Entrepreneur News Network

ServiceNow Beats Q2 Expectations as AI Business Crosses US$1 Billion Annual Contract Value

Servicenow

ServiceNow has reported stronger-than-expected financial results for the second quarter of fiscal 2026, exceeding the high end of its guidance across revenue and profitability while raising its full-year subscription revenue outlook. The enterprise software company reported subscription revenue of US$3.877 billion for the quarter ended June 30, 2026, representing 24.5% year-over-year growth. Total revenue reached … Read more

Cribl Acquires Israeli Cybersecurity Startup CardinalOps to Strengthen AI-Powered Security Platform

Cribl Founder

San Francisco | Tel Aviv: U.S.-based telemetry management company Cribl has announced the acquisition of Israeli cybersecurity startup CardinalOps, strengthening its artificial intelligence-driven cybersecurity platform and expanding its global operations. While the companies did not officially disclose the financial terms of the transaction, industry estimates value the deal at approximately $100 million. The acquisition is … Read more

IMDA and Microsoft Partner to Advance AI Safety, Security, and Responsible Innovation

Microsoft

The Infocomm Media Development Authority (IMDA) and Microsoft have signed a strategic agreement to deepen collaboration on artificial intelligence (AI) safety, security, and responsible AI development, reinforcing Singapore’s position as a global leader in trusted AI governance. The partnership aims to support the safe, secure, and ethical deployment of advanced AI technologies through joint research, … Read more

Former Amazon AI Leader Karthik Ramakrishnan Joins Google Cloud as VP in Data Cloud Division

Karthik Ramakrishnan

Silicon Valley, CA: Karthik Ramakrishnan, a veteran AI executive who spent 14 years at Amazon, has joined Google Cloud as Vice President within its Data Cloud organization. Ramakrishnan, who played a key role in shaping Amazon’s AI strategy, announced the move in a LinkedIn post, describing his new role as part of the emerging “Agentic … Read more

Microsoft’s $3 Billion Commitment to Transforming India’s AI and Cloud Landscape

Microsoft chairman and CEO, Satya Nadella

In a significant boost to India’s AI and cloud ecosystem, Microsoft Chairman and CEO Satya Nadella announced a $3 billion investment during his visit to the country. This initiative, planned over the next two years, includes developing advanced AI infrastructure, establishing new datacenters, and skilling millions of Indians in AI technologies. This investment aligns with … Read more

Microsoft named Puneet Chandok to lead India operations

Microsoft today announced Puneet Chandok’s appointment as Corporate Vice President of Microsoft India and South Asia. Effective September 1, 2023, he will assume the operational responsibilities from Anant Maheshwari. Supported by a strong leadership team, Puneet will oversee the integration of Microsoft’s businesses across South Asia, including Bangladesh, Bhutan, Maldives, Nepal, and Sri Lanka, further … Read more

Hexaware collaborates with Microsoft to propel innovation with generative AI

Hexaware, a prominent global leader in IT services and digital solutions, has joined forces with Microsoft in an exciting collaboration aimed at advancing technology for businesses that are eager to embrace the future by harnessing the potential of generative artificial intelligence (AI). At the heart of this partnership lies Hexaware’s knowledge ecosystem solution, Tenjin for … Read more

Infosys Collaborates with Microsoft to Accelerate Industry Adoption of Cloud

Infosys, a global leader in next-generation digital services and consulting, today announced that it will expand its collaboration with Microsoft, to help accelerate enterprise cloud transformation journeys worldwide. According to the Infosys Cloud Radar, enterprises can add up to $414 billion in net new profits, annually, through effective cloud adoption. The report also calculated that adopting cloud improved … Read more

FedEx and Microsoft announce new cross-platform logistics solution for e-commerce

FedEx Corp. (NYSE: FDX) and Microsoft Corp. (Nasdaq: MSFT) announced the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics as a service” for retailers, merchants and brands. The companies … Read more

Microsoft Leads $27M Funding Round for Crypto Startup Palm NFT Studio

Palm NFT Studio, a cryptocurrency startup, announced on Thursday that it has raised $27 million in an early-stage fundraising round headed by Microsoft Corp’s venture fund M12, with participation from Griffin Gaming Partners. Palm NFT, a company co-founded by Joseph Lubin, assists artists in establishing NFT marketplaces. Lubin was also a co-founder of ethereum, the … Read more