In a high-stakes gamble that is reshaping the global economy, America’s technology giants are doubling down on artificial intelligence, signaling this week that their record-breaking investments are only accelerating. Despite rising concerns from Wall Street and central banks that the industry is inflating a dangerous bubble, Alphabet (Google), Meta, Microsoft, and Amazon are collectively planning…
The company reported a 9% increase in revenue to $205.7 million for the fiscal year LONDON: Craneware plc (AIM: CRW.L), a leading provider of financial performance solutions for U.S. healthcare providers, reported a 9% increase in revenue to $205.7 million for the fiscal year ended June 30, 2025, driven by continued sales momentum and strategic…
Company completed the divestiture of its DevOps assets to BlueOptima in August LONDON: Cirata Plc (LSE: CRTA) reported a 41% year-over-year increase in revenue to $4.8 million for the six months ended June 30, 2025, driven by surging demand for its Data Integration (DI) solutions. The company also narrowed its adjusted EBITDA loss to $4.0…
CHICAGO: Tempus AI, Inc. (NASDAQ: TEM), a leader in artificial intelligence-driven precision medicine, announced Friday it has acquired Paige, a digital pathology company known for pioneering FDA-cleared AI applications in cancer detection. The $81.25 million deal, primarily paid in Tempus common stock, positions Tempus to expand its oncology-focused dataset and technical capabilities. Founded in 2017,…
Amazon’s online store sales rose 11% to $61.5 billion, while advertising revenue jumped 23% to $15.7 billion SEATTLE: Amazon Web Services (AWS) reported its lowest profit margins since late 2023, raising concerns among investors about the tech giant’s ability to maintain growth in its cloud computing division. Amazon said AWS operating margins fell to 32.9%…
SAN JOSE: NEXT Conference – Nutanix, a leader in enterprise cloud computing, announced a new partnership with Microsoft that will enable both companies to deliver a hybrid solution with seamless application, data, and license mobility as well as unified management across on-premises and Azure environments, using Nutanix Clusters on Azure. “With this partnership, Microsoft and…