Oracle’s Upbeat Quarter Calms Investors
Oracle managed to calm some frayed nerves on Wall Street on Tuesday. The cloud and software firm, which has become a focal point for investors’ anxiety about AI-related spending, reported slightly b...
Microsoft Backs Anthropic’s Lawsuit Against Pentagon
Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft...
Oracle Cloud-Server Revenue Rises 84%, Boosting Shares 8%
Oracle shares rose 8% in after-hours trading Tuesday after the firm posted strong cloud-server rental growth in the February fiscal quarter, line with its earlier projections. It also raised its proj...
Google to Provide Agent Builder to Pentagon for Unclassified Work
Google is providing its Gemini “Agent Designer” to the Department of Defense for unclassified work, Google announced on Tuesday. The feature, which will be part of the Pentagon’s AI platform Gen...
Microsoft Doubles Down on Seat-Based Pricing For AI
Microsoft appears to be betting that its tried-and-true subscription pricing model for software is here to stay, even in the era of AI agents that run 24/7, and that customers will be OK with ever-hig...
Amazon Wins Court Order Blocking Perplexity From Its Retail Site
A judge ordered Perplexity to temporarily stop accessing Amazon’s website, a victory in the e-commerce giant’s lawsuit against the AI search startup. Amazon sued Perplexity in November, arguing Pe...
Meta Hires Moltbook Creators
Meta Platforms hired the creators of Moltbook, a social network designed for AI agents, Matt Schlicht and Ben Parr, who will join its AI division, Meta Superintelligence Labs (MSL), the company said. ...