOC is at odds with invent and simplify). We believe that this community, with your strong ownership and focus on delivering results, will help us avoid these negative outcomes."
Google launched Genie 4, a new world model focused on simulation and realism. Genie 4 is anchored by Gemini Omni and other models in the Google family.
Karthik Krishnamurthy, CEO Ascendion, said engineer pay has to change to ensure that outcomes not outputs are delivered. At Constellation Research Connected Enterprise 2026, Krishnamurthy said firms want to be paid on outcomes but still pay staff for hours: 80–85% fixed base and 10–15% variable. He's proposing 50% base and 50% variable, plus profit sharing on each project.
"You got to start paying engineering people like salespeople: 50% base, 50% variable, and start to create a structure where you do profit sharing at a project level," he said.
OpenAI launched GPT-6.1 Terra and said it delivers more natural writing and can scale at computer use. Let's hope that a more natural writing model means humans can reclaim the em dash.
Microsoft was it is offering a new Voluntary Exit Officer to employees at level 70 and below. According to reports, the exit packages will be offered to about 60,000 employees.
DocuSign said its Intelligent Agreement Management (IAM) and signature offerings will be sold as SAP extensions and embedded into SAP Sales Cloud and SAP SuccessFactors. The move highlights how SaaS vendors are extending their platforms beyond their user interface. The DocuSign-powered offerings will be branded and sold by SAP.
Honeywell said it has launched Forge Plant Cognition, an industrial AI platform build with Nvidia's AI stack and Dell Technologies infrastructure. The system is deployed at Dangote's Lekki refinery in Nigeria.
Elon Musk said SpaceX closed $40 billion in GPU debt and said neoclouds are toast. This riff on X is what folks call talking your game. On Wall Street, there's an investor usually talking up shares held on TV or in the press. In Musk's case, SpaceX wants to be a neocloud killer and of course rent out the compute. it wouldn't be all that surprising if Musk manages to talk down the valuation of neoclouds and potentially buy one. Crazier things have happened.
