Duncan Riley
Latest from Duncan Riley
Shares of Block Inc. surged more than 23% in late trading today after the financial services company announced that it was laying off more than 4,000 people from its approximately 10,000-person workforce alongside an earnings beat in its fiscal fourth quarter. For …
Versa rolls out Sovereign SASE-as-a-Service to keep data and control planes within national borders
Versa Networks Inc. today announced the general availability of Sovereign SASE-as-a-Service, a fully managed sovereign secure access service edge offering delivered from infrastructure operated entirely within an organization’s legal jurisdiction. The solution has been designed to provide comprehensive SASE functionality, with the …
Google brings robotics software company Intrinsic in-house to accelerate physical AI
Google LLC announced today that it’s bringing robotics software company Intrinsic Innovation LLC into its core operations to accelerate development of physical artificial intelligence as part of its push to extend AI beyond digital applications and into real-world industrial environments. The move …
C3 AI shares plunge as earnings miss, shrinking sales and weak outlook rattle investors
Shares in C3.ai Inc. cratered more than 20% in late trading today after the artificial intelligence software maker fell well short of expectations in its fiscal 2026 third quarter. It also gave fourth-quarter guidance that was well below expectations amid declining revenue …
Zoom shares sink after earnings miss and weaker fiscal 2027 outlook
Shares in Zoom Communications Inc. slumped nearly 3% in late trading today after the online communications company fell short of fiscal fourth-quarter earnings expectations and also missed on its first quarter and full-year earnings outlooks. For the quarter that ended on Jan. …
Nutanix rallies on strong quarter and AMD investment as Everpure tops estimates
Shares of Nutanix Inc. and Everpure Inc., formerly Pure Storage Inc., both rose in late trading today as the companies whose products are often bought together impressed investors with earnings beats in their respective quarters. Nutanix’s shares, up about 15%, may have …
Lightrun debuts real-time AI site reliability engineer for autonomous software remediation
Software observability startup Lightrun Inc. today announced the launch of an artificial intelligence site reliability engineer. It allows AI agents and engineering teams to create missing evidence dynamically without redeployments, prove root causes with live execution data and validate fixes directly in live environments. …
AI accounting startup Basis secures $100M at $1.15B valuation as firms adopt agent-based workflows
Artificial intelligence agent platform for accountants startup Basis today revealed that it has raised $100 million in new funding on a $1.15 billion valuation to accelerate development of its platform and to increase its headcount. Founded in 2023, Basis offers software designed to …
Profound raises $96M at $1B valuation for AI discovery monitoring platform
Artificial intelligence discovery monitoring platform company Profound today announced that it had raised $96 million in new funding on a $1 billion valuation to expand its AI visibility monitoring and automation platform to support greater enterprise usage and to accelerate development of …
Veeam launches Agent Commander to tackle AI risk and reverse agent mistakes
Data management and data protection solutions provider Veeam Software Group GmbH today announced the launch of Agent Commander to help organizations safely detect artificial intelligence risk, protect AI systems and undo AI mistakes by empowering them to address AI-driven risks and securely scale AI …