Nebius Q2 revenue jumps 454% to $582.3M
AI cloud provider Nebius reported Q2 2026 revenue of $582.3M, up 454% year over year, and a net loss of $190.4M.
Topic
News
Recent deals in News
See all in trackerAll deals →Stories
Lovable raises $400M Series C at a $13.3B valuation
AI app-building startup Lovable raised $400M at a $13.3B valuation, roughly doubling its December 2025 valuation. It says employees at nearly two-thirds of the Fortune 500 now use the product.
Cisco posts $17.3B fourth-quarter revenue, up 18%
Cisco reported fiscal Q4 2026 revenue of $17.3B, up 18% year over year, with product orders up 35%. It took $4B in AI infrastructure orders from hyperscalers in the quarter.
Epicor names president Vaibhav Vohra CEO as Steve Murphy steps down Oct 1
ERP vendor Epicor will make president and chief product and technology officer Vaibhav Vohra its CEO on Oct 1, 2026. Steve Murphy leaves the role at the end of the fiscal year on Sep 30 but stays on the board.
CoreWeave Q2 revenue rises to $2,575M as backlog hits about $104B
CoreWeave reported Q2 2026 revenue of $2,575M, up from $1,212M a year earlier, and a revenue backlog of about $104B. Its net loss widened to $626M.
River AI raises $1.1B two months after founding
River AI, the startup led by xAI co-founder Igor Babuschkin, raised $1.1B to sell an API that lets developers and enterprises fine-tune and serve their own open-weight models.
OpenAI adds $125-a-month premium seats to ChatGPT Business
OpenAI introduced premium ChatGPT Business seats at $125 per user per month, or $100 billed annually, giving five times the usage of $25 standard seats as agent workloads consume more capacity.
N-able Q2 revenue grows 5.9% to $138.2M
N-able's Q2 2026 revenue rose 5.9% to $138.2M and ARR rose 6.0% to $544.5M. The IT management and security software vendor updated full-year ARR guidance to $562M-$565M.
monday.com grows Q2 revenue 22% to $364.6M
monday.com reported Q2 2026 revenue of $364.6M, up 22% year over year, and guided full-year revenue to $1,466M-$1,474M. Customers paying over $100,000 a year rose 37% to 2,019.
Rapid7 revenue slips 1.5% to $210.9M as it cuts about 12% of staff
Rapid7's Q2 2026 revenue fell 1.5% to $210.9M and ARR fell 2% to $824.0M. The security vendor disclosed a restructuring that affects about 12% of its workforce.
OpenAI's purchase of presentation startup NextSlide comes to light
OpenAI acquired NextSlide, which turned notes and documents into editable presentations, according to its founder. The deal closed earlier in 2026 and was disclosed on Aug 8.
Bentley Systems Q2 revenue up 12.8% to $410.7M
Bentley Systems' second-quarter revenue rose 12.8% to $410.7M, and ARR reached $1,536.0M. The infrastructure engineering software maker said it is tracking favorably within its full-year outlook.