Alphabet sheds about $500B in its worst day as AI spending eats cash
Latest news
- Harvey acquires AI sales startup Aida, its fifth deal of 2026
- GoDaddy tops Q3 forecast as Airo doubles, but A&C growth slows to 9%
- Big Tech spent 90% of its operating cash on capex and raised $358.6B
- FTC and eight states sue Toast over fees and hard-to-cancel plans
- Cohere targets C$7B Series E at C$35.7B as Ottawa commits up to C$1.6B
- Serval raises $150M Series C led by Sequoia at a $3B valuation
SaaS markets
The Briefing
All news- DOJ questions Nvidia's $12.93B Hugging Face deal, Reuters reports
- Oracle bills Fusion AI agents' work in 1-cent units, on top of seats
- Twilio tops Q3 guidance, sees organic growth slowing to 11% to 12%
- Salesforce to acquire Rune Technologies, a military logistics startup
- DoorDash to acquire Instacart for $17B at $65 a share
- Azure grew 48%, Microsoft 365 17%: infrastructure outgrows the apps
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- Web Summit Qatar 2027
- HumanX 2027
- Adobe Summit 2027
- Google Cloud Next 2027
- MicroConf US 2027
- Atlassian Team '27
- Stripe Sessions 2027
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- SaaStr AI Annual 2027
- Web Summit Vancouver 2027
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