Mega AI IPO planned, Google’s agent blitz and Nvidia’s next big business

Now we are sure. This year will be the year of monster initial public offerings.

Elon Musk’s SpaceX filed for an IPO this week aiming to raise a record $80 billion or more, and OpenAI was expected to follow suit. Investors will, of course, gobble them up, as they do with anything that touches artificial intelligence, but then expect continued hypergrowth and, ultimately, profits. They remain uncertain.

Or is it? Anthropic announced this week that it posted a surprise profit last quarter ahead of its as-yet-unannounced but certainly expected IPO later this year. What self-respecting hyper-growth company would do something like that??

Most of the benefits from AI will remain with one company, Nvidia. This week, the AI ​​chip maker (sorry, AI factory maker) reported another quarter that shattered expectations, even as investors yawned. But hey, it’s already worth $5.3 trillion, so it’s okay. And if you can believe it, it has the potential for even more. This applies not only to agent AI, which is expected to be in even greater demand, but also to physical AI, such as robots, in the not too distant future.

Dell Technologies’ performance has not been middling either. We’ll know more precisely in next week’s financial report. But at this week’s annual Dell Tech World conference, founder and CEO Michael Dell argued in his keynote and interview with theCUBE’s John Farrier that the company is well-positioned for a world where “intelligence is becoming infrastructure.” As analyst Zeus Keravala notes, Dell is moving the conversation from chatbots and co-pilots to the underlying systems businesses need to enable AI.

Google has no intention of falling behind in the AI ​​space, having already roared from the same run a year ago to become a mindshare leader along with OpenAI, Anthropic, and Microsoft. At the I/O conference for developers this week, the company touted its benefits, perhaps a little too forcefully (see below the rather tedious hat it gave to I/O attendees). Google is aiming to one-up its chatbots by incorporating AI into nearly all of its services, including the site’s new Ask YouTube feature. The company also aims to take chatbots to the next level by incorporating AI into upcoming AI glasses, especially hardware such as Project Aura, which Google Deep Mind CEO Demis Hassabis says can send AI “into the real world.” See all of our coverage below.

Whether we are ready for all that is another matter. Did you need to transform your search experience? Probably, but not everyone is thrilled with the results. Alex Wilhelm of Cautious Optimism summed up some people’s fears, noting that AI chat will likely reduce traffic to websites and publishers that feed it, saying, “Search is now Google’s past, Google Cloud is its present, and the company wants AI to be its future. That’s fine, but it’s one of the most useful tools on the internet.” It’s a little sickening to see something become a feature and then get decommissioned.”

Meanwhile, the anti-AI drumbeat seems to be getting louder. University of Arizona students heckled former Google CEO Eric Schmidt when he mentioned the topic, marking the third time people have turned against AI. Maybe they need to hire Steve Wozniak to get their message across better.

I can understand why. Even AI companies are saying white-collar and other jobs are being targeted, but who really wants that outside of corporations? Meta laid off 8,000 people this week as it ramped up investment in AI. Intuit has also made large-scale layoffs, and while they don’t blame AI, it’s clear that AI is threatening software companies like Intuit.

A big earnings week is just around the corner with implications on the impact of AI, including reports from Salesforce, Snowflake, Dell, HP, and more. There aren’t any big events next week as we’re taking a break next month for major conferences from Microsoft, Snowflake, Databricks, and Computex in Taipei.

Here’s more enterprise and emerging technology news and analysis from SiliconANGLE and the rest of the week.

AI and data: AI to the moon

Analysis and food for thought

Eric Schmidt booed at graduation speech over AI remarks AI leaders need to start taking stock of the situation. Not all of us want to be at the mercy of AI.

A book about truth in the age of AI includes quotes generated by AI (by The New York Times) I agree.

And in the same way: ‘Clear signs of AI’: Doubts raised over short story award winner (via The Guardian)

money is important

NanoCo raises $12 million to accelerate NanoClaw, a secure, enterprise-grade agent AI assistant for all office workers

Tribal AI receives $10M in seed funding to bring metadata-native agents to enterprises

Voker raises $2.2 million to help teams understand how AI agents actually work

policy

President Trump postpones AI executive order amid backlash from tech industry

California to consider possible subsidies for companies that don’t replace workers with AI

Federal jury rules against Elon Musk in high-profile OpenAI trial

New models and services

Google I/O was all about AI, specifically agents, as evidenced by our extensive coverage.

With Gemini 3.5 Flash and Omni, Google targets AI agents and video generation

Google reimagines search with AI agents and generative interfaces

Gemini Spark is Google’s always-on AI agent for everyday digital tasks

Google further enhances AI in Workspace with new voice, image editing, and inbox tools

Google accelerates agent-native software development with enhancements to Antigravity platform

With I/O, Google expands AI-powered app discovery and Android development tools

Google unveils first intelligent spec powered by Android XR

Google Flow adds agent brainstorming, more precise editing tools, and sharing features

Google’s Universal Cart embeds AI shopping functionality into multiple services

And elsewhere:

Workday brings AI agents to IT service management and travel

Redis debuts long-awaited memory layer for enterprise AI agents

Informatica extends agent AI strategy with headless data services and unified agent governance

LaunchDarkly launches runtime control layer for agent AI era

Exclusive: Juicebox Autonomous Recruitment Agent helps you proactively source candidates

WisdomAI’s new analytics agent goes beyond insights and automates business work through autonomous actions

DataDome Debuts Priority Protect, a Virtual Waiting Room Built for AI Shopping Agents

Riverbed adds agent AI, session replay, and AI observability to Aternity platform

Across the enterprise: Nvidia’s AI money factory

money is important

Nvidia nearly doubles data center revenue for even stronger revenue growth Zeus Keravala’s analysis is as follows. 5 takeaways from Nvidia’s earnings and what they mean for the AI ​​industry

That’s it for SaaSpocalypse.

Strong demand for agent AI products beats expectations for Workday and helps lift stock price

Zoom raises outlook, approves $1 billion share buyback after strong first quarter

Google and Blackstone establish AI infrastructure joint venture

AMD to invest more than $10 billion in Taiwan’s chip industry

Serverless AI infrastructure startup Modal Labs closes $355 million funding round

Armada raises $230 million at $2 billion valuation to build portable AI data center

CircuitHub raises $28 million to scale electronics production in days instead of months

new products and services

Reporting from Dell Technologies World:

Dell targets enterprise AI execution gaps with local agent AI systems and unified AI infrastructure

Dell overhauls data center portfolio with AI-focused storage, servers and cyber resilience tools

As AI brings corporate data to life, executives must have the courage to respond to the moment, says Michael Dell

5 takeaways from Michael Dell’s keynote at Dell Technologies World 2026

Forward launches Predict to validate network changes before they reach production. Zeus Keravala’s analysis is as follows. Move fast and don’t break anything: How Forward Predict brings CI/CD discipline to networking

policy

Google asks DC Circuit to remove search exclusivity relief

Cyberbeat: Everpure proposes storage as a firewall

attack and response

GitHub confirms 3,800 internal repositories compromised after employee installs malicious VS Code extension

Forcepoint details the TeamPCP supply chain attack that turned LiteLLM into a credential thief

new service

Everpure proposes storage as the last line of cyber defense in the AI ​​era

Bugcrowd launches reinforcement learning environment to train AI on real software vulnerabilities

Versa applies zero trust control to AI agent actions using new MCP architecture

Sola Security launches Lumina to reduce noise in enterprise security alerts with contextual AI

Terra Security unifies web, AI, and network testing in one agent platform

Darwinium takes mobile fraud detection beyond the login moment

1Password extends OpenAI collaboration with Codex MCP server for just-in-time credential access

Tenable adds multi-step inference and MCP support to Hexa AI agent

money is important

Zscaler acquires Symmetry Systems to expand AI agent security capabilities

Torq acquires AI security startup Jit to add context graph to security operations center platform

Code security startup Socket raises $60 million in funding

Infrawatch raises $3 million to build infrastructure intelligence platform for cybersecurity

Elsewhere in technology: Quantum receives federal support

US issues more than $2 billion in grants to IBM and others for quantum computing efforts

Blockchain.com secretly files for U.S. IPO as cryptocurrencies increase in listings

Smart ring maker Oura secretly files for initial public offering in the US

August Robotics wins $30 million to automate precision construction with robots

Coming and going: Layoffs will increase, but not just because of AI.

Meta has placed 7,000 employees into four new AI divisions ahead of mass layoffs.

intuition It cut 17% of its workforce to focus on AI, but refused to blame it.

AWS veteran matt wood He returns after a short stint at PwC to become chief AI and technology officer.

Pioneer of modern AI and co-founder of OpenAI Andrei Karpathy I participated human We will help start a new team focused on accelerating pre-training research using Claude itself.

Cyber ​​security asset management company Axonius President and interim CEO changed joe diamond To the CEO.

Apple’s device management company Jamuf Appointed Chief Technology Officer Beth Chida CEO, success john strosahl.

product intelligence company Pendo appointed Zayn Lakhani The Chief AI Officer will lead agent AI product development.

for a long time microsoft Executive and co-pilot leader Yusuf Mehdi I plan to quit within the last year.

what’s next

event

June 1-4: Snowflake Summit, San Francisco: SiliconANGLE brings you news and analysis on the ground.

June 2-3: Microsoft Build, San Francisco and online. SiliconANGLE has news and analysis.

June 2-5: Computex, Taipei.

June 15-18: Databricks’ Data+AI Summit, San Francisco: SiliconANGLE brings you news and analysis onsite.

revenue

Tuesday, May 26th: box, zscaler

Wednesday, May 27th: Snowflake, Salesforce, Nutanix, HP, Everpure, Marvell Semi, Synopsys

Thursday, May 28th: Dell, NetApp, UiPath, Autodesk, Okta, Sentinel, PagerDuty, asana, elastic

Image: SpaceX