The venture-backed startup also burned through cash.

The company has been integrating generative AI into several of its flagship products, such as Photoshop.

The agreement is exclusive, making Microsoft the only other cloud provider to host Oracle Database.

The share price Arm Holdings ended Thursday at $63.59, up nearly 25% above the initial public offering price, a strong early sign for the tech listing market overall.

The new hires are all former colleagues of X CEO Linda Yaccarino from her days at NBCUniversal and Turner.

Arm's listing will be followed soon by Instacart and Klaviyo. If things go well, the IPO market could pick up.

Google has pared down some teams since cutting 12,000 employees in January.

Brad D. Smith served as Intuit’s CEO from 2008 to 2019 and its executive chairman from 2019 until 2022.

Starlink revenues have surged since 2021.

Europe's anti-subsidy probe comes at a time when Chinese electric car makers are stepping up their efforts to expand globally.

Years after its $45 billion offer to buy Yahoo was rebuffed, Microsoft was the runner up to land Yahoo in 2021.

The Apple Watch Series 9 is the company’s first carbon-neutral product.

That figure is lower than the $15 billion or $20 billion some analysts estimated Google paid Apple for default status.

Deel had become a popular payment provider for dozens of websites that charge investors to enter simulated trading contests.

Both companies are pitching their products as one-stop-shops for sellers to get items moved from overseas factories all the way to the doorsteps of customers.

Eddie Wu, who took the helm Sunday, said the Chinese e-commerce giant will reinforce its strategic investments in AI-driven tech businesses.

Oracle’s stock fell more than 9% in after-hours trading as the company disclosed lower revenue growth for the current quarter, in part because it can't open data centers fast enough to soak up demand.

The AI chip designer is leveraging its dominance in AI hardware to compete with traditional cloud providers, including AWS.

The companies have discussed sharing servers to ease the AI chip shortage.

JPMorgan CEO also takes aim at new proposed capital rules