Palo Alto Networks beat Wall Street’s fiscal second-quarter estimates after the bell on Tuesday but shares fell 6% on disappointing guidance. Here’s how the company did versus LSEG estimates: Earnings per share: $1.03 per share excluding items vs. 94 cents expected Revenue: $2.59 billion vs. $2.58 billion expected The cybersecurity company forecasted lackluster earnings for…
Figma Inc. signage during the company’s initial public offering at the New York Stock Exchange on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Figma is partnering with Anthropic and launching a feature called “Code to Canvas” that converts code generated in artificial intelligence tools like Claude Code into fully editable designs inside…
Preteen girl at desk solving homework with AI chatbot. Phynart Studio | E+ | Getty Images The UK government is closing a “loophole” in new online safety legislation that will make AI chatbots subject to its requirement to combat illegal material or face fines or even being blocked. After the country’s government staunchly criticized Elon…
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images China’s rapid advancement in AI is threatening to shake up U.S. dominance in the market, with one analyst warning of a tech shock that is just getting started. Rory Green, TS Lombard’s chief China economist and head…
US President Joe Biden looks on as India’s Prime Minister Narendra Modi speaks during a meeting with senior officials and CEOs of American and Indian companies, in the East Room the White House in Washington, DC, on June 23, 2023. Brendan Smialowski | AFP | Getty Images Big technology executives descend on India this week…
AI disruption jitters have ripped through global stock markets over the last couple of weeks, with sectors across the spectrum ending up in the crosshairs of investors looking to bet on which industry could be upended by the inevitable wave of agentic AI. There will almost certainly be more of these moments this week, as…
The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai, China, on July 5, 2024. Nurphoto | Nurphoto | Getty Images While U.S. markets have been focused on the impact of Anthropic and Altruist’s tools on software and financial services, China’s tech giants have released AI models…
The Seahawks may have won the Super Bowl, but Anthropic also walked away with bragging rights, according to data analyzed by BNP Paribas. The maker of the Claude chatbot saw visits to its site jump 6.5% following its Super Bowl advertisement that took a swing at rival OpenAI’s decision to bring ads to ChatGPT. The…
Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services. Bloomberg | Bloomberg | Getty Images BEIJING — Baidu plans to give users of its main smartphone app direct access to the wildly popular artificial intelligence tool OpenClaw, according to a spokesperson for the Chinese tech company….
Boston Dynamics, the Massachusetts robotics company known for its four-legged robots and humanoids, is undergoing a leadership change. Robert Plater announced in an internal memo on Tuesday that he will step down as chief executive of the company. As first reported by A3. Amanda McMaster, the company’s chief financial officer, will step in for the…
