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Salesforce signed a definitive agreement to buy Cresta, a nine-year-old maker of AI contact-center automation software; The Information reports the price at $2.7 billion.
Sources: institutional investors told Anthropic that its IPO valuation should be around $1.5T to $1.6T, down from estimates of $2T, citing a tech stock selloff — Institutional investors who plan to buy shares in IPO show concern following a selloff in tech stocks
US commercial revenue rose 148% to $984M and topped US government revenue ($953M) for the first time.
OpenAI will pilot the program at an upcoming data center in Effingham County, Georgia, promising to free up to 1,000 megawatts during extreme weather or emergencies.
Apple's own results: September-quarter records for revenue, iPhone revenue and EPS. Coverage also notes rising memory costs and hints about third-party AI app revenue.
Memo: Linux distribution vendor SUSE is laying off ~10% of its employees, saying “automation and AI are fundamentally shifting how software companies operate” — One in ten employees at SUSE are facing the chop due to “automation and AI,” according to a memo dispatched by management …
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