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MMediaNama12:50

AI score16

CarTrade Q2 Earnings: Net Profit Up 3% to ₹6.6 Billion, Revenue Rises to ₹21.3 Billion

India's auto classifieds platform CarTrade reported a net profit of ₹6.6 billion in Q2 of FY27, up 3% year-on-year, while revenue grew 10% to ₹21.31 billion, a record high. OLX India's revenue rose 26% year-on-year to ₹7.02 billion, with EBITDA up 36%. In the quarter, CarTrade launched an AI assistant for new car purchases and rolled out the VAYA Live intelligence platform for OEMs and dealers.

#Industry news#Agents

MMediaNama12:50

AI score27

Paytm expects UPI MDR to bring in Rs 70 crore per fiscal year

Paytm Group CFO Madhur Deora said on the Q2 FY27 earnings call that after NPCI imposed a 0.4% MDR on P2M UPI transactions above Rs 2,000, based on the current GMV of Rs 28 trillion, this could bring incremental EBITDA of slightly over Rs 70 crore per fiscal year, potentially reaching Rs 90 crore in FY28. Paytm currently accounts for 8.1% of UPI transaction volume, trailing PhonePe's 45.6% and Google Pay's 32.2%; CEO Vijay Shekhar Sharma said the goal is to capture one-third of the market share.

#Industry news#Agents

SSiliconANGLE12:50Model releases

AI score79

Google Releases Flagship Model Gemini 4 Carbon, Strengthening Cybersecurity Capabilities

Google has released the frontier large language model Gemini 4 Carbon, focused on complex programming and cybersecurity tasks. Google says internal testing shows its ability to generate secure code is more than twice that of the previous generation, that it surpasses the previous record on SEC-bench Pro, and that it can better patch discovered vulnerabilities; in Terminal-Bench 4.0, only 0.4% of problems involved attempted cheating, and none succeeded, while in the Gray Swan IPI Benchmark it blocked all simulated indirect prompt injections. Carbon will open early access later this week through the Fairwind Program to organizations such as internet service providers, and Google plans to refine its guardrails based on feedback before making it broadly available.

Same story · 34 reports

#Model releases#Safety / alignment#English text is being prepared.

SSiliconANGLE12:50

AI score66

Alphabet's Q3 revenue and EPS both fell short of expectations, with shares dropping over 12%

Alphabet reported adjusted earnings per share of $2.67 and revenue of $127.58 billion for the third quarter, both below Wall Street expectations, sending shares down more than 12% on the day and wiping out over $500 billion in market value. The company's free cash flow was negative $9.07 billion, far below analysts' expectation of $2.7 billion, while capital expenditures of $51.36 billion also came in below expectations. CFO Anat Ashkenazi maintained full-year capital expenditure guidance of $195 billion to $205 billion and reiterated that the figure will exceed $300 billion in fiscal 2027. Google Cloud revenue more than doubled to $30.7 billion, and the Gemini app surpassed 1 billion users worldwide for the first time.

Same story · 4 reports

#Industry news#Google

SSiliconANGLE12:50

AI score37

ServiceNow's Q3 results were mixed, with shares falling 18% after hours

ServiceNow's Q3 revenue grew 20.5% year-over-year to $4.11 billion, beating market expectations by $20 million, but adjusted earnings per share of $1 fell short of analysts' expected $1.02, and shares fell 18% after hours. Net new ACV from AI products grew 65% year-over-year, and the company raised its full-year AI ACV forecast to $1.7 billion, up 70% from January. Q4 revenue guidance is $4.25 billion to $4.26 billion, still below analysts' expected $4.36 billion.

Same story · 2 reports

#Industry news#Agents#OpenAI

SSiliconANGLE12:50

AI score56

Microsoft's revenue in the first quarter of fiscal year 2027 was $92.28 billion, with Azure growing 48%

Microsoft's revenue in the first quarter of fiscal year 2027 grew 19% year over year to $92.28 billion, with earnings per share of $4.89, both exceeding Wall Street expectations, and the stock rose about 4% after hours. For the first time, the company separately disclosed Azure revenue of $33.17 billion, up more than 48% year over year, and changed its financial reporting to two major segments, Agents and Infra and Devices and Consumer, with the former generating $76.8 billion in revenue, up 25%. Capital expenditures and finance leases totaled $45.2 billion this quarter, of which CFO Amy Hood said about 75% was invested in short-lived assets such as GPUs and CPUs, and she expects Azure to grow 49% to 50% in constant currency in the second fiscal quarter.

Same story · 8 reports

#Industry news#Microsoft#Agents

SSiliconANGLE12:50

AI score60

Samsung Confirms Record Quarterly Operating Profit for Tech Industry, Driven by AI Memory Chip Demand

Samsung Electronics confirmed third-quarter operating profit of 107.44 trillion won (about $80.5 billion), a record quarterly profit for the tech industry, with revenue of 195.25 trillion won, up 127% year over year. Profit came mainly from the Device Solutions division responsible for the semiconductor business, which posted revenue of 147.1 trillion won and operating profit of 106.5 trillion won. Samsung expects the global memory chip shortage to deepen in fiscal 2027, and its smartphone business posted an operating loss of 0.6 trillion won for the quarter due to rising memory costs.

Same story · 3 reports

#Industry news#English text is being prepared.

SSiliconANGLE12:50

AI score58

FuriosaAI Completes $620 Million Funding Round at a $2.9 Billion Valuation

South Korean inference chip startup FuriosaAI has completed a $620 million funding round at a valuation of $2.9 billion, led by the Korea National Growth Fund with a $280 million investment. The company says its TCP chip, based on the RNGD architecture, consumes less than half the power of Nvidia GPUs and is compatible with PyTorch and vLLM; this round of funding will be used to expand production capacity for its next-generation TCP chips, with plans to produce 20,000 units this year and double that to 40,000 units in 2027, while also jointly developing a third-generation processor with Broadcom.

Same story · 2 reports

#Industry news#English text is being prepared.#English text is being prepared.

SSiliconANGLE12:50

AI score35

Solink raises over $100 million to extract business data from security cameras with AI

Video intelligence company Solink has completed a new funding round of over $100 million, led by Vertu Capital with participation from Goldman Sachs through its Growth Equity arm, bringing its cumulative funding to more than $198 million. Its platform uses AI to extract information from the existing security cameras of retail, restaurant and warehouse customers; currently about 500,000 cameras are connected across more than 35,000 customer sites in 65 countries. In February this year the company launched an edge AI agent for perimeter security and loss prevention, and in March it added a vision-language model to its VerifEye command center to filter out false alarms.

Same story · 2 reports

#Industry news#Agents

SSiliconANGLE12:50

AI score28

Crux Labs Raises Over $6 Million to Improve Enterprise Agents with Human Judgment

Crux Labs has officially launched and completed a funding round of over $6 million, led by Benchstrength and Misneach, with participation from Analog Ventures and Pareto Holdings. Its platform uses its own agents as evaluators, calibrating employees' expert judgment across millions of interactions, so teams avoid reviewing only a sample of the top 1% of traces. The company says it has already made progress with high-growth startups and Fortune 500 enterprises in industries such as healthcare, cybersecurity, and financial services.

#Industry news#Agents

SSiliconANGLE12:50Research

AI score56

SecurityScorecard releases TPRM Benchmark to evaluate models' third-party risk capabilities and attack resistance

SecurityScorecard has released an open-source benchmark, TPRM Benchmark, for testing whether AI models can handle third-party risk management tasks and whether they can withstand attacks such as prompt injection and jailbreaking. The capability tests are based on its own vendor risk telemetry data, with protected answers and rotating inputs; models receive autonomy levels from L0 to L4 based on repeated trial results. The attack resistance tests are conducted separately in the Model Security suite and are rated from A to F. Public version 2026.09 is now available for download, and participants can submit results to a public leaderboard; official expert-verified scores must be obtained through its internal tiers.

#Evaluations / benchmarks#Safety / alignment#Agents

SSiliconANGLE12:50

AI score40

Reflex Raises $14 Million Series A to Build Custom Business Apps for Enterprises with AI Agents

Reflex has raised a $14 million Series A round led by Standard Capital, with participation from Databricks Ventures, Y Combinator and others, bringing its total funding to $19 million. Its "software factory" workflow lets enterprises describe their requirements in natural language to build, deploy and maintain their own business applications, which can run on public clouds, in on-premises data centers or in air-gapped environments. Reflex originated from an open-source Python framework, with nearly 30,000 GitHub stars and 400,000 monthly downloads; Dell used it to build a server monitoring system for more than 6,000 employees.

#Industry news#Agents#English text is being prepared.

SSiliconANGLE12:50

AI score63

Serval raises $150 million at a $3 billion valuation to push automation agents beyond IT

Enterprise service management startup Serval announced it has completed a new $150 million funding round at a $3 billion valuation, aimed at expanding automation agents from IT into departments such as HR, finance and legal. The funds will also go toward Catalyst, launched in August, an agent that scans tickets to identify repetitive tasks and drafts automation workflows, which go live after administrator review; at the same time, Serval is building a ProServal professional services team and plans to hire more than 100 automation engineers over the next 12 months to work on-site with major customers. The round was led by Sequoia Capital, bringing Serval's total funding to $277 million; its customers include Fox Corp., WPP and Live Nation, and it sees ServiceNow as its main competitor.

Same story · 2 reports

#Industry news#Agents

SSiliconANGLE12:50Model releases

AI score81

Mistral Opens the Weights of Mistral Large 4, a 1-Trillion-Parameter Natively Multimodal Model

Mistral AI announced that it is opening the weights of its frontier model Mistral Large 4 (codename Le Chonk), which has 1 trillion parameters with 52 billion active parameters and native multimodal support. ML4 was trained in a European data center on 3,800 Nvidia Grace Blackwell GPUs, improving from 28% to 41% on Terminal-Bench 4.0, tying GLM-5.3 for the best coding-agent score while using an average of 47% fewer tokens per task. Open weights mean enterprises can deploy it on their own hardware and behind their firewalls, and the model offers three reasoning modes: low, medium, and high.

Same story · 15 reports

#Model releases#Open-source ecosystem#Multimodal

SSiliconANGLE12:50

AI score25

Intuit launches Accounting Futures course to reshape accounting education with AI and advisory skills

Intuit has launched a free course, Accounting Futures, combining AI application modules with training in durable skills such as communication, problem-solving, and judgment to help students adapt to advisory-oriented accounting roles. Students practice judgment through QuickBooks case studies based on real firm scenarios and can take part in paid micro-internships lasting a minimum of 10 hours; Intuit has also newly established Intuit Industry Advisors to strengthen its ties with the profession. David Zasada, Intuit's Vice President of Education and Corporate Engagement, said that as AI takes over repetitive tasks, client advisory roles are growing and pay more than entry-level positions.

#Industry news

SSiliconANGLE12:50

AI score41

Lab automation company Opentrons closes $40 million Series E funding

AI-driven lab robotics company Opentrons has closed a $40 million Series E funding round, led by Avego with participation from BroadOak Capital Partners, with the funds to be used to expand its robotics, software, and data infrastructure. Its two benchtop robots, Flex and OT-2, can automate experimental operations such as pipetting, DNA extraction, PCR, and protein purification. The company says it has deployed more than 11,000 robots in over 80 countries, covering 90% of the world's top 20 pharmaceutical companies.

#Industry news#Embodied AI#English text is being prepared.

SSiliconANGLE12:50

AI score20

Vast and Cloudera Join Forces to Build a Unified Data Foundation for Enterprise AI

Vast Data and Cloudera announced a partnership at EVOLVE26 to help enterprises build AI factories on a unified data foundation. The Vast platform lets applications access the same files through different storage protocols, reducing data copies and preventing expensive GPUs from waiting on data; Cloudera, meanwhile, is expanding its AI ecosystem and simplifying deployment through Anywhere Cloud data services and joint engineering blueprints.

#Industry news#English text is being prepared.#English text is being prepared.

SSiliconANGLE12:50

AI score31

Intuit on continuous close: AI lets accountants shift from year-end catch-up to daily advisors

Dixie McCurley, Intuit's resident managing partner, said at Intuit Connect that continuous close—closing the books daily rather than weeks after month-end—is becoming possible as AI shortens the lag between transactions and advice, allowing accountants to move from passive year-end adjustments to providing daily counsel. Intuit has launched Intuit Accountant Suite for accounting firms handling hundreds to thousands of client ledgers. McCurley stressed that numerical accuracy is the foremost test, and said efficiency is merely the baseline threshold, with AI set to unleash right-brain creativity.

#Industry news#Agents

SSiliconANGLE12:50

AI score18

The Motion Picture Association uses monday.com CRM to manage global anti-piracy cases, with an AI agent handling initial alert triage

The Motion Picture Association (MPA) legal operations team uses the CRM module on monday.com's AI work platform to manage piracy investigations and content protection cases across Asia-Pacific, Europe, Latin America, Canada, and the United States. A newly added AI agent handles initial triage of Trusted Partner Network security alerts, and was built by legal operations administrator Melisa King herself without any coding background. King said the module has shifted each region from working in silos to collaborating, and lets members view case progress in real time.

#Industry news#Agents#English text is being prepared.

SSiliconANGLE12:50

AI score17

AMD and Cloudera Discuss Rational Configuration of AI Infrastructure

AMD's Jeremy Girven said at EVOLVE26 that enterprises deploying AI should rationally configure infrastructure according to business needs: if end users can accept a 30-second response, cheaper hardware can be chosen; if instant response is required, more cutting-edge hardware is needed. AMD's collaboration with Cloudera includes continuously validating the compatibility of AMD products in Cloudera deployments, and current AI solutions remain highly customized. Girven also reminded enterprises to continuously monitor utilization and adjust capacity after deployment, while watching out for hidden costs such as network egress fees.

#Industry news#English text is being prepared.#English text is being prepared.