Excite Technology Services reported $3.122 million in sales over June and July 2026, driven by government contracts and recurring revenue from private-sector clients. The company's subsidiary, Excite Cyber, also recorded $3.1 million in sales during the same period, with a strong sales pipeline and increasing demand for AI-powered solutions.
Netwrix has expanded its identity security capabilities with new Microsoft Entra ID risk checks and visibility into AI agent identities. This helps security teams assess identity risk and provide an inventory of agents operating in their environments.
Concerns are rising over the trillions invested in generative AI, with spending on hardware and software exceeding revenue. The circular investment structure and lack of genuine profitability have drawn parallels to check kiting, a fraudulent practice.
A report by CGTrader found that AI-generated assets make up a small percentage of sales, despite being a larger percentage of newly uploaded models. Consumers are preferring human-made products, and companies are advised to focus on creating high-quality, human-made products.
Guideless, an AI training platform, has raised €1 million in pre-seed funding to expand its software training and operational knowledge platform. The platform uses AI to convert workplace workflows into editable training materials.
Lenovo Group Limited and Intel Corporation are riding the AI hardware boom, with Lenovo's revenue jumping 43% year over year to $26.94 billion. Intel raised its quarterly revenue forecast, citing strong demand for its high-performance computing and artificial intelligence chips.
ChatGPT Ads is expanding to 31 European markets, allowing marketers to reach people while they explore, compare, and make decisions. The ads will be clearly labeled, and users have control over ad personalization.
Key Takeaways
['• Excite Technology Services reported $3.122 million in sales over June and July 2026, driven by government contracts and AI-related cyber security readiness.', '• Excite Cyber recorded $3.1 million in sales during June and July, with a strong sales pipeline and increasing demand for AI-powered solutions.', '• Netwrix expanded its identity security capabilities with new Microsoft Entra ID risk checks and visibility into AI agent identities.', '• Concerns are rising over the trillions invested in generative AI, with spending on hardware and software exceeding revenue.', '• Consumers prefer human-made products over AI-generated assets, according to a report by CGTrader.', '• Guideless raised €1 million in pre-seed funding for its AI training platform.', "• Lenovo's revenue jumped 43% year over year to $26.94 billion, driven by the AI hardware boom.", '• Intel raised its quarterly revenue forecast, citing strong demand for its high-performance computing and artificial intelligence chips.', '• ChatGPT Ads is expanding to 31 European markets, allowing marketers to reach people while they explore, compare, and make decisions.', '• Navitas Semiconductor is positioning its advanced power chip technology for AI data centers and electric vehicles.']Excite Technology Services boosts sales with AI-driven cyber growth
Excite Technology Services reported $3.122 million in sales over June and July 2026, driven by government contracts and recurring revenue from private-sector clients. The company has secured over half of its expected revenue for the rest of the financial year. Excite Technology Services is focusing on AI-related cyber security readiness, governance, and implementation services, with identified AI opportunities exceeding $200,000. The company aims to improve financial performance and achieve profitability.
Excite Cyber on path to profitability with AI wins
Excite Cyber, a subsidiary of Excite Technology Services, recorded $3.1 million in sales during June and July. The company has seen growth in both government and private sectors, with a strong sales pipeline and increasing demand for AI-powered solutions. Excite Cyber aims to achieve profitability with the help of AI-related services and a reduced operating cost base.
Netwrix extends Microsoft Cloud Identity Security with AI agent visibility
Netwrix has expanded its identity security capabilities with new Microsoft Entra ID risk checks and visibility into AI agent identities. The company's PingCastle now extends its coverage to 102 risk checks, and Threat Manager adds visibility into AI agent identities in Microsoft Entra ID. This helps security teams assess identity risk and provide an inventory of agents operating in their environments.
AI funding resembles check kiting, sparking concerns
Concerns are rising over the trillions invested in generative AI, with spending on hardware and software exceeding revenue. The circular investment structure and lack of genuine profitability have drawn parallels to check kiting, a fraudulent practice. While AI investments are not currently illegal, they carry a similar risk of timing masking a lack of genuine profitability.
Consumers snub AI-generated assets for human-made products
A report by CGTrader found that AI-generated assets make up a small percentage of sales, despite being a larger percentage of newly uploaded models. Consumers are preferring human-made products, and companies are advised to focus on creating high-quality, human-made products.
Guideless raises €1 million for AI training platform
Guideless, an AI training platform, has raised €1 million in pre-seed funding to expand its software training and operational knowledge platform. The platform uses AI to convert workplace workflows into editable training materials, aiming to make creating and updating training documentation faster and more efficient.
Stocks to buy for AI data center expansion
The article highlights four stocks that power AI data center expansion: Dell Technologies, Celestica, Lumentum, and Vertiv. These companies offer a range of solutions, from servers and networking to optics, power, and cooling, to support the growth of AI data centers.
First-meeting conversion becomes key metric for AI prospecting
Revenue Growth Agent emphasizes the importance of 'first meeting to qualified opportunity' conversion as a key metric in AI-enabled outbound and SDR meeting strategies. The metric helps assess the effectiveness of spending on AI for prospecting efforts.
ChatGPT Ads expands across Europe
ChatGPT Ads is expanding to 31 European markets, allowing marketers to reach people while they explore, compare, and make decisions. The ads will be clearly labeled, and users have control over ad personalization.
Navitas Semiconductor’s AI power pitch
Navitas Semiconductor presented its AI-focused power semiconductors at a recent technology summit. The company aims to position its advanced power chip technology for AI data centers and electric vehicles.
Lenovo and Intel ride AI hardware boom
Lenovo Group Limited and Intel Corporation are riding the AI hardware boom, with Lenovo's revenue jumping 43% year over year to $26.94 billion. Intel raised its quarterly revenue forecast, citing strong demand for its high-performance computing and artificial intelligence chips.
Sources
- Excite Technology Services boosts sales and eyes AI-driven cyber growth
- Excite Cyber on the path to profitability with recent sales, AI wins
- Netwrix Extends Microsoft Cloud Identity Security With AI Agent Visibility
- AI Funding Looks Increasingly Like Check Kiting
- ‘Buyers aren’t yet opening their wallets’: AI-generated assets are flooding marketplaces, but consumers are snubbing them for human-made products
- Guideless Raises €1 Million Pre-Seed As AI Training Platform Reaches 3,000+ Users Across 15 Markets
- Beyond Chipmakers: 4 Stocks to Buy That Power AI Data Center Expansion
- First-meeting conversion is becoming the metric that decides whether AI prospecting spend pays off
- ChatGPT Ads expands across Europe
- Does Navitas Semiconductor’s (NVTS) AI Power Pitch Reveal Durable Moats Or Just Timely Hype?
- Lenovo Group Limited (LNVGY) and Intel Corporation (INTC) are Both Riding the AI Hardware Boom. One Just Posted a Loss Anyway
Comments
Please log in to post a comment.