Workday, Inc. reported Q1 revenue and earnings beating expectations, focusing on expanding TAM in the public sector and international markets. The company added Google Cloud Partners in Q1 to accelerate its pipeline and drive higher ACV per customer. Workday also launched its AI Marketplace, providing customers access to AI solutions from Workday and its partners.
Despite facing increasing deal scrutiny, Workday is attractively priced due to its growth drivers and strong fundamentals. The company, a cloud-based software provider, offers solutions for financial management, spend management, human capital, planning, and analytics. Workday's partnership expansion with Google Cloud supports software development with generative AI.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.