Microsoft’s Copilot daily users grew five times in a year, Nadella says
Microsoft’s Copilot daily users grew five times in a year, Nadella says

Copilot daily users grew nearly 50% in the three months to September, Microsoft chief executive Satya Nadella said. That is more than five times as many as a year earlier. Microsoft still did not say how many people pay for it, Jordan Novet reported fo…

Microsoft made $10bn from OpenAI last quarter, 11% of its revenue
Microsoft made $10bn from OpenAI last quarter, 11% of its revenue

Microsoft recorded $10bn of revenue from its business with OpenAI in the three months to September, about 11% of its total revenue. Microsoft disclosed the amount in its quarterly filing on Wednesday, the day it reported its results. It is the first ti…

Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports
Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports

Chipmaker Marvell Technology is in advanced talks to buy Lumentum, which makes the lasers that move data between AI chips. Marvell would likely pay in shares, and the companies could announce a deal as soon as next week, according to Bloomberg. Ryan Go…

Deepgram buys Pipecat maker Daily and keeps the voice AI framework open
Deepgram buys Pipecat maker Daily and keeps the voice AI framework open

Voice AI company Deepgram is buying Daily, the maker of Pipecat, an open-source framework for building voice agents. Pipecat will stay open source and free under its existing BSD V2 licence. The companies are also setting up an independent Pipecat Foun…

Serval raises $150m at $3bn valuation to replace ServiceNow with AI agents
Serval raises $150m at $3bn valuation to replace ServiceNow with AI agents

Serval has raised $150m in a Series C round led by Sequoia, valuing the San Francisco company at $3bn. That is three times the $1bn valuation it reached in December, when it raised $75m. Serval announced the round on Thursday in a blog post and a press…

Alphabet’s AI commitments pass $1tn, its quarterly filing shows
Alphabet’s AI commitments pass $1tn, its quarterly filing shows

Alphabet’s quarterly filing, published on Thursday, puts its future payments for computing, energy and data centres at more than $1tn. These Alphabet commitments do not appear on its balance sheet, the filing says. Davey Alba reported the figures for B…

Alphabet shares fall 12% after Google says AI Mode searches earn less
Alphabet shares fall 12% after Google says AI Mode searches earn less

By 9:35am in New York on Thursday, Alphabet had lost $511bn in market value, Julia Love and Davey Alba reported for Bloomberg. The shares were down more than 12%. It was the company’s biggest market value loss on record. A close more than 9.77% lower w…

ServiceNow shares fall a record 25% after its bookings outlook misses
ServiceNow shares fall a record 25% after its bookings outlook misses

ServiceNow shares fell as much as 25% to $112.37 after markets opened in New York on Thursday. It was the biggest intraday drop since the company went public in 2012, Brody Ford reported for Bloomberg. The stock was on course for its worst day on recor…

Leak exposes 41,000 Homeland Security staff, including ICE and CBP agents
Leak exposes 41,000 Homeland Security staff, including ICE and CBP agents

Records on more than 41,000 employees and contractors of the US Department of Homeland Security (DHS) are now online. They include names, email addresses, phone numbers, job titles and office locations. The staff work for Immigration and Customs Enforc…

Pentagon suspects hackers behind freezer failures at US base stores
Pentagon suspects hackers behind freezer failures at US base stores

The Pentagon is investigating whether hackers caused freezers to fail at shops on US military bases in August, after a similar attack hit hundreds of supermarkets in France this month. Four officials told Reuters on Thursday that investigators are trea…