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Intel names Tan CEO
Intel has its new CEO. Lip-Bu Tan, formerly CEO of Cadence Design Systems, will take over as CEO, effective March 18.
Adobe reports strong Q1, adds Firefly subscriptions
Adobe is using its platform to give creative professionals access to a variety of models. These AI features will include new Firefly web app subscriptions.
D-Wave claims quantum supremacy breakthrough, reports Q4
D-Wave Quantum said its quantum computer has outperformed a classical supercomputer in solving magnetic materials simulation problems and proves quantum computational supremacy.
ServiceNow Yokohama release ups AI agent game
ServiceNow launched its Yokohama release of its Now Platform including AI agent orchestration, analytics and a workflow data fabric that integrates apps, data warehouses and lakes, and a workspace and studio to design and integrate agents.
Rocket buys Redfin, pays $437.5 million per petabyte of data
On the surface, Rocket and Redfin can combine forces, improve its sales funnel and lower costs of real estate purchases. But you may want to look at the Rocket-Redfin deal through a data and AI lens.
Asana: AI-driven work orchestration promising, but CEO search, multiple transitions ahead
What Asana is talking about is going to be repeated by other SaaS vendors in the quarter ahead. Customers are growing cautious, agentic AI will be consumption based and enterprises will wrestle with visibility and vendors are going to see lumpiness ahead.
Oracle Q3 a miss, but backlog portends big revenue growth ahead
Oracle continued to put up strong cloud and infrastructure as a service revenue growth, but its third quarter results fell short of expectations. However, Oracle said its cloud backlog is pointing to revenue growth of about 15% in the new fiscal year that starts in June.
ServiceNow acquires Moveworks for $2.85 billion as it eyes CRM for agentic AI expansion
ServiceNow said it will acquire Moveworks in a deal valued at $2.85 billion in cash and stock. The purchase will give ServiceNow a front-end AI assistant and enterprise search tools to combine with its Now Platform.
Boomi launches AI Studio, makes its move on AI agent orchestration
The company is looking to address the reality that agentic AI has been largely confined to individual platforms. However, enterprises are rapidly scaling them. Boomi's bet with AI Studio is that enterprises will look for neutral vendors to create, govern and orchestrate AI agent
