Tobias

Atlassian is acquiring The Browser Company, known for its AI-powered Arc browser, for $610 million. The acquisition aims to integrate innovative browsing experiences into Atlassian’s ecosystem, enhancing collaboration and productivity. Arc, known for features like built-in whiteboard and collaborative tab sharing, caters to power users. The Browser Company also developed Dia, an AI-assisted browser option. CEO Cannon-Brookes highlights limitations of traditional browsers for modern work, envisioning Arc streamlining workflows and automating tasks. Perplexity and OpenAI also showed interest in acquiring The Browser Company.

Lumenisity researchers, backed by Microsoft, have developed a hollow-core fiber optic cable with a record-low signal loss of 0.091 dB/km at 1550 nm, surpassing silica-based fibers. The Double Nested Anti-Resonant Non-Touch Fiber (DNANF) design utilizes concentric glass tubes to minimize signal degradation and interference. Tested on a 15km cable, the fiber exhibits low attenuation, broad bandwidth, and reduced dispersion. Microsoft plans to deploy 15,000 km within its Azure network, reducing amplifier needs and costs. This innovation promises faster data transmission, improved network reliability, and reduced energy consumption.

Huawei launched the Mate XTs, its second-generation trifold smartphone, on September 4, 2025. Priced from $2,520, the Mate XTs features a unique dual-hinge design which unfolds into a tablet-sized display. Huawei aims to solidify its position in the Chinese market, where it holds a leading market share in foldables. The launch highlights Huawei’s resurgence after U.S. sanctions, with its HarmonyOS and domestically sourced chips. Despite its success in China, global expansion remains a challenge. The Mate XTs features HarmonyOS 5.1, multitasking capabilities, and offers enhanced after-sales support.

Brain-computer interfaces (BCIs) are gaining traction, exemplified by Neuralink’s progress, where an implanted chip enabled a user to control devices and regain a sense of purpose. Neuralink trials are expanding, and are exploring applications like restoring sight. Simultaneously, Chinese researchers are conducting multi-center trials for neurocritical care. The global BCI market is projected to grow, fueled by both clinical and consumer applications, highlighting the integration of BCIs with robotics and AI, and the growing importance for governments to address related policies.

President Trump will host a dinner with tech and business leaders, including Zuckerberg, Cook, Gates, and Altman, at the White House to discuss policy initiatives and partnerships. Following a White House AI event hosted by the First Lady, the meeting aims to strengthen ties between the administration and the tech sector, focusing on AI and the digital economy. Key figures from OpenAI, Google, Palantir, and other companies are invited. Tesla’s Elon Musk is a notable absence. David Sacks and Jared Isaacman are also slated to attend.

Reports surfaced alleging ByteDance dismantled its chip team, transferring operations to a Singaporean entity and cutting system access without severance. ByteDance denies these claims, stating the chip business entity remains unchanged and the action is a routine data migration to a new Lark tenant. CNBC analysis highlights the strategic importance of in-house chip development amid geopolitical tensions. The move to a new tenant could be preparatory for future separation, offering strategic flexibility in complex regulatory environments and potentially proving technological independence critical for valuation in future IPO possibilities.

Figma (FIG) shares fell 14% after hours following its first earnings report as a public company. While revenue beat expectations at $249.6 million (up 41% YoY), the report presented a mixed picture. Q3 revenue is projected at $263-$265 million, surpassing estimates. Full-year adjusted operating income is forecasted between $88-$98 million, with revenue exceeding $1.02 billion. Figma is innovating with AI-powered tools and strategic acquisitions. Concerns about AI displacing designers were addressed, with the CEO emphasizing AI’s role in augmenting design. The company reported a 129% net retention rate.

Salesforce ($CRM) shares declined after-hours despite exceeding Q2 earnings and revenue expectations due to a weaker outlook. While Q2 revenue rose 10% to $10.24 billion and net income increased, forward guidance fell slightly short of estimates. Investors are concerned about slowing revenue growth and the efficacy of Salesforce’s AI investments, especially compared to gains made by other tech companies in the AI sector. The company aims to address these concerns through its Agentforce AI software and the acquisition of Informatica. The market is demanding concrete evidence of accelerated growth and profitable AI integration.

C3 AI shares plummeted 14% after announcing Stephen Ehikian as CEO and releasing disappointing fiscal first-quarter results. Revenue declined nearly 20% year-over-year to $70.3 million, with a widening GAAP net loss of $0.86 per share. The CEO change, triggered by former CEO Thomas Siebel’s health issues, adds to existing concerns regarding restructuring strategies and recent sales underperformance, which Siebel attributed to the reorganization’s disruptive effects. Ehikian expresses confidence in capturing a larger share of the Enterprise AI market.

OpenAI is expanding its secondary share sale to approximately $10.3 billion, up from the initially planned $6 billion, valuing the AI firm at $500 billion. This provides current and former employees a chance to liquidate equity. Key investors include SoftBank, Dragoneer, and T. Rowe Price. The move gives OpenAI flexibility to invest in R&D, scale infrastructure, and attract talent, while avoiding the pressures of an immediate IPO. This increased sale reflects confidence in OpenAI’s long-term prospects and validates its leading position in generative AI.