MongoDB CEO Dev Ittycheria steps down after 11 transformative years that saw the company go public and achieve a fifteenfold stock increase to nearly $30 billion market cap, with Cloudflare executive CJ Desai taking the helm to drive revenue beyond $5 billion.
IREN lands massive $9.7 billion five-year Microsoft GPU cloud services contract and $5.8 billion Dell partnership to deploy NVIDIA GB300 GPUs at its 750MW Texas AI campus through 2026, positioning the company as a major AI cloud provider with access to global hyperscaler customers.
Major global supply chains now deploy revolutionary hybrid AI-ERP systems that instantly transform chaotic trade disruptions and supplier alerts into structured, executable business decisions, combining artificial intelligence's adaptability with traditional enterprise systems' reliability to navigate complex real-time logistics challenges.
Microsoft reports a staggering $3.1 billion loss from its OpenAI investment as the AI giant burns through $11.5 billion in a single quarter, revealing massive financial struggles despite generating billions in annual revenue.
Amazon surpasses Q3 earnings expectations with $1.95 per share and $180.17 billion revenue while AWS cloud division accelerates growth to 20.2%, prompting the company to boost 2025 capital spending to $125 billion even as it cuts 14,000 corporate jobs to streamline operations.
Alphabet shares rocket 5% to record highs as Q3 revenue soars to $102.4 billion, driven by Google Cloud's explosive 34% growth to $15.2 billion amid surging AI demand that's pushing the tech giant to raise capital spending guidance to $92 billion for massive data center expansion.
Alphabet shatters records with $102.35 billion quarterly revenue, marking the first time the tech giant crosses $100 billion while Google Cloud surges 35% to $15.15 billion amid explosive AI demand, prompting the company to boost 2025 infrastructure spending to up to $93 billion.
Microsoft crushes Q1 earnings with $77.67 billion revenue and 40% Azure growth, but stock tumbles 4% as company forecasts accelerated capital spending and absorbs a massive $3.1 billion OpenAI investment hit despite maintaining its $135 billion stake in the AI giant.
Meta shares crash 9% despite crushing earnings expectations as the tech giant absorbs a massive $15.9 billion tax hit from Trump's new tax legislation while simultaneously ramping up AI spending with capital expenditures jumping to $70-72 billion for 2025.
Alphabet shares surge 5% as Q3 revenue soars to $102.4 billion, crushing Wall Street's $99.85 billion expectations, driven by Google Cloud's explosive 34% growth to $15.2 billion from AI demand and major partnerships with OpenAI and Meta.