Larry Dignan

DocuSign handily beat expectations for the second quarter and said its intelligent agreement management platform is gaining traction. The company reported second quarter earnings of 40 cents a share on revenue of $875.7 million, up 9% from a year ago. Non-GAAP earnings were $1.16 a share.

Wall Street was expecting DocuSign to report non-GAAP earnings of $1.09 a share on revenue of $867.16 million,

The company said Intelligent Agreement Management (IAM) now represents 15% of revenue.

DocuSign raided its outlook for fiscal 2027. CEO Allan Thygesen said "our AI agents are now securely executing contract workflows end-to-end, and the IAM platform also ingested a record volume of agreements."

The company projected third quarter revenue of $886 million to $890 million, up 9%. For the fiscal year, DocuSign is projecting revenue of $3.499 billion to $3.507 billion.

Microsoft said it will report its earnings in two segments: Agents and Infra and Devices and Consumer. Here's the deck, but the big news is we'll see full metrics on Azure. To that end, Microsoft restated Azure's fiscal 2026 revenue, which checked in at $101.94 billion.

Nvidia said it will buy Hugging Face in a deal valued at $12.93 billion. Nvidia said the deal is to expand its developer ecosystem and improve Hugging Face's infrastructure.

The company said:

"Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want. NVIDIA compute will not be required to build on or deploy through Hugging Face.

Hugging Face will continue to support open source and open weight models from across the ecosystem, from every model builder. It will continue to support multi-cloud and multi-accelerator development and deployment, so builders can use the hardware and infrastructure that best fit their work."

Meta released Muse Spark 1.3 and said it improves coding and agentic tasks. Meta is also keeping its price the same as Spark 1.3. Meta CEO Mark Zuckerberg said the model has "frontier performance almost too cheap to meter." The company also said more powerful models are on deck. What'll be interesting is whether enterprises begin to see Spark as an option.

See more on LLM's price war.

Google said that it launched Gemini 3.8 Flash, its workhorse model that lands just six weeks after Gemini 3.7 Flash and carries the same pricing. The company also launched Gemini 3.8 Flash Cyber, a cybersecurity variant skilled at finding vulnerabilities and patching.

Adobe announced Adobe for Slack, which is available for Slack Business+ and Enterprise+ teams. The integration brings more than 70 pro-grade tools Firefly, Adobe Express, Photoshop, Premiere, Acrobat, InDesign, Illustrator, Stock and Lightroom directly into Slack.

VMware Explore featured a heavy dose of private AI deployments, wrangling AI agents and tokenomics. Here's the news announced this week from VMware.

• VMware Private AI Cloud
• VMware AI Factory
• VMware adds models to Private AI Cloud
• Broadcom launches AgentMinder

Deloitte said it has created the Open Model Engineering practice to help enterprises deploy open models for control, cost and sovereignty. Deloitte will hire forward deployed models to train and certify on open model deployments. Initially, the practice will focus on deploying Nvidia Nemotron models.

OpenAI's ChatGPT for Healthcare can now connect to Epic electronic health records and healthcare public data. The integration is a big win for OpenAI's healthcare industry ambitions. If you can't connect to Epic, you simply don't have much of a shot in healthcare.

Salesforce has invested $166 billion in AI-native HR software provider HiBob in a fund raise that included Farallon Capital Management. HiBob's platform focuses on "Organizational Intelligence for the AI era." In a blog post, HiBob CEO Ronni Zehavi said:

"Every organization is unique. Its people, capabilities, relationships, culture, structure, decisions, and ways of working are what make it different.

As AI becomes more capable and more deeply embedded in work, that uniqueness becomes an asset.

For years, workforce data helped companies manage their people. Its next role is bigger: helping companies understand what they are capable of, where their workforce can create the most value, and how people and AI can work together most effectively."

You've always wanted an AI toothbrush and live stream your flossing. Now Dyson is aiming to deliver with its CameraJet toothbrush, which uses Gap Optical Targeting, Dyson's AI models for oral care, to analyze 28 live images per second for your precision flossing. The system is trained on 470,000 dental images.

Perhaps this Dyson toothbrush is just more evidence of AI saturation.

The Federal Trade Commission and 22 states are suing Amazon alleging that its sponsored ads are inflating prices. The complain alleges that "for over seven years, Amazon has covertly and substantially increased the prices that more than one million brands and sellers were required to pay to advertise on its platform."

For its part, Amazon has called the lawsuit misguided and strongly disagrees.

The biggest takeaway here is that this lawsuit could be a stumbling block for Amazon's ad business, which is growing at a rapid clip and has great profit margins. Without delving into the lawsuit merits, what seems obvious is that there a bunch of pols that need to look like they’re doing something constructive vs inflation. Amazon makes a nice headline.