India's auto classifieds platform CarTrade reported a net profit of ₹6.6 billion in Q2 of FY27, up 3% year-on-year, while revenue grew 10% to ₹21.31 billion, a record high. OLX India's revenue rose 26% year-on-year to ₹7.02 billion, with EBITDA up 36%. In the quarter, CarTrade launched an AI assistant for new car purchases and rolled out the VAYA Live intelligence platform for OEMs and dealers.
ServiceNow's Q3 revenue grew 20.5% year-over-year to $4.11 billion, beating market expectations by $20 million, but adjusted earnings per share of $1 fell short of analysts' expected $1.02, and shares fell 18% after hours. Net new ACV from AI products grew 65% year-over-year, and the company raised its full-year AI ACV forecast to $1.7 billion, up 70% from January. Q4 revenue guidance is $4.25 billion to $4.26 billion, still below analysts' expected $4.36 billion.
Microsoft's revenue in the first quarter of fiscal year 2027 grew 19% year over year to $92.28 billion, with earnings per share of $4.89, both exceeding Wall Street expectations, and the stock rose about 4% after hours. For the first time, the company separately disclosed Azure revenue of $33.17 billion, up more than 48% year over year, and changed its financial reporting to two major segments, Agents and Infra and Devices and Consumer, with the former generating $76.8 billion in revenue, up 25%. Capital expenditures and finance leases totaled $45.2 billion this quarter, of which CFO Amy Hood said about 75% was invested in short-lived assets such as GPUs and CPUs, and she expects Azure to grow 49% to 50% in constant currency in the second fiscal quarter.
Microsoft's revenue in the first quarter of fiscal year 2027 grew 19% year over year to $92.28 billion, with earnings per share of $4.89, both exceeding Wall Street expectations, and the stock rose about 4% after hours. For the first time, the company separately disclosed Azure revenue of $33.17 billion, up more than 48% year over year, and changed its financial reporting to two major segments, Agents and Infra and Devices and Consumer, with the former generating $76.8 billion in revenue, up 25%
Samsung Electronics confirmed third-quarter operating profit of 107.44 trillion won (about $80.5 billion), a record quarterly profit for the tech industry, with revenue of 195.25 trillion won, up 127% year over year. Profit came mainly from the Device Solutions division responsible for the semiconductor business, which posted revenue of 147.1 trillion won and operating profit of 106.5 trillion won. Samsung expects the global memory chip shortage to deepen in fiscal 2027, and its smartphone business posted an operating loss of 0.6 trillion won for the quarter due to rising memory costs.
Samsung Electronics confirmed third-quarter operating profit of 107.44 trillion won (about $80.5 billion), a record quarterly profit for the tech industry, with revenue of 195.25 trillion won, up 127% year over year. Profit came mainly from the Device Solutions division responsible for the semiconductor business, which posted revenue of 147.1 trillion won and operating profit of 106.5 trillion won. Samsung expects the global memory chip shortage to deepen in fiscal 2027, and its smartphone busin
Crux Labs has officially launched and completed a funding round of over $6 million, led by Benchstrength and Misneach, with participation from Analog Ventures and Pareto Holdings. Its platform uses its own agents as evaluators, calibrating employees' expert judgment across millions of interactions, so teams avoid reviewing only a sample of the top 1% of traces. The company says it has already made progress with high-growth startups and Fortune 500 enterprises in industries such as healthcare, cybersecurity, and financial services.
Crux Labs has officially launched and completed a funding round of over $6 million, led by Benchstrength and Misneach, with participation from Analog Ventures and Pareto Holdings. Its platform uses its own agents as evaluators, calibrating employees' expert judgment across millions of interactions, so teams avoid reviewing only a sample of the top 1% of traces. The company says it has already made progress with high-growth startups and Fortune 500 enterprises in industries such as healthcare, cy
SecurityScorecard has released an open-source benchmark, TPRM Benchmark, for testing whether AI models can handle third-party risk management tasks and whether they can withstand attacks such as prompt injection and jailbreaking. The capability tests are based on its own vendor risk telemetry data, with protected answers and rotating inputs; models receive autonomy levels from L0 to L4 based on repeated trial results. The attack resistance tests are conducted separately in the Model Security suite and are rated from A to F. Public version 2026.09 is now available for download, and participants can submit results to a public leaderboard; official expert-verified scores must be obtained through its internal tiers.
SecurityScorecard has released an open-source benchmark, TPRM Benchmark, for testing whether AI models can handle third-party risk management tasks and whether they can withstand attacks such as prompt injection and jailbreaking. The capability tests are based on its own vendor risk telemetry data, with protected answers and rotating inputs; models receive autonomy levels from L0 to L4 based on repeated trial results. The attack resistance tests are conducted separately in the Model Security sui
Mistral AI announced that it is opening the weights of its frontier model Mistral Large 4 (codename Le Chonk), which has 1 trillion parameters with 52 billion active parameters and native multimodal support. ML4 was trained in a European data center on 3,800 Nvidia Grace Blackwell GPUs, improving from 28% to 41% on Terminal-Bench 4.0, tying GLM-5.3 for the best coding-agent score while using an average of 47% fewer tokens per task. Open weights mean enterprises can deploy it on their own hardware and behind their firewalls, and the model offers three reasoning modes: low, medium, and high.
Mistral AI announced that it is opening the weights of its frontier model Mistral Large 4 (codename Le Chonk), which has 1 trillion parameters with 52 billion active parameters and native multimodal support. ML4 was trained in a European data center on 3,800 Nvidia Grace Blackwell GPUs, improving from 28% to 41% on Terminal-Bench 4.0, tying GLM-5.3 for the best coding-agent score while using an average of 47% fewer tokens per task. Open weights mean enterprises can deploy it on their own hardwar
Intuit has launched a free course, Accounting Futures, combining AI application modules with training in durable skills such as communication, problem-solving, and judgment to help students adapt to advisory-oriented accounting roles. Students practice judgment through QuickBooks case studies based on real firm scenarios and can take part in paid micro-internships lasting a minimum of 10 hours; Intuit has also newly established Intuit Industry Advisors to strengthen its ties with the profession. David Zasada, Intuit's Vice President of Education and Corporate Engagement, said that as AI takes over repetitive tasks, client advisory roles are growing and pay more than entry-level positions.
Intuit has launched a free course, Accounting Futures, combining AI application modules with training in durable skills such as communication, problem-solving, and judgment to help students adapt to advisory-oriented accounting roles. Students practice judgment through QuickBooks case studies based on real firm scenarios and can take part in paid micro-internships lasting a minimum of 10 hours; Intuit has also newly established Intuit Industry Advisors to strengthen its ties with the profession.
AI-driven lab robotics company Opentrons has closed a $40 million Series E funding round, led by Avego with participation from BroadOak Capital Partners, with the funds to be used to expand its robotics, software, and data infrastructure. Its two benchtop robots, Flex and OT-2, can automate experimental operations such as pipetting, DNA extraction, PCR, and protein purification. The company says it has deployed more than 11,000 robots in over 80 countries, covering 90% of the world's top 20 pharmaceutical companies.
AI-driven lab robotics company Opentrons has closed a $40 million Series E funding round, led by Avego with participation from BroadOak Capital Partners, with the funds to be used to expand its robotics, software, and data infrastructure. Its two benchtop robots, Flex and OT-2, can automate experimental operations such as pipetting, DNA extraction, PCR, and protein purification. The company says it has deployed more than 11,000 robots in over 80 countries, covering 90% of the world's top 20 phar
Vast Data and Cloudera announced a partnership at EVOLVE26 to help enterprises build AI factories on a unified data foundation. The Vast platform lets applications access the same files through different storage protocols, reducing data copies and preventing expensive GPUs from waiting on data; Cloudera, meanwhile, is expanding its AI ecosystem and simplifying deployment through Anywhere Cloud data services and joint engineering blueprints.
Dixie McCurley, Intuit's resident managing partner, said at Intuit Connect that continuous close—closing the books daily rather than weeks after month-end—is becoming possible as AI shortens the lag between transactions and advice, allowing accountants to move from passive year-end adjustments to providing daily counsel. Intuit has launched Intuit Accountant Suite for accounting firms handling hundreds to thousands of client ledgers. McCurley stressed that numerical accuracy is the foremost test, and said efficiency is merely the baseline threshold, with AI set to unleash right-brain creativity.
Dixie McCurley, Intuit's resident managing partner, said at Intuit Connect that continuous close—closing the books daily rather than weeks after month-end—is becoming possible as AI shortens the lag between transactions and advice, allowing accountants to move from passive year-end adjustments to providing daily counsel. Intuit has launched Intuit Accountant Suite for accounting firms handling hundreds to thousands of client ledgers. McCurley stressed that numerical accuracy is the foremost test
The Motion Picture Association (MPA) legal operations team uses the CRM module on monday.com's AI work platform to manage piracy investigations and content protection cases across Asia-Pacific, Europe, Latin America, Canada, and the United States. A newly added AI agent handles initial triage of Trusted Partner Network security alerts, and was built by legal operations administrator Melisa King herself without any coding background. King said the module has shifted each region from working in silos to collaborating, and lets members view case progress in real time.
The Motion Picture Association (MPA) legal operations team uses the CRM module on monday.com's AI work platform to manage piracy investigations and content protection cases across Asia-Pacific, Europe, Latin America, Canada, and the United States. A newly added AI agent handles initial triage of Trusted Partner Network security alerts, and was built by legal operations administrator Melisa King herself without any coding background. King said the module has shifted each region from working in si
AMD's Jeremy Girven said at EVOLVE26 that enterprises deploying AI should rationally configure infrastructure according to business needs: if end users can accept a 30-second response, cheaper hardware can be chosen; if instant response is required, more cutting-edge hardware is needed. AMD's collaboration with Cloudera includes continuously validating the compatibility of AMD products in Cloudera deployments, and current AI solutions remain highly customized. Girven also reminded enterprises to continuously monitor utilization and adjust capacity after deployment, while watching out for hidden costs such as network egress fees.
AMD's Jeremy Girven said at EVOLVE26 that enterprises deploying AI should rationally configure infrastructure according to business needs: if end users can accept a 30-second response, cheaper hardware can be chosen; if instant response is required, more cutting-edge hardware is needed. AMD's collaboration with Cloudera includes continuously validating the compatibility of AMD products in Cloudera deployments, and current AI solutions remain highly customized. Girven also reminded enterprises to
Fortinet has released the FortiGuard Inline AI Security Service, which through a cloud subscription enables FortiGate firewalls to inspect prompts, model responses, and MCP tool traffic in real time; the underlying engine is FortiAIGate, which integrates Virtue AI technology. The service can detect 35 categories of personally identifiable information and confidential data and supports alerting, blocking, or redaction, and also supports setting model permissions, budgets, and rate limits by organization, workspace, project, or user.
Fortinet has released the FortiGuard Inline AI Security Service, which through a cloud subscription enables FortiGate firewalls to inspect prompts, model responses, and MCP tool traffic in real time; the underlying engine is FortiAIGate, which integrates Virtue AI technology. The service can detect 35 categories of personally identifiable information and confidential data and supports alerting, blocking, or redaction, and also supports setting model permissions, budgets, and rate limits by organ
Cloudera has entered into a partnership with Mistral AI, combining Cloudera's enterprise data foundation with Mistral's customizable models. The model lineup includes Mistral Large 4, and the two companies' joint engineering team helps customers select models and infrastructure based on their use cases. Marjorie Janiewicz, Chief Revenue Officer of Mistral AI, said enterprises need to control where models are deployed and truly own the models, so they can maintain business continuity if a vendor discontinues service. Demand for open-weight models is growing in finance, the public sector, and manufacturing, and customizing models with proprietary data can help enterprises develop new solutions based on their existing intellectual property.
Cloudera has entered into a partnership with Mistral AI, combining Cloudera's enterprise data foundation with Mistral's customizable models. The model lineup includes Mistral Large 4, and the two companies' joint engineering team helps customers select models and infrastructure based on their use cases. Marjorie Janiewicz, Chief Revenue Officer of Mistral AI, said enterprises need to control where models are deployed and truly own the models, so they can maintain business continuity if a vendor
HPE replaced executive status reporting with no-code apps on monday.com's AI work platform, compressing what was originally a weekly project review meeting into a monthly one. Kate Kenner, head of its strategic sourcing and planning capability community, said the first IT ticketing app was built in 24 hours; she then shifted to teaching colleagues to build their own processes, and used monday vibe to build an executive dashboard that can be exported to PowerPoint. HPE also allocates AI quotas by group, trains before opening access, and has configured an AI agent to pull live attendance data from Teams weekly, categorize it by organization and region, and flag those missing from HR records.
HPE replaced executive status reporting with no-code apps on monday.com's AI work platform, compressing what was originally a weekly project review meeting into a monthly one. Kate Kenner, head of its strategic sourcing and planning capability community, said the first IT ticketing app was built in 24 hours; she then shifted to teaching colleagues to build their own processes, and used monday vibe to build an executive dashboard that can be exported to PowerPoint. HPE also allocates AI quotas by
Wabi has closed a $55 million seed round led by IVP, with participation from Amazon Alexa Fund, Andreessen Horowitz and Forerunner, at a valuation of $1.25 billion. Its AI assistant uses group chat as its core interface, can recommend restaurants based on the conversation, generate a personal budget through Plaid and remind users to cancel unused subscriptions, and also lets users create simple apps and 2D mini-games with vibe coding. The service is already available on Mac, iOS and Android, with a Windows app planned next.
Wabi has closed a $55 million seed round led by IVP, with participation from Amazon Alexa Fund, Andreessen Horowitz and Forerunner, at a valuation of $1.25 billion. Its AI assistant uses group chat as its core interface, can recommend restaurants based on the conversation, generate a personal budget through Plaid and remind users to cancel unused subscriptions, and also lets users create simple apps and 2D mini-games with vibe coding. The service is already available on Mac, iOS and Android, wit
At EVOLVE26, Cloudera centered its AI strategy on deployment flexibility, with Anywhere Cloud covering on-premises, private cloud, public cloud, and hybrid environments. Through modular products, the company lets customers selectively patch and upgrade components, avoiding rip-and-replace wholesale upgrades and enabling gradual migration to AI. Cloudera is also expanding its ecosystem through selective partnerships to fill expertise gaps beyond its platform.
The New York Times, citing people familiar with the matter, reported that Nvidia CEO Jensen Huang has been caught up in a Chinese intelligence operation involving Alice Huang (Huang Le), an executive at Singapore-based data center operator Megaspeed, whom the U.S. side believes to be a Chinese intelligence officer. The report said she built a close relationship with Huang and, a year later, facilitated Megaspeed's purchase of about $2 billion in GPUs from Nvidia, with the chips flowing to data centers in Malaysia and Indonesia that are suspected of serving Chinese customers. About two years ago, the U.S. Commerce Department found GPUs at a Megaspeed data center in Malaysia that had not been installed in racks and were still in their boxes, and subsequently launched an investigation; the Justice Department took over the case this year, and intelligence agencies placed Alice Huang under electronic surveillance. Nvidia responded that meeting with customers is part of the CEO's daily work and that allegations of transshipment against cloud service providers in the region were thoroughly investigated and rejected last year.
The New York Times, citing people familiar with the matter, reported that Nvidia CEO Jensen Huang has been caught up in a Chinese intelligence operation involving Alice Huang (Huang Le), an executive at Singapore-based data center operator Megaspeed, whom the U.S. side believes to be a Chinese intelligence officer. The report said she built a close relationship with Huang and, a year later, facilitated Megaspeed's purchase of about $2 billion in GPUs from Nvidia, with the chips flowing to data c
Amazon's third-quarter revenue of $201.94 billion and earnings per share of $1.89 both fell short of Wall Street expectations, sending the stock down more than 7% in after-hours trading, with free cash flow at negative $42.4 billion. AWS revenue grew 39% year-over-year to $45.98 billion, slightly beating expectations, and CEO Jassy expects growth to exceed 40% next year. The company reiterated full-year capital expenditures of $220 billion, with third-quarter capital expenditures reaching $77.3 billion, far exceeding the market expectation of $58.7 billion.
Amazon's third-quarter revenue of $201.94 billion and earnings per share of $1.89 both fell short of Wall Street expectations, sending the stock down more than 7% in after-hours trading, with free cash flow at negative $42.4 billion. AWS revenue grew 39% year-over-year to $45.98 billion, slightly beating expectations, and CEO Jassy expects growth to exceed 40% next year. The company reiterated full-year capital expenditures of $220 billion, with third-quarter capital expenditures reaching $77.3