Author: Editor-In-Chief
Cloud infrastructure has long been designed around humans searching, clicking, scrolling, and streaming in a stable and predictable manner. AI agents behave differently. They unleash massive amounts of activity, querying hundreds of databases, searching documents, launching multiple subagents that call APIs in seconds, and disappearing as quickly as they arrive. With that premise in mind, Amazon is redesigning the core of its cloud infrastructure. On Thursday, AWS announced the next generation of OpenSearch Serverless. It is a fully managed search and vector database, essentially a large-scale information storage and retrieval system designed specifically for agent workloads. AWS says the new…
Eli Lilly & Co.’s Zepbound injection pen placed on Thursday, March 28, 2024 in the Brooklyn borough of New York City, USA.Shelby Knowles | Bloomberg | Getty ImagesCVS Health On Thursday, it announced it would restore coverage. Eli Lillylaunches blockbuster weight loss injectable Zepbound and begins incorporating its new obesity drug into standard drug plans. This is a win for drug companies and some patients who now have access to more treatment options.CVS added coverage for Zepbound on October 1st and plans to begin coverage for Lilly’s newly approved Foundayo pill on June 1st. The move will strengthen Lilly’s efforts…
Octa The onslaught of agent-based artificial intelligence has soared demand for identity security tools, topping Wall Street’s first-quarter fiscal year estimates after the bell Thursday. The stock price rose 8%.Here’s how the company performed against LSEG’s estimates:Earnings per share: 91 cents adjusted, 85 cents expected; Revenue: $765 million, $752 million expected.The identity security provider said its revenue was up 11% from a year ago. Net income rose to $74 million, or 42 cents per share, from $62 million, or 35 cents per share, a year ago.CEO Todd McKinnon told CNBC that demand for Okta’s identity tools is surging due to…
A U.S. judge has refused to immediately block President Donald Trump’s executive order tightening rules around mail-in voting.But District of Columbia Judge Carl Nichols left open the possibility that Democrats could challenge the bill again as the administration moves to implement it.Recommended stories list of 3 itemsend of listNichols, an appointee of President Trump, ruled Thursday against requests by Democrats and civil rights groups to halt the executive order. Challengers argued that the measure was likely unconstitutional because the power to set election rules rests with the states and Congress, not the president.But in his ruling, Nichols agreed with the…
Micron Memory Japan Co., Ltd. booth at the SEMICON Japan exhibition held in Tokyo on December 18, 2025.Kiyoshi Ota | Bloomberg | Getty ImagesThe rally in semiconductor stocks has been incredible, and traders can’t help but bet on it.Open interest in a put contract of VanEck Semiconductor ETF (SMH) In the past two months, call subscriptions have soared to just under 1.7 million, a record high, according to Bloomberg data since the fund was founded in 2011. In contrast, there are just over 500,000 unpaid telephone contracts.At the same time, SMH’s implied volatility has been rising, approaching 55% on Tuesday,…
Dell reported its fastest-paced revenue growth since returning to the public markets more than seven years ago, with sales and profits beating analysts’ expectations. Shares rose as much as 27% in extended trading Thursday. Here’s how the company performed compared to the LSEG consensus:Earnings per share: $4.86 adjusted vs. $2.94 expected Revenue: $43.84 billion vs. $35.43 billion expectedSales for the quarter ended May 1 were up nearly 88% compared to the same period last year, the company said in a statement. Since its IPO in 2018, five years after the server maker went private, it has never seen year-over-year growth…
Vienna Neustadt, AustriaReuters — An Austrian court on Thursday sentenced a 21-year-old to 15 years in prison on various charges, mostly related to terrorism, for planning an Islamist attack on a Taylor Swift concert in Vienna in 2024. Beran A., whose last name has not been published in accordance with Austrian privacy rules, was arrested on August 7, 2024, the day before the first of three concerts planned by the American pop star in the Austrian capital. All three dates were subsequently canceled, much to the dismay of fans and Swift, who later wrote that she was “devastated.” In Vienna,…
Visa announced an undisclosed investment in AI coding platform Replit. The companies are also exploring ways to integrate Visa’s payments products into Replit, allowing developers and the AI agents they build to accept payments directly from customers without leaving the platform. Visa added that more than 1,000 employees use Replit for prototyping and development. As part of the partnership, the companies are exploring how Replit’s developers can leverage Visa’s AI-powered payments suite, Visa Intelligent Commerce, and Visa’s Trusted Agent Protocol, a system that securely verifies an AI agent’s identity by sharing information such as its intent and relevant customer details,…
best buy The consumer electronics retailer, aiming to break free from slumping sales, announced its first-quarter financial results on Thursday, with both sales and final profit exceeding expectations.The company said sales increased slightly, led by 2% like-for-like sales growth. The company reaffirmed its outlook for full-year sales of $41.2 billion to $42.1 billion and adjusted earnings per share of $6.30 to $6.60. It expects like-for-like sales to be in the range of 1% decrease to 1% increase. The company said gaming, computing, mobile phones and services were the biggest growth drivers in the quarter, partially offset by lower consumer electronics…
The United States and Iran have reached a preliminary memorandum of understanding (MOU) to extend the ceasefire between the two countries for 60 days and begin negotiations toward a permanent end to the war, officials said.U.S. officials told Al Jazeera on Thursday that the framework still requires final approval from President Donald Trump. If the deal is finalized, it would be a major breakthrough after weeks of diplomatic deadlock.Recommended stories list of 3 itemsend of listHowever, details of the tentative agreement remain unclear. It is also unclear whether the 60-day extension means a deadline for negotiations. The ongoing ceasefire is…