Salesforce stock rose more than 13% in after-hours trading Wednesday after the enterprise software giant reported 11% growth in July quarter earnings and boosted its full year revenue guidance to as high as $46.4 billion from $46.2 billion, meaning revenue could increase as much as 12% in Salesforce’s fiscal year ending next January from the previous year. Salesforce’s July quarter results

Investors have been hunting for anything but AI. That search has sent bursts of billions of dollars into typically ho-hum parts of the market like insurers and small-cap stocks, where they can have an outsize impact.One place that trade is showing up is in an index Goldman Sachs launched in ...

Shares of Datadog rose as much as 5% Wednesday morning after The Information reported that Palo Alto Networks explored an acquisition of the data software company last year. Palo Alto Networks CEO Nikesh Arora met with Datadog CEO Olivier Pomel and pitched him on a hypothetical acquisition of Datadog last spring, The Information reported. Datadog was publicly-valued at $40 billion around

Meta Platforms agreed to pay up to $18 billion to help settle a lawsuit filed by states alleging Meta’s social media apps harmed children, bringing a costly conclusion to one of the biggest legal threats facing the social media giant. Under the proposed settlement, which requires a judge’s approval, Meta agreed to a series of changes to its Instagram platform and other services, including

Chinese AI developer MiniMax said its annualized revenue run rate jumped to $800 million this month, from $150 million in February, thanks to demand from enterprise customers for its new AI video model and large language models. The growth reflects an ongoing shift in the Shanghai-based company’s business model. MiniMax, which a year ago generated the majority of its revenue from consumer

Palo Alto Networks CEO Nikesh Arora has never shied away from deals, acquiring more than 40 companies in the eight years since he took the helm of the world’s biggest standalone cybersecurity firm. But over the past 18 months, Arora’s appetite for acquisitions has reached a new fever pitch as he ...

DeepSeek generated about 475 million yuan ($70.7 million) in revenue in the first seven months of this year, roughly tenfold its full-year 2025 revenue, as the Chinese AI lab goes full steam ahead in its second round of funding, The Information reported on Wednesday. DeepSeek recorded a net loss of about 715 million yuan between January and July, compared to 935 million yuan for the entire

DeepSeek generated about 475 million yuan ($70.7 million) in revenue in the first seven months of this year, roughly tenfold its full-year 2025 revenue, as the Chinese AI lab goes full steam ahead in its second round of funding, according to two people with knowledge of the company’s financial ...

OpenAI recruited heavily from Salesforce to sell its AI to the big businesses. Now, some sales people are returning to Salesforce, deepening the shake-up in OpenAI’s enterprise sales team. Peter Doolan, the former chief customer officer of Slack who joined OpenAI in April, has signed an offer to return to Salesforce, according to a person with direct knowledge of the matter. Last week,

Exactly who at OpenAI decided to name the company’s first internally designed chip Jalapeño? That might have seemed like a good idea a few months ago—perhaps OpenAI imagined that name would serve as a subtle indicator that the chip is a hot property. But it’s not ideal right now, when the Food ...

A cluster of startups taking on database giants Snowflake, Databricks and Datadog are experiencing a revenue windfall thanks to rising adoption of AI agents. That could lead to a wave of startup dealmaking, from new investments to M&A.Earlier Tuesday, I reported that ClickHouse’s annual ...

The rise of AI agents that automate coding projects and other white-collar tasks has prompted software firms such as Atlassian to offer so-called knowledge graphs or graph databases, which help the AI analyze the relationships between different types of data inside an organization. Software ...

When The Information broke the news that OpenRouter was in talks to sell the company last month, a shock wave rippled across Silicon Valley. My phone lit up with bankers asking me if I had also heard that there had been a record nine suitors for the company, which helps customers switch between ...

SpaceX announced on Tuesday plans to build a $100 billion launch site for its Starship rocket on the coast of Louisiana. SpaceX plans to begin construction of the site, which the company has named “Starbase, Louisiana,” in 2027 and is targeting 2029 for the first Starship launch from the site. The company said the site will be built to support thousands of launches per year and Elon Musk

Greetings!AI payments are getting complicated fast—spurring the development of new billing technology.Providers of payments and corporate expense services built big businesses helping companies process bills and track and control major costs like travel and software subscriptions. Now, as ...

A streaming service called CuriosityStream, which offers documentaries on ancient Egypt, the Persian Gulf and other topics, was nearly delisted by the Nasdaq Stock Market three years ago. Squeezed by a post-pandemic glut of online streaming services, its revenue dove 27% in 2023 to a ...

Excitement for artificial intelligence agents is benefitting businesses whose software manages and monitors the databases that the AI bots use to accomplish their tasks. ClickHouse, which sells a kind of database that can quickly analyze large volumes of data, such as website visitor activity, ...

LayerZero, a blockchain infrastructure startup that counts Citadel Securities, DTCC, and Intercontinental Exchange among its partners, said it’s launching a new blockchain-based exchange targeting financial institutions this fall. Unlike major crypto exchanges, LayerZero’s new exchange, called ATLAS, will not have a consumer-facing application and will instead serve as the underlying exchange

Here’s a thought about Nvidia’s future: All the equity stakes it’s accumulating in AI companies—including, as we reported on Sunday, an expanded stake in Perplexity—could become more useful in ways other than simply guaranteeing demand for its chips. Over time the stakes could end up being worth ...

Alabama Attorney General Steve Marshall launched an investigation into OpenAI’s practices related to its AI models’ recent cyberattack against Hugging Face. The investigation is examining whether OpenAI’s “inability or unwillingness to ensure the safety of its products” violates the state’s consumer-protection laws and poses an ongoing risk of substantial harm to its citizens, Marshall’s