General Compute raises $100M Series A at an $800M valuation for non-Nvidia inference cloud
General Compute raised a $100M Series A at an $800M valuation, led by Blackbird and Abstract, to build an inference cloud on chips from Nvidia rivals.
Archive
Every acquisition, funding round and product launch that matters, in one five-minute email.
Hex raises $100M at a $1.2B valuation and rebuilds its analytics platform for AI agents
Hex raised $100M at a $1.2B valuation, led by Peak XV and 137 Ventures, and released Hex 4.0, a rewrite of its analytics platform built for AI agents.
Oracle will offer Google TPUs on OCI starting in 2027
Oracle will offer Google's TPUs through OCI from 2027, the first time Google's AI chips will be sold through another hyperscale cloud.
Hyperbolic raises $30M Series A-1 led by Walden Catalyst for GPU compute marketplace
Hyperbolic, which aggregates GPU capacity across providers, raised a $30M Series A-1 led by Walden Catalyst, with Dell Technologies Capital and General Catalyst joining.
Hyphenate raises $45M Series A led by Nexus for AI finance agents
Hyphenate, formerly Maximor, raised a $45M Series A led by Nexus Venture Partners for AI agents that run accounting, treasury and order-to-cash work.
Manhattan Associates posts $306.2M quarter as cloud revenue rises 28%
Manhattan Associates reported $306.2M in Q3 revenue as cloud subscription revenue rose 28% to $134.4M, and guided 2026 revenue to $1,176M–$1,178M.
Oracle will sell Snowflake as a native OCI service billed through Oracle
Snowflake's AI Data Cloud will run as a first-party OCI service that customers buy through Oracle and can pay for with Universal Credits. No launch date was given.
Oracle adds four OpenAI-powered offerings, including a ChatGPT front end for its apps
Oracle announced four products built with OpenAI, led by AI Workspace, which lets employees work across Fusion, NetSuite and OCI from ChatGPT. No availability dates were given.
SAP adds agent monitoring to Joule Studio and waives custom agent runtime fees through December
SAP gave Joule Studio controls to track agent behavior, model usage and spend, and will let select customers run custom agents on its managed runtime free through December 2026.
Protectt.ai takes controlling stake in Bosch-incubated AI security platform AIShield
Protectt.ai is taking a controlling stake in Bosch-incubated AIShield to add AI model and agent security to its mobile security business; Bosch keeps a minority stake and terms are undisclosed.
Commvault subscription revenue rises 21% to $269M as ARR reaches $1.104B
Commvault's subscription revenue grew 21% to $269M in its fiscal second quarter, and subscription ARR rose 20% to $1,104M.
Guidewire agrees to buy hyperexponential for $1.7B
Guidewire will pay $1.7B in cash, plus up to $400M in earnouts, for London-based hyperexponential, adding AI underwriting and pricing software for commercial insurers to its core insurance platform.