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Atlassian and Figma Lead the R&D Arms RaceSunday Insights

Atlassian and Figma Lead the R&D Arms Race

Wall Street’s sell-off of enterprise software stocks resumed in earnest late last week, sending stocks such as ServiceNow and Snowflake down around 8% or so on Friday, as jitters over the impact of new AI tools on older software firms intensified. But the panic may be too indiscriminate. One way of sorting out which software firms may have more of a future is to look at their spending on research and development as a percentage of revenue, a sign of how deeply they’re investing in new...

OpenAI Stargate Execs to Join Meta’s New Compute Unit

The executives will support the newly formed AI unit, TBD Lab.

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CoreWeave says it will provide compute to Anthropic starting later this year

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Exclusive: Mercor Hit Over $1 Billion in Annualized Gross Revenue Before Breach

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CPU Startup SiFive Raises $400 Million

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Amazon Considers Selling AI Chips Beyond AWS

Chips business hit an annual run rate of more than $20 billion.

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Meta Expands Cloud Deals With CoreWeave to $35 Billion through 2032

Earlier this year Meta signed a deal to spend up to $27 billion renting Nvidia chips from cloud provider Nebius.

Tesla Considers Producing Smaller, Cheaper SUV

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