HPE Q2 solid due to AI demand, hybrid cloud
Hewlett Packard Enterprise delivered better-than-expected second quarter earnings as it saw strong demand for its AI servers and hybrid cloud.
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Hewlett Packard Enterprise delivered better-than-expected second quarter earnings as it saw strong demand for its AI servers and hybrid cloud.
CrowdStrike delivered mixed first quarter results and second quarter outlook.
The combination of launches at Summit 2025 highlight how Snowflake is expanding its lens for its platform ranging from analytics to data to AI. CEO Sridhar Ramaswamy said the company's revised mission statement is to "empower every enterprise to achieve its full potential through data and AI."
Ciroos raised $21 million to deliver an agentic AI teammate for AI, DevOps and operations teams to automate and cut incident response times by 90%. What's interesting about Ciroos is that it is looking to address gaps in observability and its approach wouldn't have been possible without agentic AI.
UKG said it has acquired Shiftboard, which provides employee scheduling software for oil and gas, energy and manufacturing companies.
Snowflake said it will acquire Crunchy Data, which provides open source Postgres technology, and launch Snowflake Postgres for its AI Data Cloud.
Pegasystems launched Pega Agentic Process Fabric, a service that aims to orchestrate AI agents and make them more reliable with process knowledge.
For HCLSoftware, HCL Unica+ represents an effort to future-proof the marketing stack. HCL said it has reimagined Unica+ to be AI first and meld intelligence, intention and data to add context and insights to what customers want.
Here’s a look at Hitachi Digital Services (HDS) and everything you need to know from its first annual US Analyst & Advisor Day, May 20–21, 2025, in Frisco, Texas.
For JPMorgan Chase, the investment in technology and AI will never reach the finish line. Think of transformation as an ongoing project.
Chief Operating Officer Jeff Clarke said the company saw strong AI demand. "We're experiencing unprecedented demand for our AI-optimized servers. We generated $12.1 billion in AI orders this quarter alone, surpassing the entirety of shipments in all of FY25 and leaving us with $14.4 billion in backlog," he said.