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AI Business & Funding

Microsoft reports $92.3B quarter as Azure grows 48% and cloud backlog reaches $677B

Microsoft reported fiscal Q1 2027 revenue of $92.3B, up 19%, on 28 October 2026. Azure grew 48%, commercial bookings backlog hit $677B and capex was $39.4B.

Summary

Microsoft reported revenue of $92.3 billion for the quarter ended 30 September 2026, its first quarter of fiscal 2027, up 19%. Azure revenue grew 48% and Microsoft Cloud revenue rose 30% to $63.9 billion. Commercial remaining performance obligation, its contracted backlog, rose 73% to $677 billion. Additions to property and equipment roughly doubled to $39.4 billion. Net income was $36.6 billion, including a $207 million gain from OpenAI investments.

Building 92 on Microsoft's headquarters campus in Redmond, Washington, with a Microsoft logo sign in front of glass office buildings under a blue sky.Tech AI Latest
Google's Gradient Canopy building in Mountain View, with its curved tent-like roof panels, seen across a road junction with traffic lights.Tech AI Latest

Alphabet reports $127.6B Q3 revenue as Google Cloud grows 103% on AI and TPU demand

AI Business & Funding

Alphabet reported Q3 2026 revenue of $127.6B, up 25%, on 28 October 2026. Google Cloud more than doubled to $30.7B and capital spending reached $51.4B.

Summary

Alphabet reported third quarter 2026 revenue of $127.6 billion on 28 October 2026, up 25% from a year earlier, with operating margin of 31.8%. Google Cloud revenue rose 103% to $30.7 billion, helped by AI infrastructure and TPU system sales. Capital spending reached $51.4 billion in the quarter, more than operating cash flow, leaving free cash flow at minus $9.1 billion. CEO Sundar Pichai said the Gemini app has one billion users.

A translucent, crystal-like rock floating against a blue gradient background with small number 4 symbols around it.Tech AI Latest

Google unveils Gemini 4 Carbon, scoring 88.2% on SEC-bench Pro, for cyber defenders first

AI Models

Google announced Gemini 4 Carbon on 28 October 2026, two weeks after Argon. It goes to cyber defenders first and will cost $2 per 1M input tokens at launch.

Summary

Google announced Gemini 4 Carbon on 28 October 2026, two weeks after Gemini 4 Argon. Google calls it its strongest model, with state-of-the-art cybersecurity and long-horizon capabilities, and says it ranks first on the Artificial Analysis Intelligence Index v5 at 59. Access starts with a subset of cyber defenders and Fairwind Program partners. When it launches broadly, the introductory price is $2 per million input tokens and $10 per million output tokens.

Abstract illustration of dotted lines from several nodes converging on a central hexagon on a dark blue background.Tech AI Latest

Microsoft opens its Copilot harness to developers in Foundry, with billing from 1 December

AI Agents

Microsoft put the agent harness behind GitHub Copilot into Foundry Agent Service in public preview on 28 October 2026. Runtime billing starts 1 December.

Summary

Microsoft released the Microsoft Copilot harness in Foundry Agent Service in public preview on 28 October 2026. The harness is the agent loop GitHub built for Copilot, which Microsoft says now powers Copilot Code, Copilot Studio, VS Code and the GitHub Copilot app. Developers define agents with skills, MCP tools and subagents while Microsoft runs the loop and sandbox. The runtime is free until 1 December 2026, then billed at $0.0994 per vCPU-hour.

A translucent, crystal-like rock floating against a blue gradient background with small number 4 symbols around it.Tech AI Latest

Google unveils Gemini 4 Carbon, scoring 88.2% on SEC-bench Pro, for cyber defenders first

AI Models

Google announced Gemini 4 Carbon on 28 October 2026, two weeks after Argon. It goes to cyber defenders first and will cost $2 per 1M input tokens at launch.

Summary

Google announced Gemini 4 Carbon on 28 October 2026, two weeks after Gemini 4 Argon. Google calls it its strongest model, with state-of-the-art cybersecurity and long-horizon capabilities, and says it ranks first on the Artificial Analysis Intelligence Index v5 at 59. Access starts with a subset of cyber defenders and Fairwind Program partners. When it launches broadly, the introductory price is $2 per million input tokens and $10 per million output tokens.

Abstract illustration of dotted lines from several nodes converging on a central hexagon on a dark blue background.Tech AI Latest

Microsoft opens its Copilot harness to developers in Foundry, with billing from 1 December

AI Agents

Microsoft put the agent harness behind GitHub Copilot into Foundry Agent Service in public preview on 28 October 2026. Runtime billing starts 1 December.

Summary

Microsoft released the Microsoft Copilot harness in Foundry Agent Service in public preview on 28 October 2026. The harness is the agent loop GitHub built for Copilot, which Microsoft says now powers Copilot Code, Copilot Studio, VS Code and the GitHub Copilot app. Developers define agents with skills, MCP tools and subagents while Microsoft runs the loop and sandbox. The runtime is free until 1 December 2026, then billed at $0.0994 per vCPU-hour.

Rows of server racks with bundled blue and green network cables in a data center.Tech AI Latest

n8n releases 3.0 beta with breaking changes and drops npm installs, stable due in December

AI Automation

n8n released the 3.0.0 beta of its workflow platform on 27 October 2026, with safer defaults, Docker-only self-hosting and a stable build due in December.

Summary

n8n released version 3.0.0 as a beta on 27 October 2026 and plans the stable release for early December. The major version collects breaking changes: legacy nodes are removed, security defaults are stricter, the default Code node timeout drops from 5 minutes to 1 minute, and self-hosted installs must run on Docker instead of npm. A Migration Report in version 2.39 and later lists affected workflows. The 2.x line gets security fixes for 12 months after the stable release.

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Anthropic says Claude found exploit chains in Chrome, Safari, Android, Windows and Linux

Cybersecurity

Anthropic said on 27 October 2026 that an internal Claude model built exploit chains for Chrome, Safari, Android, Windows and Linux; Google fixed 62 CVEs.

Summary

Anthropic's Frontier Red Team reported on 27 October 2026 that an unreleased internal Claude model found and chained vulnerabilities in widely used software. The post describes a one-click Chrome remote code execution chain, a Safari same-origin bypass, a Pixel 9 lock screen bypass, a Windows kernel remote denial of service and a zero-click Linux root exploit. Google assigned 62 CVEs fixed in Chrome 156. All issues went through coordinated disclosure.

GitHub Universe 26 artwork with the GitHub logo and an illustrated Octocat in profile followed by colored silhouettes.Tech AI Latest

GitHub Copilot Fusion goes GA, routing tasks across models at about half Opus 5.5's cost

AI Tools & Apps

GitHub made Copilot Fusion generally available on 28 October 2026. It picks and combines models per task, with a 30% launch discount on model costs.

Summary

GitHub made Copilot Fusion generally available on 28 October 2026 at its Universe conference. Instead of picking a model, developers choose Fusion and an effort level, and Copilot routes each prompt to one or more models. GitHub says Fusion Max scored 60 on the Artificial Analysis Coding Agent Index, two points below Claude Code with Opus 5.5, at about half the cost per task. It works on all Copilot plans, with a temporary 30% discount.

Building 92 on Microsoft's headquarters campus in Redmond, Washington, with a Microsoft logo sign in front of glass office buildings under a blue sky.Tech AI Latest

Microsoft reports $92.3B quarter as Azure grows 48% and cloud backlog reaches $677B

AI Business & Funding

Microsoft reported fiscal Q1 2027 revenue of $92.3B, up 19%, on 28 October 2026. Azure grew 48%, commercial bookings backlog hit $677B and capex was $39.4B.

Summary

Microsoft reported revenue of $92.3 billion for the quarter ended 30 September 2026, its first quarter of fiscal 2027, up 19%. Azure revenue grew 48% and Microsoft Cloud revenue rose 30% to $63.9 billion. Commercial remaining performance obligation, its contracted backlog, rose 73% to $677 billion. Additions to property and equipment roughly doubled to $39.4 billion. Net income was $36.6 billion, including a $207 million gain from OpenAI investments.

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  • AI Funding Tracker 2026

    Venture rounds, public offerings and IPO filings by AI companies in 2026, with date, round, amount, lead investors and valuation, each taken from the company's own announcement or SEC filing.

    10 rows, updated 28 Oct 2026

  • AI Model Release Tracker 2026

    Every frontier and notable open-weight model release in 2026 with date, developer, context window, API list price in USD per 1M tokens and whether the weights are open.

    26 rows, updated 28 Oct 2026

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