Apple signs a multiyear Google deal to use Gemini and Google Cloud to power Siri's features in 2026, saying Google's tech “provides the most capable foundation”
- Apple is teaming up with Google to use Gemini models for an AI-powered Siri
Google Cloud Q2 revenue grew 29% YoY to $10.35B, vs. $10.2B est.; Cloud exceeded $10B in quarterly revenues and $1B in operating profit for the first time
Jennifer Elias / CNBC :
Cloud data management startup Rubrik closes up 16% at $37 per share in its NYSE debut, after raising $752M at a $5.6B valuation
Cloud data management startup Rubrik priced its NYSE IPO at $32 per share, above its expected $28 to $31 range, raising $752M and valuing the company at $5.6B
Cloud data management company Informatica says it is not currently in acquisition talks, after Salesforce's reported interest in a ~$10B deal; INFA falls 8%+
to Salesforce or anyone else Wall Street Journal : Salesforce's Talks to Buy Informatica Fizzle Larry Dignan / Constellation Research : Informatica says it'll hit Q1 targets, says not actively in acqu...
Cloud data management startup Rubrik files for a NYSE IPO under the symbol RBRK, reporting a net loss of $354M on revenue of $628M for the year ended January 31
Cloud data management startup Rubrik files for a NYSE IPO under the symbol RBRK, reporting a net loss of $354M on revenue of $628M for the year ended January 31
We are on a mission to secure the world’s data. Cyberattacks are inevitable. Kyle Alspach / CRN : Rubrik Files IPO Plans, Reports $784 Million In ARR Lindsay Clark / The Register : Rubrik files to ...
The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more
In 2010, a top Apple executive emailed Apple's then-CEO about an ad for the new Kindle e-reader. TechCrunch : TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit from the DOJ CNBC : DO...
Google strikes a deal with Reddit, reportedly for $60M/year, gaining Reddit Data API access to surface more Reddit content in Search and to train its AI models
what you need to know Eileen AJ Connelly / The Wrap : Reddit Inks $60 Million-a-Year Deal To Train Google AI Ahead of Expected IPO | Report Barry Schwartz / Search Engine Roundtable : No Joke: Google ...
Google announces Gemini Pro for enterprises, letting Cloud clients build apps for free, with some limits, and plans to add Gemini Pro to AI Studio and Vertex AI
Gemini Pro is aimed at businesses and app developers — Alphabet Inc.'s Google announced a slate of upgraded artificial intelligence features …