Box launches Box Agent, a generally available AI tool enabling enterprise users to query and act on company data using natural language across OpenAI, Google, and Anthropic models, with a guarantee that sensitive enterprise data never leaks back into the underlying AI systems.
Oracle slashes 10,000 jobs in India — roughly 20% of its local workforce — as part of a sweeping global restructuring affecting 30,000 employees worldwide, with analysts saying the cuts could free up $10 billion to fuel the tech giant's aggressive AI and data centre expansion.
Cursor 3 launches as a revolutionary agent-first development platform, featuring a rebuilt interface with multi-repo support, seamless local-to-cloud handoff for uninterrupted AI agent sessions, an integrated browser, and a plugin marketplace — redefining how developers build software with AI.
Microsoft launches three powerful AI models — MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2 — undercutting Google and OpenAI on price while reaffirming its multi-billion dollar OpenAI partnership.
Sandisk drops 26% amid fears over Google's TurboQuant compression algorithm, but with Q2 data center sales surging 64% quarter-over-quarter, margins projected at 65-67%, and a $671 price target suggesting 17-18% undervaluation, analysts say the sell-off is overblown and the stock presents a strong buying opportunity.
AI recruiting startup Mercor confirms it was hit in a massive supply chain attack on open-source library LiteLLM, which sees millions of daily downloads, with extortion group Lapsus$ claiming responsibility and sharing allegedly stolen data including Slack conversations and contractor videos, while thousands of other companies may also be compromised.
Google DeepMind releases two new tools — the Gemini API Docs MCP and Gemini API Developer Skills — that together achieve a 96.3% pass rate and 63% fewer tokens per correct answer, keeping AI coding agents current with real-time Gemini API documentation.
Google launches Veo 3.1 Lite at just 5 cents per second, dramatically undercutting competitors in the AI video market as OpenAI simultaneously retreats by scrapping its Sora model and abandoning a $1 billion Disney deal.
Google launches Veo 3.1 Lite, its most affordable AI video generation model yet, offering developers Text-to-Video and Image-to-Video capabilities at less than 50% of the cost of Veo 3.1 Fast, with support for 720p and 1080p resolutions and flexible durations, available now through the Gemini API.
Oracle is cutting thousands of jobs amid a 25% stock drop and mounting debt, as the tech giant bets big on AI infrastructure with plans to raise $50 billion and honor a $300 billion OpenAI deal, while analysts say slashing up to 30,000 employees could unlock $10 billion in free …