Agentic AI: Analysis of ServiceNow’s $2.85B Moveworks Acquisition

The high growth Agentic AI market has attracted several big and niche players in the market. The industry is bound to see some consolidation. One such player is Mountain View-based Moveworks, which was recently acquired by ServiceNow (NYSE: NOW) for an estimated $2.85 billion.

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Agentic AI: Cognition AI Soars on Devin’s Success

According to a recent report, the global agentic AI in Enterprise IT is projected to grow 46% annually over the next ten years to reach $182.9 billion by 2034 from $4.1 billion in 2024. The technology is expected to have a big impact across multiple use cases and is already significantly impacting the software development life cycle through its ability to code and test during the development process. San Francisco-based Cognition AI is known for its pioneering AI coder Devin.

Ultralight Startup Midjourney Bootstraps to $200M in Revenue

The global AI image generator market is estimated to grow 17% CAGR to $917.4 million market by 2030 from $300 million in 2023. While tech giants like Adobe and OpenAI keep improving their GenAI capabilities, there are also several smaller companies like Midjourney that are managing to make their mark in the industry while remaining very lean.

Ultralight Startup Telegram Stands to Gain from European Anti-American Mood

After years of losses, it looks like the messaging app Telegram will soon turn profitable. The company has had a very interesting journey so far.

AI Unicorns: Synthesia Successfully Integrates AI in Video Content Creation

Through a recent funding round, London-based Synthesia recently became the UK’s most valuable Gen-AI media company. The company continues to grow rapidly within the video-content creation space.

Cloud Stocks: Atlassian’s Enterprise Focus is Paying Off

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) announced its second quarter results recently that surged past market expectations. The company’s stellar performance drove the stock 19.5% higher in the after-hours trading session, sending it to a 3-year high.

Cloud Stocks: ServiceTitan Tests IPO Waters Successfully

Glendale, California-based ServiceTitan (Nasdaq: TTAN) that focuses on providing an operating solution for tradespeople went public last year. The stock has had a fair run so far.

DeepSeek Heralds the Golden Age of Bootstrapped Entrepreneurship

Early this year, AI development firm DeepSeek took the tech world by storm with its cost-effective AI models. It reached 100 million users in just 20 days while ChatGPT reached the same milestone in two months. The cherry on the cake is that it took a fraction of the cost. That’s truly inspiring for bootstrapping entrepreneurs!

China Problems Kick in for Apple

Apple (Nasdaq: AAPL) announced its first quarter results that continued to outpace market expectations. However, Apple’s disappointing iPhone sales and China performance did not please the market.

Cloud Stocks: Amazon Includes DeepSeek Model in Bedrock Marketplace

Last week, Amazon (NASDAQ: AMZN) announced its fourth quarter results that surpassed market expectations. However, its stock slumped following a weak outlook.