Author: Press Room

Borr Drilling press release (BORR): Q2 GAAP EPS of -$0.79 misses by $0.67. Revenue of $232.3M (-13.2% Y/Y) misses by $15.29M. Second Quarter Adjusted EBITDA1 of $43.8 million, a decrease of $44.7 million or 51% compared to the first quarter of 2026.

A mysterious new function has been appearing for some users of ChatGPT’s Plus plan.A Reddit user on ChatGPT’s $20 monthly plan posted in the ChatGPT forum on Monday, saying they were presented with a black “pay $8 to reset” button when they logged in and found that their weekly usage quota had been maxed out.The pay-to-reset feature wasn’t formally announced before it was first spotted. The company introduced banked Codex resets for eligible Plus and Pro users in June, including a free reset at launch and resets earned through referrals.According to OpenAI’s Codex, a “full reset” is defined as renewing…

Earnings Call Insights: Lumentum (LITE) Q4 FY2026 Management View CEO Michael E. Hurlston framed the quarter around AI-driven optical connectivity, saying, “Revenue surged 109% year-over-year to $1.01 billion” and that the company posted “our third consecutive quarter of greater than 20% sequential growth.” He highlighted mix and execution asSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is…

Kevin Weil, the former chief product officer of OpenAI, has sought a valuation of at least $750 million for a new AI science startup, in the latest example of AI pushing into science. Weil is aiming to raise $150 million in the round, according to three people with knowledge of the discussions. The details have not been finalized yet and could still change.Weil did not respond to a request for comment.Weil’s fundraising is a broader sign that AI’s next frontier is shifting from chatbots to science. A growing number of OpenAI and Google alums are launching startups that promise to…

Twas the night before Jeff Dean left Google, and he was up at 2 a.m. responding to messages.Dean left the search giant last week to build his own AI startup, Discovery Loop. He was Google’s 30th employee, spending decades climbing the ladder to his final role of chief scientist. So, he had a lot of goodbye chats to respond to.At the KDD Conference in Jeju, South Korea, Dean shared the hourly schedule of his final two days at Google.”For my Google colleagues who might have sent me internal chat messages after I closed my laptop for a final time on…

Earnings Call Insights: Super Micro Computer, Inc. (SMCI) Q4 fiscal 2026 Management view “Fiscal year 2026 was a historic milestone for Super Micro as we nearly doubled our revenue year-over-year, growing from $22 billion last year to $39 billion fiscal year ’26.” (Founder, Chairman of theSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational…

Oracle has drawn up plans for a new round of job cuts to reduce payroll as it racks up billions in debt to fund AI infrastructure, according to people familiar with the plans and an internal document viewed by Business Insider.The cuts could reach double-digit percentages on some teams, according to the document. The company has requested managers provide lists of affected employees, with the intention of reducing payroll by the time the second quarter begins on Sept. 1, according to one of the people with direct knowledge.Oracle declined to comment.This potential round of layoffs follows cuts earlier this year.…

Some adventurous travelers are skipping the crowds on the ground to watch Wednesday’s solar eclipse from thousands of feet in the air, thanks to a handful of specially arranged airline and charter flights.Brussels Airlines is flying 100 people over France to view the partial eclipse, Aerospace Global News reported. The flight, in partnership with the Urania Public Observatory in Switzerland, is sold out. Tickets were about $350 a person.The aisle seats will be left open to give people more space to see out the windows. The four-hour experience will include about two hours in the sky.Seeing the phenomena at altitude…

DoorDash is set to become a Nevada-incorporated company.Shareholders controlling 54.2% of the delivery service’s voting power agreed to end its incorporation in Delaware and head west, according to a Tuesday filing with the Securities and Exchange Commission.The move was made with the written consent of the shareholders, including cofounders Tony Xu, Andy Fang, and Stanley Tang, according to the filing. DoorDash’s board had unanimously recommended reincorporating in Nevada.DoorDash is the latest company to decide to move out of Delaware. While it’s long been the top state for companies looking to incorporate, big names from Roblox to VC firm Andreessen Horowitz…

This week, Anthropic announced that it will be adding in a watermark to its outputs, making it highly detectable to tell if something was “processed by Claude.”This should strike fear into the hearts of any students who have become addicted to the sweet, sweet nectar of AI-written term papers and homework. Or anyone using AI to write their emails or LinkedIn posts who isn’t willing to proudly own that fact.How embarrassing to be caught Claude-handed! Or… is it?The rise of AI watermarking makes me wonder: How much do people care if their AI use is outed? If we look at…