ServiceNow Shares Have Worst Day Ever After Q3 Results
ServiceNow shares fell 27% after third quarter adjusted earnings missed analyst estimates, putting the stock on course for its worst session on record.
Business applications of AI across industries, including corporate implementations, workflow automations, and solutions for operational efficiency.
ServiceNow shares fell 27% after third quarter adjusted earnings missed analyst estimates, putting the stock on course for its worst session on record.
Ropes & Gray is developing a proprietary AI tool with OpenAI to review documents during transactional diligence. The tool categorizes data rooms, groups related documents, creates summaries and drafts reports for lawyer review.
UK business adoption of AI rose from 16% in 2025 to 32% in 2026, with most companies using accessible tools for administration and productivity.
Serval raised $150 million in a Series C round at a $3 billion valuation to expand its automation software beyond IT teams.
ActivTrak's analysis of 9,140 knowledge workers found that AI users had workdays up to 90 minutes longer than nonusers. Heavy users also switched applications more often and had shorter focus sessions.
A Deloitte survey finds that 28% of companies report revenue gains from AI, up from 20% in January, while gaps remain in organizational change, cost tracking and accountability.
The Slack Code API lets developers build agents that create dedicated code channels, share progress, involve teammates, and archive the channels when work ends.
Ravical has raised $17 million in seed funding to develop its AI platform for accounting and tax firms and expand into new markets.
Oracle expects free cash flow to reach $30 billion in fiscal 2029 and plans to limit new fundraising to $20 billion through May 2030.
Microsoft reported $92.3 billion in fiscal first quarter revenue, while Azure revenue rose 48% and Microsoft Cloud revenue reached $63.9 billion.
HPE selected ServiceNow as the support services platform for its Cloud and AI business under a five year agreement.
Google is expanding ads in AI Mode to international markets as Alphabet reports slower Search advertising growth and a sharp increase in Google Cloud revenue.
GitHub has released Copilot Fusion, a system that automatically selects and coordinates AI models for coding tasks. It is available across all Copilot plans.
FluxCap uses AI to review documents, conduct research and support legal strategy, initially for antitrust cases.
Microsoft generated $10 billion in quarterly revenue from commercial arrangements with OpenAI, representing nearly 11% of its total revenue.
Oracle is developing AI Workspace to connect its applications and data with ChatGPT. The companies also introduced tools for security, application creation, and small businesses.
Claude Enterprise now includes smart reports, surveys inside Claude and pooled group budgets for tracking usage, collecting feedback and managing spending.
Google's Connected Apps Platform lets developers integrate their services with Gemini and Search through MCP servers or Android APIs.
A new GSA agreement gives federal, state, local, tribal and territorial governments a 40% discount on Claude products and the Claude API.
BQuant Assistant uses natural language prompts to generate Python code, query Bloomberg data, debug notebooks and create visualizations.
Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.