Visa said it will acquire BioCatch, which provides behavioral-first multi-signal fraud detection systems. BioCatch uses AI and machine learning to analyze keystrokes, touch gestures and device handling to help detect fraud.

Persistent Systems said first quarter revenue was up 16% from a year ago to $452.4 million. The company said it had record quarterly total contract value of $1.15 billion.

Alibaba released Qwen 3.8-Max and said it will also release the open weights behind the model. On benchmarks, Qwen 3.8-Max is competitive with frontier models and Moonshot's Kimi K3.

Rimini Street launched Rimini Govern for AI, a managed service designed to centralize control of agentic AI. Rimini Govern for AI monitors agent events and activities, enforces security, governance and compliance guardrails and measures business value.

In addition, the company reported second quarter earnings of $2.4 million, or 3 cents a share, on revenue of $111.1 million, up 6.7% from a year ago. Excluding revenue for Oracle's PeopleSoft products, Rimini Street's growth in the second quarter was 10%. The company is projecting third quarter revenue of $110 million to $112 million.

Rimini Street reiterated its 2026 revenue growth target of 4% to 6%.

Google launched Gemini Robotics ER2, a model designed to be a "high-level brain" for robots. The model enables robots to chat with humans, understand the physical world and plan tasks. Gemini Robotics ER2 is designed for multiple types of robots ranging from wheeled to humanoid.

Arm delivered a strong first quarter and promise for its AI CPU efforts. CEO Rene Haas said: "Demand now exceeds $2 billion as we continue to add new customers, including multiple customers in the U.S. and China, while the overall value of our pipeline has continued to strengthen. We're also working closely with our manufacturing and supply chain partners to expand capacity. Our confidence in achieving upside to our $1 billion opportunity for the Arm AGI CPU business has increased in the past 90 days."

IBM along with researchers at the University of Chicago, Qedma and Algorithmiq highlighted a series of computations that they claim showed quantum advantage with error correction. A trio of papers walk through the calculations and the research.

Qualcomm reported third quarter earnings of $2 billion, or $1.87 a share, on revenue of $9.95 billion, down 4% from a year ago. Non-GAAP earnings were $2.21 a share. The company said it executed well and managed through memory prices and tight supply. Qualcomm's non-GAAP earnings missed estimates by a penny a share.

The company also said that it has completed its acquisition of Modular. The company also inked a 10-year deal to be the silicon provider for BMW's digital cockpit and automated driving efforts.

Nate Baxter, the new CEO for Scotts Miracle-Gro Company, said he's planning to hire a new CIO and Chief Innovation Officer but won't fill the chief operating officer role. Speaking on Scotts Miracle-Gro's third quarter earnings call, Baxter said he's building out his team to drive transformation.

"I will be hiring a Chief Innovation Officer and a Chief Information Officer as we focus on increasing our investments in our brands, AI, automation, technology and data analytics. In parallel, we are undertaking a rigorous assessment of our talent to ensure we have the right people in the right roles for where we are going and to create a strong pipeline of future leaders."

Anand Birje, former CEO of Encora, will become Hitachi's CEO of Digital Engineering & AI Solutions within the Digital Systems & Services sector. Birje stepped down from Encora in April. Encora was acquired by Coforge.

Birje previously held multiple executive roles at HCL Technologies.

Bloom Energy passed the $1 billion quarterly revenue mark for the first time. The company reported second quarter earnings of 62 cents a share on revenue of $1.06 billion, up 165% from a year ago. CEO KR Sridhar said:

"Today, all the major US hyperscalers and over a dozen US neoclouds, AI labs, and colocation data center operators have validated and approved our power solutions for their AI factories."

Snowflake launched Cortex AI Gateway, which aims to govern AI agents and control consumption costs. Cortex AI Gateway, which is built on the acquisition of Natoma, orchestrates and governs Snowflake native agents as well as third party ones.