Analysis of Google’s Character.ai Acquisition

According to a recent report, the global generative AI market is expected to grow 34% annually over the next few years to reach $255.8 billion by 2033 from $13.5 billion in 2023. It is no surprise then that companies big and small are all reaching out to expand their presence in the industry.

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AI Unicorns: Cyera Uses LLMs for Data Security

According to a recent research report, the global data-centric security market was pegged at $4.2 billion in 2022 and is expected to grow 24% annually to $12.3 billion by 2027. San Mateo-based Cyera, is a rapidly growing player in the market that recently closed a $300 million funding round that sent it into the Unicorn club.

AI Unicorns: Weka Accelerates AI Model Training

According to a recent research report, the global AI data management market is estimated to grow 23% annually through to 2030. The market was pegged at $25.53 billion in 2023. Campbell, California-based Weka is a fast growing company in the space.

IPOs 2024: U-BX Technology Needs to Work on its Business Model

Earlier this year, Chinese insurance tech solutions provider U-BX Technology (Nasdaq : UBXG) listed in the US. The company has had a disappointing run so far.

IPOs 2024: Waystar Delivers a Successful IPO

Earlier this year, healthcare payments technology provider, Waystar (Nasdaq: WAY) went public to a tepid debut. The market seems to have improved now and the stock has been climbing since.

Cloud Stocks: Klaviyo Targets Social Commerce

According to a recent report, the global MarTech spend is projected to grow at 13% CAGR to reach $215 billion by 2027 from $131 billion in 2023. Klaviyo (NYSE: KVYO), a relatively newer public company, recently announced its quarterly results that display the same bullishness.

Cloud Stocks: Workday Wants AI to Reimagine End to End Business Processes

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its second quarter results that surpassed market expectations. The better-than-expected earnings outlook sent the stock soaring 12% in the after-hours trading session.

Cloud Stocks: Salesforce Preps to Enter Veeva’s Territory

Veeva (NYSE: VEEV) recently announced its quarterly results that continued to impress the market. Vault CRM continues to remain the buzz word for Veeva as Salesforce gears up for more direct competition with it.

Cloud Stocks: Tempus AI Eyes Expansion in Japan

Recently listed Tempus AI (Nasdaq: TEM) announced their first results since it went public. The company announced a strong performance driving its stock upwards.

Cloud Stocks: Analysis of Salesforce’s Tenyx Acquisition

Recently, Salesforce (NYSE: CRM) announced its second quarter results that beat the market expectations and helped the stock climb 4% in the after-hours trading session. The company remains focused on AI, and recently announced the acquisition of Tenyx to continue to add to its AI portfolio.