Penguin Solutions Forecasts About 40% Growth After Memory Sales More Than Double
Fourth-quarter sales rose 68% to $566.7 million as neocloud contracts and tight memory supply lifted the former SMART Global Holdings.
TECHNOLOGY · AI · CYBERSECURITY · THE SYSTEMS SHAPING BUSINESSPage 2 of 5: earlier stories.
Fourth-quarter sales rose 68% to $566.7 million as neocloud contracts and tight memory supply lifted the former SMART Global Holdings.
The Palo Alto startup's Series B values it at $1.5 billion and brings in AMD Ventures as it targets semiconductor thermal analysis before vehicles and aircraft.
The add-on costs nothing extra on paid Claude plans, asks before it edits by default, and ships with connectors that let Claude open Google files from its own app.
At its investor day the chipmaker also lifted its fiscal 2028 goal to $20 billion, well above analyst forecasts, betting on custom AI chips and optical links.
The Hyundai-controlled robot maker picks an AI-model leader rather than a roboticist, ending a nine-month search after Robert Playter stepped down.
OpenAI's newest models are coming to Jira and Confluence, but GPT-6 Astra will not be Rovo's default and the dollar size of the deal was not disclosed.
Joule Work and Joule Desktop let agents pull data from SAP and non-SAP systems in one answer, billed through consumption-based AI units.
The Kimi developer’s valuation rose by more than half since summer, Bloomberg reported, as recurring revenue climbed from $300 million in June to about $1 billion.
Visiting Taipei and Hsinchu, AMD's CEO said demand for its processors is still outrunning supply and that partners are now planning three to five years out.
Backed by a consortium of 11 blockchain-focused fintech firms, the startup wants contributors to sign their data and earn each time AI developers use it.
The French electrical group will pay $205 a share for the maker of Creo, its largest acquisition ever, and investors in Paris pushed its stock sharply lower.
The inference chipmaker raised at $21 billion only weeks ago; unsolicited bids now value it at roughly double that or more, TechCrunch reports.
The Nvidia-backed startup says its 501-billion-parameter model matches Z.ai's GLM-5.2 on reasoning tests while needing a third to a quarter of the inference compute.
The visual format moves OpenAI's ad business past text answers, backed by a longer list of measurement and brand-safety partners for advertisers.
Analyst estimates point to a nearly ninefold jump in operating profit, roughly double what the company earned in all of 2025, ahead of Thursday's guidance.
In a Politico interview, OpenAI's CEO backed tough rules for catastrophic risks but rejected limiting access to prevent every scam, hack or misuse.
The Claude Frontier Academy opens with a residency for engineers nominated by Accenture, Deloitte, McKinsey, Morgan Stanley and four other launch partners.
The special purpose vehicle would raise debt and sell a 10% stake to outside investors, moving Grace Blackwell hardware off Amazon's balance sheet while it keeps using the chips.
A report that the smallest of the three drive makers will spend about $400 million on capacity hit two of the AI trade's best-performing stocks.
The health records vendor expects a roughly six-week freeze after the AI model found configurations that could let outsiders read patient files without leaving log entries.
OpenAI's hardware chief says the company chose AMD's x86 server CPU to de-risk its first in-house inference rack, despite close ties to Nvidia and Arm.
Banks will syndicate a $42 billion senior tranche, while Blackstone plans to put about $9 billion of its own funds into an $18 billion junior slice.
The final tranche brings SoftBank's cumulative bet on the ChatGPT maker to $64.6 billion, and the group no longer needs the last undrawn slice of a $40 billion loan.
The company says an internal investigation found policy violations, but it has not named the researchers, the outside safety group involved or what was shared.