Artificial Intelligence

Target Names First Chief AI Officer As It Pairs AI With UX To Drive Its Next Growth Chapter

By Amit Chowdhry ● Aug 14, 2026

Target is strengthening its artificial intelligence and user experience capabilities as part of its next phase of growth, naming Chandhu Nair as the retailer's first Chief AI Officer and moving Purvi Shah into a senior leadership role overseeing UX.

Google And Kaggle’s AI Agent Course Attracts More Than 353,000 Participants

By Amit Chowdhry ● Aug 14, 2026

Google and Kaggle attracted more than 353,000 registered participants to their five-day AI Agents: Intensive Vibe Coding Course, highlighting the rapidly growing developer interest in using natural language to build AI applications and agents.

Globant: Glob.AI ARR Jumps 61% In One Quarter To $52.8 Million

By Amit Chowdhry ● Aug 14, 2026

Globant's Glob.AI annual recurring revenue reached $52.8 million in the second quarter of 2026, increasing 61% sequentially as the company accelerates its transition toward AI-driven services and new consumption- and outcome-based pricing models.

Slalom Names Dan Garrison Chief AI Officer To Advance Enterprise AI Strategy

By Amit Chowdhry ● Aug 13, 2026

Slalom has appointed Dan Garrison as Chief AI Officer as the global business and technology consulting company increases its investment in dedicated AI leadership and expands its efforts to help customers turn artificial intelligence initiatives into measurable business outcomes.

Applied Materials Posts Record $9.12 Billion Revenue While Expanding R&D Capacity In Singapore

By Amit Chowdhry ● Aug 13, 2026

Applied Materials reported record quarterly revenue of $9.12 billion while expanding its manufacturing and R&D capacity in Singapore with a new $500 million campus as accelerating artificial intelligence infrastructure investment increases demand for advanced semiconductor manufacturing technology.

OpenAI Names Dali Rajic Chief Revenue Officer As Business Customer Base Surpasses 2 Million

By Amit Chowdhry ● Aug 13, 2026

OpenAI has appointed Dali Rajic as Chief Revenue Officer to lead its global revenue organization as the company expands enterprise adoption of its AI products.

Google Launches Gemini 3.7 Flash With Lower Pricing And Stronger Coding And Agent Capabilities

By Amit Chowdhry ● Aug 13, 2026

Google has launched Gemini 3.7 Flash, positioning the new AI model as its most capable Flash-series model yet for coding, AI agents, knowledge work, and web development.

SpaceXAI Launches Grok 4.6 With Stronger Agentic Coding And Long-Running Task Capabilities

By Amit Chowdhry ● Aug 13, 2026

SpaceXAI has launched Grok 4.6, its latest frontier AI model, with a particular focus on long-running agents, coding, knowledge work, and more ambitious interactive and visual projects.

Global-e: AI Efficiency Helps Expand EBITDA Margin 300 Basis Points As GMV Surges 44%

By Amit Chowdhry ● Aug 12, 2026

Global-e Online is pairing rapid cross-border e-commerce volume growth with expanding profitability, and management is explicitly pointing to artificial intelligence as one contributor to the improvement. The company also raised its full-year outlook across all major guidance metrics after reporting strong volume from existing merchants, recently launched brands and its 2025 merchant cohort.

Nebius: Deferred Revenue Nears $6 Billion As AI Commitments Drive Cash Flow And H1 Infrastructure Spending Tops $8.1 Billion

By Amit Chowdhry ● Aug 12, 2026

Nebius is rapidly converting AI infrastructure demand into both customer prepayments and physical capacity, with deferred revenue approaching $6 billion while first-half infrastructure spending exceeded $8.1 billion.

CoreWeave: Revenue Backlog Reaches $104 Billion Before Another $25 Billion Of New Commitments

By Amit Chowdhry ● Aug 12, 2026

CoreWeave entered the second half of 2026 with approximately $104 billion of revenue backlog, and that figure did not yet include more than $25 billion of net new customer commitments secured in early Q3.

Tencent Music: AI Agents Become Real-Time Personal DJs As Ximalaya Adds $60 Million Of Revenue

By Amit Chowdhry ● Aug 12, 2026

Tencent Music Entertainment is increasingly incorporating artificial intelligence into music discovery, with upgraded AI agents inside QQ Music and Kugou Music now acting as personal DJs that create personalized playlists in real time.

Cerebras: Data Center Capacity Tops 600 MW As Manufacturing Capacity Targets More Than 10x Expansion

By Amit Chowdhry ● Aug 12, 2026

Cerebras Systems is rapidly expanding the physical infrastructure supporting its AI inference business, with more than 600 megawatts of data center capacity now live or under contract for delivery by the end of 2027 and manufacturing capacity expected to increase more than 10x during 2026.

Cisco: AI Infrastructure Revenue Targets $7.5 Billion After Hyperscaler Orders Reach $9.3 Billion

By Amit Chowdhry ● Aug 12, 2026

Cisco expects AI infrastructure revenue from hyperscalers to reach approximately $7.5 billion in fiscal 2027 after securing $9.3 billion of orders during fiscal 2026, highlighting the growing importance of artificial intelligence infrastructure to the networking company's business.

Coherent: AI Demand Pushes Q1 Revenue Target To $2.3 Billion As Manufacturing Capacity Expands

By Amit Chowdhry ● Aug 12, 2026

Coherent expects fiscal first-quarter 2027 revenue of $2.2 billion to $2.4 billion, putting the midpoint at $2.3 billion, as accelerating artificial intelligence data center demand drives the photonics company to expand manufacturing capacity.

Silicon Data Raises $30.5 Million Series A Led By Valor Atreides AI Fund To Build AI Compute Benchmark Infrastructure

By Amit Chowdhry ● Aug 12, 2026

Silicon Data has raised an initial $30.5 million closing of its Series A financing to expand its independent pricing, performance and market intelligence infrastructure for the AI compute economy.

Mindgard Raises $30 Million Series A To Expand AI Security Platform

By Amit Chowdhry ● Aug 12, 2026

Mindgard has raised $30 million in Series A funding to expand its AI security platform as enterprises increase deployment of AI models, agents, and applications. Album VC led the financing, with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the new capital to expand its product, engineering, sales, and marketing operations in response to growing customer demand.

Skan AI Raises $63 Million To Expand Enterprise AI Platform

By Amit Chowdhry ● Aug 12, 2026

Skan AI has raised $63 million in funding to expand its enterprise AI platform, which is designed to provide AI systems with context about how work is actually performed inside organizations. Cathay Innovation and Dell Technologies Capital co-led the funding, with participation from Citi Ventures, Bloomberg Beta, State Farm Ventures, and Wipro Ventures. The financing coincides with the launch of Skan AI’s broader enterprise AI platform and the general availability of Skan AI Blueprint and Skan AI Agents.

Global AI Secures $441 Million J.P. Morgan-Led Financing To Expand Sovereign AI Infrastructure

By Amit Chowdhry ● Aug 12, 2026

Global AI has secured $441 million in senior secured financing led and arranged by J.P. Morgan, marking the sovereign AI infrastructure company’s first debt financing. The facility also included participation from a group of additional lenders.

LegalZoom: Agentic AI Resolves 40% Of Customer Inquiries As Trademark Search Time Falls 55%

By Amit Chowdhry ● Aug 12, 2026

LegalZoom is increasingly using artificial intelligence across customer service, legal workflows and sales, with agentic AI now fully resolving approximately 40% of customer-care inquiries end-to-end while AI tools have reduced trademark classification search time by 55%.

Lumentum: AI Demand Accelerates Q1 Revenue Target To $1.25 Billion As Operating Margin Approaches 40%

By Amit Chowdhry ● Aug 12, 2026

Lumentum is accelerating beyond its previous financial targets as artificial intelligence infrastructure demand drives increasing adoption of optical connectivity across data centers. The company expects fiscal first-quarter 2027 revenue of $1.225 billion to $1.275 billion, putting the midpoint at $1.25 billion and allowing Lumentum to reach its target financial model more than a quarter ahead of schedule.

Grotto AI: Interview With Co-Founder And CEO Nick Deveau About AI Coaching For Multifamily Leasing Teams

By Amit Chowdhry ● Aug 11, 2026

Grotto AI provides an AI coaching platform that helps multifamily leasing teams improve prospect interactions, personalize calls and tours, and identify the behaviors that drive conversion. Pulse 2.0 interviewed Grotto AI Co-Founder and CEO Nick Deveau to learn more.

Unthread: Interview With Founder Tom Bachant About Conversational Ticketing And AI-Powered Support Automation

By Amit Chowdhry ● Aug 11, 2026

Unthread provides a conversational ticketing and support automation platform that turns messages from Slack, Microsoft Teams, email, Discord, and other channels into tickets while using AI to resolve requests and automate operational workflows. Pulse 2.0 interviewed Unthread Founder Tom Bachant to learn more.

Ceva: NeuPro-M Wins Next-Generation Custom AI Silicon Deal As Licensing Revenue Hits Three-Year High

By Amit Chowdhry ● Aug 11, 2026

Ceva secured a major artificial intelligence licensing win during the second quarter of 2026 as a leading global AI and computing platform company selected its NeuPro-M neural processing unit IP for next-generation custom AI silicon.

Ginkgo Bioworks: 100+ Robots Run Experiments Around The Clock As $47 Million Autonomous Lab Build Advances

By Amit Chowdhry ● Aug 11, 2026

Ginkgo Bioworks is scaling its autonomous laboratory infrastructure as more than 100 robots at its Nebula facility run experiments around the clock and the company advances a $47 million autonomous laboratory project for the Environmental Molecular Sciences Laboratory at Pacific Northwest National Laboratory.

Veeco: AI Demand Drives Robust Orders As Manufacturing Expansion Extends Visibility Into 2027

By Amit Chowdhry ● Aug 11, 2026

Veeco Instruments is seeing artificial intelligence demand translate into stronger semiconductor equipment orders and deeper customer engagement, giving management increased visibility into 2027 as the company expands manufacturing capacity.

Teknova: Build-Tek AI Configures Complex Custom Reagents In Minutes As Biotech Manufacturing Platform Expands

By Amit Chowdhry ● Aug 11, 2026

Teknova has launched Build-Tek, an AI-powered custom product configurator designed to allow therapeutic and diagnostic developers to create complex custom reagent requests within minutes and move more quickly from preclinical research toward clinical manufacturing.

Team8 Raises $365 Million For AI-Native Enterprise Investments As AUM Nears $2 Billion

By Amit Chowdhry ● Aug 11, 2026

Team8 has raised $365 million in new capital to invest in the next generation of AI-native enterprise companies, bringing the venture firm's total assets under management to nearly $2 billion across eight funds. The new capital includes $265 million for Team8 Capital's third fund and more than $100 million reserved for follow-on investments in portfolio companies where the firm has the highest conviction.

ZipRecruiter: $294.6 Million Debt Repurchase At $65 Million Discount Drives Major Balance-Sheet Reset

By Amit Chowdhry ● Aug 11, 2026

ZipRecruiter repurchased $294.6 million of senior unsecured notes during the second quarter of 2026 at a $65 million discount to par value, significantly reducing its debt burden while preserving liquidity as the employment marketplace increases its use of artificial intelligence.

Global Engine Group And Angkasa-X Partner On Space-to-AI Edge Infrastructure Platform In Malaysia

By Amit Chowdhry ● Aug 11, 2026

Global Engine Group Holding Limited (GLE) and Angkasa-X Holdings Corp. have entered into a strategic collaboration agreement to jointly advance a “Space-to-AI” digital infrastructure platform in Sarawak, Malaysia.