HP reported better-than-expected second quarter earnings with earnings of 49 cents a share on revenue of $14.4 billion, up 9% from a year ago. Non-GAAP earnings were 86 cents a share. Consumer and commercial PC sales delivered double-digit growth.
AWS has been talking a lot about Trainium, but don't forget its CPU offering and Graviton. Snowflake just said it will spend $6 billion on AWS with a big chunk of that sum allocated to compute.
Nutanix said Nutanix Enterprise AI 2.7 is available and includes the Nutanix Agent Gateway, which is focused on controlling agent costs and governance. Nutanix Agent Gateway is a single OpenAI-compatible endpoint to govern cloud provider models as well as local models. It can deploy on any CNCF-certified Kubernetes distribution.
Nutanix Enterprise AI 2.7 includes:
3D printing company Stratasys said it acquired MarkForged, a subsidiary of Nano Dimension, in a deal valued at $42.5 million. MarkForged had $70 million in 2025 revenue. Stratasys said the purchase will give it a broad 3D printing software platform and Fused Filament Fabrication technology.
Stratasys is one of the larger companies in the 3D printing space, which hasn't taken off despite efforts to bring manufacturing back to the US. Stratasys recently reported a first quarter net loss of $23.8 million on revenue of $132.7 million.
Box reported better-than-expected first quarter results. The company reported first quarter earnings of 8 cents a share on revenue of $306 million, up 11% from a year ago. Non-GAAP earnings were 37 cents a share.
The non-GAAP earnings topped estimates by a penny a share.
For the second quarter, Box projected revenue of $319 million, up 9% from a year ago. Non-GAAP earnings will be 39 cents a share. For fiscal 2027, Box projected revenue of $1.28 billion, up 9% from a year ago. Non-GAAP earnings will be about $1.56 a share.
CVS's Aetna unit said its second generation Aetna Claims Assist Manager, an agentic AI claims advisor platform, has cut processing time by more than 20% for complex claims. The Aetna AI agent pulls together eligibility, coverage and data to resolve claims and recommend next-best actions.
The AI agent is part of CVS Health's AI-driven transformation.
Dropbox is getting a new CEO after 19 years. The company named Ashraf Alkarmi, who currently runs Drobox Core, as its new CEO. The company detailed the swap in an SEC filing.
Drew Houston has been CEO for the last 19 years and the company's start. Houston will become Executive Chairman. There will be a transition period where Houston and Alkarmi will be co-CEOs. Houston co0founded Dropbox when he was 24.
Alkarmi had previously held executive roles at Vimeo, Amazon and Meta. He joined Dropbox in 2024. Effective June 1, Alkarmi will get an annual salary of $825,000 per year ang be granted RSUs worth $12.66 million vested over four years.
First, the Pope Leo XIV whipped up 42,000 words on AI's impact on humanity and the big picture. Pope Leo XIV warned that AI can normalize an anti-human vision, concentrate power in the hands of few and reduce humans to mere cogs in a machine.
Pope Leo XIV also said AI could become a Biblical Tower of Babel, a top-down project that fails or rebuilding Jerusalem. "I ask everyone to abandon the construction of yet another Tower of Babel and to join forces in building up the common good, so that humanity will never lose its beauty," he said.
And the other read, via Esteban Kolsky, is by Han Lee, who compares the AI revolution and Mao revolution.
In a LinkedIn version of this story on AI inference costs and what to do to fix them, David Giambruno, a regular at Constellation Research conferences and an export on IT efficiency noted:
“From probabilistic to deterministic… move from token to code (easy). From high cost tokens to low cost , server-less agents. Only work when need. This combination has a mean reduction of 60%. have had as much as 98% token reduction.”
Giambruno then followed up with a hard example of how he has mixed and matched models to keep token costs in check. Bottom line: Inference costs can be managed with skill. Here are a few links that have included Giambruno.
Anthropic posted its Project Glasswing update covering how 50 partners are leveraging Mythos Preview to find more than 10,000 high- or critical-severity vulnerabilities. The limitation is how quickly the vulnerabilities can be verified, disclosed and patched.
The update is worth a read, but at a high level Anthropic is arguing for new cybersecurity workflows to patch systems faster. Mythos Preview has also found a bevy of issues with open source code.
In a graphic, here's the update.
Anthropic said it will expand its partners with the US and allied governments.
Spotify held its Investor Day this week and the news revolved around access to concert tickets and a deal with Universal Music so users can spin up AI covers. The company also said it will have a compounded annual growth rate in mid-teen percentages and gross margins between 35% to 40%. Spotify plans to reach 1 billion subscribers and $100 billion in revenue as a goal.
The recap is here, but there are a few nuances worth noting. Consider:
For Spotify, metadata, user behavior, creator tools and cultural context is the secret sauce. Gustav said AI isn't a cost layer but monetization opportunity.
Bottom line: The Spotify game is lifetime value of the customer.
Constellation Research's Liz Miller on a staff rant:
"Everyone wants to be AI native. And everyone wants to move up the stack. The ladder isn't strong enough to support everyone moving up the stack. It's going to tip over. And if I hear about a moat one more time..."
