Cogent Communications reported Q1 2026 service revenue of $239.2 million, a slight decline from the previous quarter and year, but wavelength service revenue surged 12.3% sequentially and 90.8% year-over-year. EBITDA adjusted for IP Transit payments was $70.2 million with a margin of 29.3%, reflecting improved profitability. The company approved a quarterly dividend of $0.02 per share for Q2 2026, signaling confidence despite modest revenue declines. Cogent continues expanding its network and customer connections, particularly in wavelength services, positioning for future growth.
Perplexity AI CEO Aravind Srinivas shared lessons from Nvidia's Jensen Huang and Tesla's Elon Musk, highlighting Huang's mindset of running Nvidia as if it could fail within 30 days despite its $5 trillion valuation and advanced technology. Srinivas ...
Meta Platforms introduced an AI-powered feature called "AI Mode" within Facebook Search, which uses Meta's AI model Muse Spark to provide answers from public content rather than traditional search results. This innovation could generate over $10 bill...
Cuprina Holdings shares surged 111.84% intraday following FDA 510(k) clearance for its MEDIFLY Maggots wound care product, the first maggot debridement therapy using Lucilia cuprina species approved in the U.S. The product treats non-healing necrotic...
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
