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Edge Total Intelligence Recognized in the Gartner Hype Cycle for the Future of Enterprise Applications, 2024
Newsfile· 2025-06-12 07:01
Edge Total Intelligence Recognized in the Gartner Hype Cycle for the Future of Enterprise Applications, 2024$32B Global IT Services Analyst, Gartner (IT), Provides Guidance on FutureJune 12, 2025 3:01 AM EDT | Source: Edge Total Intelligence Inc.Arlington, Virginia--(Newsfile Corp. - June 12, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5i) ("edgeTI", "Company"), a leading provider of real-time digital twin software, announces the Company was Recognized by Gartner® ( ...
Aerospace and defense leaders are prioritizing digital continuity to tackle industry disruption
Globenewswire· 2025-06-12 06:30
Press contact: Florence Lièvre Tel.: +33 1 47 54 50 71Email: florence.lievre@capgemini.com Aerospace and defense leaders are prioritizing digital continuity to tackle industry disruption 77% of aerospace and defense leaders believe improving digital continuity will accelerate production ramp-up as it drives shorter time to market, with a 13% reduction on averageMore than 8 out of 10 (86%) defense organizations recognize the need to integrate AI and gen AI in engineering and product development Paris, June ...
Oracle shares jump on upbeat cloud outlook, Q4 earnings beat
Proactiveinvestors NA· 2025-06-11 20:26
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Elastic(ESTC) - 2025 FY - Earnings Call Transcript
2025-06-11 20:00
Financial Data and Key Metrics Changes - The company positions itself as a "Search AI company," focusing on providing high-performance solutions for storing, searching, and analyzing vast amounts of data [5][6] - The core technology is centered around Elasticsearch, which serves as the primary data storage and processing engine [8] Business Line Data and Key Metrics Changes - The company markets its offerings in three main areas: developer tools, observability products, and security solutions [9][12] - The observability product combines unstructured log messages with structured metrics and traces to identify operational issues [10] - The security product is described as a modern SIEM that goes beyond traditional capabilities, addressing the increasing complexity of security threats [11][49] Market Data and Key Metrics Changes - The company has seen a diverse range of use cases for Elasticsearch, from traditional search applications to more complex scenarios like transaction tracking and logistics [15][19] - The advent of AI has expanded the potential applications of Elasticsearch, with a focus on semantic and vector search capabilities [21][25] Company Strategy and Development Direction - The company aims to simplify the developer experience by providing out-of-the-box tools for building generative AI applications [36][37] - There is a strong emphasis on integrating AI capabilities into their products, including features like vector search and semantic search to enhance search relevance [25][26] - The acquisition of Keep Alerting is seen as a strategic move to enhance workflow automation capabilities in both security and observability [64][66] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that customers are at various stages of maturity in adopting generative AI applications, with some already in production while others are still experimenting [39][40] - The importance of providing accurate and contextually relevant information is highlighted as critical for the success of AI applications [72][75] Other Important Information - The company has established partnerships with major AI model providers to enhance its offerings and ensure compatibility with various AI frameworks [32][68] - The focus on security is underscored by the need for per-user and per-document security measures, which are critical for enterprise applications [80][81] Q&A Session Summary Question: What is Elastic's overall strategy regarding AI? - The company is focused on building core components for developers while also utilizing these components in their observability and security solutions [23][24] Question: Are customers still in the experimental stage with generative AI applications? - Customers are at different maturity levels, with some already deploying generative AI applications in production [39][40] Question: How does Elastic position itself in the security space? - The company provides a comprehensive security suite, including a modern SIEM with prebuilt detection rules and AI-powered features [46][49] Question: What is the integration with NVIDIA's enterprise AI factory about? - The partnership aims to leverage NVIDIA's capabilities for running AI workloads, enhancing the company's offerings in the AI space [90]
Disney, Universal sue AI firm for copyright infringement: ‘Bottomless pit of plagiarism'
New York Post· 2025-06-11 18:33
Core Viewpoint - Disney and Universal have initiated a copyright lawsuit against Midjourney, marking a significant legal confrontation between major Hollywood studios and generative AI technology [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in federal district court in Los Angeles, alleging that Midjourney has pirated the libraries of Disney and Universal to create and distribute unauthorized copies of their iconic characters, including Darth Vader and the Minions [2][8]. - The complaint describes Midjourney as a "quintessential copyright free-rider" and emphasizes that the use of AI does not exempt the company from copyright infringement [3][5]. Group 2: Company Response and Context - Disney and Universal claim that Midjourney has ignored their requests to cease infringing activities and to implement technological measures to prevent such image generation [6]. - Midjourney's CEO, David Holz, previously characterized the service as a "search engine" for images, suggesting that copyright concerns should evolve alongside human creativity [7][10]. - The lawsuit is part of a broader trend, with increasing legal actions against AI developers, including cases against OpenAI and Anthropic, and a notable trial involving Getty Images and Stability AI in London [12].
Disney and Universal sue Midjourney, alleging AI-related copyright infringement
TechCrunch· 2025-06-11 17:34
In Brief Disney and Universal have sued generative AI platform Midjourney for allegedly training its art-generating and -editing models on their content with permission. Disney and Universal filed a lawsuit Wednesday claiming that Midjourney ignored their earlier requests to cease violating their intellectual property rights, according to The Wall Street Journal. The suit, filed in the U.S. District Court for the Central District of California, includes dozens of examples of images generated by Midjourney t ...
Embarking on your Generative AI Journey with Google | Pritam Sahoo | TEDxDSATM
TEDx Talks· 2025-06-11 15:53
So if you look at uh what has happened right in genative AI we are in the phase two of genative AI if you want to understand there where we are at and genative AI has taken the world by storm and what I mean to say it has disrupted every industry and it has truly changed everything look at enterprises they're looking to get started on genative AI use cases to solve the business problem and in Today's era of agentic AI which I am going to talk about in late is more about productivity and creativity space whe ...
FiscalNote Holdings (NOTE) FY Conference Transcript
2025-06-11 15:00
FiscalNote Holdings (NOTE) FY Conference June 11, 2025 10:00 AM ET Speaker0 Good morning. My name is William. I'm with three their CEO, Josh Josh Resnick. Josh. Speaker1 All right, thanks a lot. I appreciate it. I appreciate everyone taking the time today to hear about what we're doing at FiscalNote. We're really excited and hope to be able to convey some of that to you and help you understand why. Let me make sure I can handle slides. Let's see. Yeah, not bad. So I'll just start with the usual disclaimer, ...
nyte Software .(CGNT) - 2026 Q1 - Earnings Call Transcript
2025-06-11 13:32
Cognyte Software (CGNT) Q1 2026 Earnings Call June 11, 2025 08:30 AM ET Company Participants Dean Ridlon - VP - Investor RelationsElad Sharon - CEODavid Abadi - CFO Conference Call Participants Mike Cikos - Senior Analyst Operator day, ladies and gentlemen. Thank you for standing by. Welcome to the Cognite First Quarter Fiscal Year twenty twenty six Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer sessio ...
nyte Software .(CGNT) - 2026 Q1 - Earnings Call Transcript
2025-06-11 13:30
Financial Data and Key Metrics Changes - The company reported Q1 revenue of approximately $95.5 million, reflecting a year-over-year growth of about 16% [7][18] - Non-GAAP gross profit increased by approximately 17% year-over-year, reaching $68.7 million [7][20] - Adjusted EBITDA for the quarter was approximately $10.3 million, more than double the $5 million generated in Q1 last year [8][21] - Non-GAAP operating income was $7.6 million, over four times higher than the $1.8 million generated in Q1 last year [21] - Cash flow from operations was approximately $1.7 million, with negative free cash flow of $2.5 million [22] Business Line Data and Key Metrics Changes - Software revenue for Q1 was $37.4 million, an increase of $5.9 million or 19% year-over-year [18] - Professional service revenue in Q1 was $13.5 million, an increase of $6.6 million over last year [19] - Recurring revenue for Q1 was $47.2 million, representing 49% of total revenue [20] Market Data and Key Metrics Changes - Total remaining performance obligations (RPO) at the end of Q1 was $597.8 million, up $52 million versus the end of fiscal 2025 [24] - Short-term RPO increased to $346.9 million, providing solid visibility into revenue over the next twelve months [25] Company Strategy and Development Direction - The company is focused on expanding its presence in the U.S. market, highlighted by the acquisition of GroupSense, a cyber threat intelligence company [13][23] - The strategic priorities include enhancing customer engagement and addressing complex intelligence challenges [12][30] - The company aims to leverage its technology to deliver greater value to customers and improve operational agility [10][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in healthy demand and continued validation of technology through customer wins [14][30] - The company updated its guidance for fiscal 2026, expecting revenue of approximately $395 million, representing about 13% year-over-year growth [15][27] - Management noted that the demand environment remains favorable, with ongoing customer engagement and positive feedback across the portfolio [30] Other Important Information - The company executed a share repurchase program, buying approximately 952,000 ordinary shares for about $9 million [22] - The GroupSense acquisition closed on May 20, 2025, for approximately $4 million in cash, with an earnout of up to $5 million based on performance targets [23] Q&A Session Summary Question: How did the quarter play out versus plan? - Management indicated that Q1 top line performance was slightly ahead of expectations, with continued sequential growth anticipated throughout the year [34][35] Question: Why isn't the recent contract value impacting fiscal 2026 more significantly? - Management explained that some large deals were already included in guidance, and the deployment of a significant subscription deal is planned for Q1 of fiscal 2027 [38][39] Question: What is the revenue impact of the GroupSense acquisition? - The acquisition is expected to add approximately $3 million to the top line, with a breakeven business model and a small increase in operating expenses [40][41]