LLM giants need to build apps, ecosystems to go with the models
The race is on to put enterprise applications around large language models (LLMs) and the stakes couldn't be higher for the likes of OpenAI and Anthropic as well as other foundation model players.
HubSpot’s strategy: Use AI to deliver work, not software
HubSpot is betting that a series of new services, Data Hub, new Breeze Agents, Breeze Marketplace and Studio, CPQ in Commerce Hub and Loop, a playbook for inbound marketers, as well as a hefty dose of AI and contextual data will differentiate the company.
Broadcom delivers a strong Q3, cites custom AI chips, networking, VMware
Broadcom reported better-than-expected third quarter results and cited strong demand for custom AI accelerators, networking and VMware.
ServiceNow offers US government discounts as high as 70% on ITSM
ServiceNow will give the US government discounts as high as 70% off list prices for upgrades to its Information Technology Service Management (ITSM) Pro and ITSM Pro Plus bundle.
Quantinuum valued at $10 billion after $600 million venture round
Quantinuum raised $600 million in venture funding led by Nvidia's venture capital arm, Quanta Computer and QED for a valuation of $10 billion.
Atlassian buys The Browser Co. for $610 million
Atlassian said it will acquire the Browser Company of New York, which is the company behind the Dia and Arc browsers, in a $610 million bet that enterprises need secure browsers designed for SaaS and AI applications.
Salesforce heads into Dreamforce 2025: A look at the big themes
Salesforce is going to launch IT service management at Dreamforce 2025 as well as Agentforce 4, outline its take on the future of enterprise software and lay the groundwork to get from pilot to scale on agentic AI.
Salesforce Q2 solid, outlook light with expansion into ITSM on deck
Salesforce said more than 40% of Data Cloud and Agentforce bookings in the second quarter came from existing customers. Since Agentforce's launch, Salesforce has closed more than 12,500 deals and nearly half of them are paid.
Figma Q2 revenue growth hits 41%
CEO Dylan Field said Figma's record revenue in the second quarter was powered by the launch of four new products including Figma Make, Figma Draw, Figma Sites and Figma Buzz.
HPE reports strong Q3 with Juniper Networks in the fold
HPE, reporting earnings for the first time since it closed the acquisition of Juniper Networks, delivered better-than-expected fiscal third quarter results with a fourth quarter outlook that was a bit light.
C3 AI names new CEO, cuts outlook
C3 AI named Salesforce veteran Stephen Ehikian CEO. Ehikian was CEO of RelateIQ and Airkit.ai, two companies that were acquired by Salesforce. RelateIQ turned into Salesforce Einstein and Airkit became the precusor to Agentforce.