All articles by Refna Tharayil
Refna Tharayil
Workday’s Q2 FY25 net income increases by 67% to $132m
The company’s growth was fuelled by strong performance in HCM and financial management, alongside innovations in AI and global payroll strategies.
Intuit reports net loss of $20m in Q4 FY24
Despite the loss, the financial technology platform’s total net revenue increased by 17% to $3.2bn in Q4 FY24, driven by its small business and AI-driven initiatives
Google and CSIRO join forces to enhance software supply chain security for Australia’s critical infrastructure
The collaboration aims to bridge critical gaps in how Australia’s critical infrastructure operators identify, understand, and address vulnerabilities in their software supply chains.
Zoom’s Q2 FY25 net income increases by 20% to $219m
The communications technology company’s revenues for Q2 FY25 were up by 2% to $1.16bn, compared to $1.14bn in Q2 FY25
Turn/River Capital plans to divest Redwood Software in $2.5bn deal
The US-based Redwood Software offers full-stack automation for mission-critical business processes.
OpenAI to integrate media content from Condé Nast into ChatGPT and SearchGPT
The AI company is working with news partners to gather feedback and insights on the design and performance of SearchGPT.
Palo Alto Networks reports 57.1% rise in net income in latest quarter
The cybersecurity firm’s total revenues for Q4 FY24 were up 12.1% to $2.2bn, compared to $1.95bn in Q4 FY23.
AMD to acquire hyperscale server solutions provider ZT Systems in $4.9bn deal
ZT Systems’ expertise in designing and optimising cloud computing solutions is expected to help cloud and enterprise customers expedite the deployment of AMD-driven AI infrastructure at scale.
Fortune 500 companies flag AI risks in annual reports, up 473.5% YoY
Arize AI’s latest report, The Rise of Generative AI in SEC Filings, reveals that 281 Fortune 500 companies now flag AI risks, accounting for 56.2% of the total.
Texas Instruments secures up to $1.6bn funding boost for semiconductor expansion
The funding will facilitate the construction of three 300mm wafer fabrication facilities in Texas and Utah.