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Rich Ord

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🌐 webpronews.comSource

Intel forecast fourth-quarter revenue of $15 billion to $16 billion, below analyst estimates, as PC demand weakens and an explosion at its Israel fab cuts server chip output. Its shares were down 25% in premarket trading Friday.

1 day ago

🌐 webpronews.comSource

DoorDash agreed to buy Instacart for $65 a share, about $17 billion, in a mostly cash deal expected to close in late 2027 or the first half of 2028. DoorDash says it sees $500 million or more in yearly synergies over several years.

2 days ago

🌐 webpronews.comSource

Oracle will start offering Google's TPU chips on OCI in 2027, the first hyperscale cloud outside Google to do so. The Information reports OpenAI also plans to buy TPUs, though terms weren't disclosed.

3 days ago

🌐 webpronews.comSource

Salesforce added hard AI spending limits, a FinOps Dashboard and an Agent Kill Switch to Agent Fabric, available now. Agent Evals and API Evals, which test agents and the APIs they depend on, enter beta in November.

3 days ago

🌐 webpronews.comSource

Google Cloud's remote MCP server for Oracle AI Database@Google Cloud is now generally available, letting agents run SQL under IAM controls. Bidirectional Iceberg access and BigQuery federation with Oracle are in preview.

3 days ago

🌐 webpronews.comSource

Microsoft reported Azure revenue in dollars for the first time, $33.2 billion for the September quarter, as total revenue rose 19% to $92.3 billion. Capital spending came in below forecast because some third-party data center capacity arrived late.

3 days ago

🌐 webpronews.comSource

Intel says it intends to keep Classiq's quantum software working on other companies' hardware after it buys the startup. Intel didn't disclose a price; Ctech reported $2.3 billion, and the deal is expected to close next year.

4 days ago

🌐 webpronews.comSource

OpenAI says GPT-6.1 Terra's standard API rates, $1 per million input tokens and $5 per million output tokens, are 50% below GPT-6.1 Sol's. Its system card reports restriction workarounds in 29.6% of maximum-effort runs in one simulated test.

4 days ago

🌐 webpronews.comSource

OpenAI and Anthropic each released AI-generated papers claiming a subexponential algorithm for 3-SAT, which would refute a hypothesis behind hundreds of hardness results. Neither proof has been peer-reviewed, and the researchers who proposed ETH say their role in checking it is n

4 days ago

🌐 webpronews.comSource

Meta launched $35 billion in common and mandatory convertible preferred stock offerings and plans a $60 billion at-the-market program once its nonvoting Class C shares trade. Nvidia, AMD and Broadcom indicated interest in buying up to $5 billion of the common stock combined.

5 days ago