Today’s blockbuster announcement — Salesforce acquiring Informatica for $8 billion — is a monumental leap forward in the world of agentic AI.
Category: Business
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Nvidia Unveils Foundation Models For Humanoids, Eyes ‘Era of Robotics’ As AI Spend Accelerates – GE HealthCare Techs (NASDAQ:GEHC), GE Aerospace (NYSE:GE)
Nvidia Corp. NVDA unveiled its robotics strategy during its first-quarter 2025 earnings call on Wednesday, positioning the chipmaker for what executives called the emerging “era of robotics” as artificial intelligence expands beyond data centers into physical applications.
What Happened: “The era of robotics is here. Billions of robots, hundreds of millions of autonomous vehicles, and hundreds of thousands of robotic factories and warehouses will be developed,” Chief Financial Officer Colette Kress told analysts during the earnings call.
The Santa Clara-based company reported record first-quarter revenue of $44.1 billion, up 69% year-over-year, driven by continued demand for its AI chips. Data center revenue reached $39 billion, representing 73% annual growth as customers deployed NVIDIA’s Blackwell architecture for reasoning AI applications.
NVIDIA introduced Isaac Groot, described as “the world’s first open, fully customizable foundation model for humanoid robots, enabling generalized reasoning and skill development.” The platform aims to train robots using synthetic data generated through NVIDIA’s Omniverse simulation environment.
Why It Matters: Leading robotics companies, including Agility Robotics, Boston Dynamics, and Figure AI are already integrating NVIDIA’s technologies. GE HealthCare Technologies Inc. GEHC is using the new NVIDIA Isaac platform for robotic imaging and surgery systems development.
CEO Jensen Huang emphasized the strategic importance of robotics during the call, noting that future manufacturing plants will require “AI factories” to operate robotic systems.
Price Action: Nvidia Corp.’s stock closed at $134.81 on Wednesday, down 0.51% for the day. In after-hours trading, the stock rose sharply by 4.89% to $141.40. Year to date, Nvidia shares are down 2.53%.
NVDA stock enjoys strong momentum, growth, and quality, but performs poorly on valuation metrics, according to Benzinga Edge Stock Rankings. The stock shows a positive price trend across the short to long term. Here is the full stock breakdown.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Jack Hong / Shutterstock.com
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Resurgence Support Payment & Wage Subsidy
I’ve had a few queries about these support payments lately, especially how to calculate the revenue drop. Remember that it is also a requirement to keep records of how this information has been calculated.
If you use Xero, creating the required reports is really simple however if you use MYOB or another software creating the reports can be quite difficult. You may need to run separate P&L’s as they do not let you add the correct comparison periods.
This requires your business to show a 30% drop in revenue over a 7-day period after an alert level change and you also need to meet the other eligibility criteria. This revenue drop is compared to a typical 7 day period within 6 weeks prior to the alert level increase. If your business is seasonal you will need to compare this to a similar week in the previous year to show the 30% decrease.
There are currently 5 RSP’s open. If you haven’t applied for any payments and your business was eligible you can apply for all 5 now. Check the IRD Website to see what dates each payment covers.
If your business is GST Registered you need to include the RSP in your GST return.
For those using Xero navigate to the Profit & Loss report. Set the date range for a 7 day period (e.g. 24th August to the 31st August) and add comparison periods. For the August dates this would be 7 periods to show the 6 periods prior to the 17th August. This report can be run on cash or Accrual basis depending on how your business works, Hospitality businesses would be based on daily sales so cash basis whereas a business that invoices it’s clients for payment later could run on accrual basis. This report can then be exported and published to save as evidence of the revenue drop.
To apply for the Wage Subsidy your business needs to show a 40% drop in revenue over a 14 day period (e.g. 17 august 2021 – 30 August 2021), and this needs to be compared to a typical consecutive 14 day period in the 6 weeks prior to the alert level increase on the 17th August.
The Wage subsidy opens every 2 weeks and you need to reapply every 2 weeks. Don’t apply early or this will not be approved and you can’t apply for any previous wage subsidies as these have a close date. There is no GST in the wage subsidy so ensure that this is not included in your GST return.
You can run the same reports as above for the RSP however just change the date range to a 14 day period and save the reports. MSD and IRD do ask for more information if you business is new and you haven’t filed a return before or if they want to check that you aren’t applying for the support payment when you aren’t entitled to them.
Make sure you run your reports and ensure that you are entitled to the support before applying. Check close dates for Wage subsidies and set reminders to ensure you don’t miss out. Also the Resurgence support payments may come to an end when we move to the traffic light system so ensure you have applied if you business is suffering as these support payments could end at the end of November.
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Will Shark Tank Do the job?
The job of Shark Tank is to deliver customers, audiences and excitement to budding entrepreneurs, and of course the Sharks invest their time, energy and money in helping them be ready for their ‘moment in the sun’. However with only 237,000 viewers for the first episode of this current series I am disappointed for all concerned. Smart Company asked me to write a piece of advice and reflection as the show moves to a different phase. I have re posted here.
On the cusp of a new season of Shark Tank it has given me a moment to reflect on Angel Investing in Australia. What works and what doesn’t work…. And it all starts with the ‘pitch’… but once that is over then the critical piece for any business is its ability to find customers (or audiences) cost effectively.
PITCH PREPARATION
It is said ‘never forget that you only have one opportunity to make a first impression – with investors, with customers, with PR and with marketing.’
I am in the fortunate position of having seen hundreds of ideas pitched, both as a Shark Tank investor and as an angel investor in a variety of industries. The one question that always sits in the back of my mind is ‘how big is the customer base for this idea?’ And can you find them cost effectively.
The level of investment being sought may well determine the overall approach. It does not matter who is being pitched to – remember that heart is just as important as the head. It is often the passion of the founder that encourages those listening (or reading) to be engaged and interested to begin the journey of investment.
If you are pitching, then research who you’re pitching to. Every potential investor has a different reason for investing. What do they believe in? What is their background and experience? What is their area of expertise? Do the work and find out as much as you can about the people behind the ‘investor’ label.
People do business with people, and investors invest in people.
FINDING CUSTOMERS
Shark Tank has a special place in many people’s hearts. We love the concept that someone with an idea can make it big. We love to watch people put their hearts on their sleeves, risk it all to show Australian audiences what is possible. I read a statistic once that 9 out of every 10 adults in Australia has a business idea – but does not know what to do with it.
When I think about the role of angel investors, it is not just the experience, contacts and business know how that the right investor provides it is also audience. I think of the wonderful Remarkable Accelerator program and the reason that it works is that inventors, founders and scientists have access to the greater community through the Cerebral Palsy Alliance – a ready-made customer base. If you are bringing a disability invention to market then you can test, fine tune, and ultimately sell your product to a very accessible audience.
People pitching on Shark Tank come with a similar expectation. That on the night that their episode appears people will be watching. This is why the show works in the US, they have massive audiences, and if the product is ready, they will sell millions on the night. It is the job of the network to deliver audience and customers to the investors and the inventors – it is an essential part to make the concept work.
I will be watching with my fingers crossed hoping that the network does its job in what is the Aussie dream of invention.
Let the great game of business begin, and let’s hope they find the audiences and customers needed to make Shark Tank Australia viable.
Also published on Medium. -
Kendrick Lamar Loses To Eminem At American Music Awards
May 28, 2025
However, the Compton rapper did win for Favorite Hip-Hop Song with ‘Not Like Us’
Despite having what many may consider the song of the century, Kendrick Lamar lost to Eminem in two hip-hop categories at the American Music Awards.
According to Billboard, the Detroit recording artist bested the feuding hip-hop enemies, Lamar and Drake, as well as Future and Tyler, The Creator to emerge victorious in the Favorite Hip-Hop Artist category and also won Favorite Hip-Hop Album over Future & Metro Boomin, Gunna, Kendrick Lamar, and Tyler, The Creator. However, the Compton rapper did win for Favorite Hip-Hop Song, beating himself over two other songs he recorded and GloRilla’s two songs, one featuring Sexyy Red. He was nominated for 10 AMAs.
This was Eminem’s first win in over ten years at the award show. His last award was given to him in 2014 for Favorite Rap/Hip-Hop album. He wasn’t in attendance to accept the award, but a taped message was shown to the audience at the ceremony.
“AMAs, what’s up? Favorite male hip-hop artist, thank you, I appreciate that. I think it’s been 23 years since I won my first AMA, and I’m 24 years old. That’s crazy. Seriously, man, thank you to the fans. Thank you to everyone who voted for me. I appreciate y’all. Thank you so much.”
According to The Hollywood Reporter, country music star Beyoncé won two awards for Favorite Female Country Artist and Favorite Country Album. Lamar’s tour mate, SZA, won AMAs for Favorite R&B Song and Favorite Female R&B Artist.
Doechii took one home for Social Song of the Year
Janet Jackson received the Icon Award and performed some of those iconic songs from her catalog, and spoke to the audience after getting the honor.
“I’m so grateful. I mean, no disrespect in any way, but I don’t consider myself an icon. My family, myself, our dream wasn’t ever to be famous; we weren’t raised like that. We always had a special love for music, dancing, and singing, and fame came with the result of hard work and dedication.”
A full list of winners appears below:
2025 AMERICAN MUSIC AWARDS WINNERS
Artist of the Year: Billie Eilish
New Artist of the Year: Gracie Abrams
Album of the Year: Billie Eilish “HIT ME HARD AND SOFT”
Song of the Year: Billie Eilish “Birds of a Feather”
Favorite Touring Artist: Billie Eilish
Favorite Music Video: Lady Gaga & Bruno Mars “Die With a Smile”
Favorite Male Pop Artist: Bruno Mars
Favorite Female Pop Artist: Billie Eilish
Favorite Pop Album: Billie Eilish “HIT ME HARD AND SOFT”
Favorite Pop Song: Billie Eilish “Birds of a Feather”
Favorite Male Country Artist: Post Malone
Favorite Female Country Artist: Beyoncé
Favorite Country Duo or Group: Dan + Shay
Favorite Country Album: Beyoncé “COWBOY CARTER”
Favorite Country Song: Post Malone Feat. Morgan Wallen “I Had Some Help”
Favorite Male Hip-Hop Artist: Eminem
Favorite Female Hip-Hop Artist: Megan Thee Stallion
Favorite Hip-Hop Album: Eminem “The Death of Slim Shady (Coup De Grâce)”
Favorite Hip-Hop Song: Kendrick Lamar “Not Like Us”
Favorite Male R&B Artist: The Weeknd
Favorite Female R&B Artist: SZA
Favorite R&B Album: The Weeknd “Hurry Up Tomorrow”
Favorite R&B Song: SZA “Saturn”
Favorite Male Latin Artist: Bad Bunny
Favorite Female Latin Artist: Becky G
Favorite Latin Duo or Group: Julión Álvarez y su Norteño Banda
Favorite Latin Album: Bad Bunny “DeBÍ TiRAR MáS FOToS”
Favorite Latin Song: Shakira “Soltera”
Favorite Rock Artist: Twenty One Pilots
Favorite Rock Album: Twenty One Pilots “Clancy”
Favorite Rock Song: Linkin Park “The Emptiness Machine”
Favorite Dance/Electronic Artist: Lady Gaga
Favorite Soundtrack: Arcane League of Legends: Season 2
Favorite Afrobeats Artist: Tyla
Favorite K-Pop Artist: RM
Collaboration of the Year: Lady Gaga & Bruno Mars “Die With A Smile”
Social Song of the Year: Doechii “Anxiety”
RELATED CONTENT: Academy Of Country Music Awards Snub Beyoncé
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Hailey Bieber’s Rhode Sells to E.l.f. for $1B
Cosmetics brand e.l.f. (eyes, lips, face) is acquiring Hailey Bieber’s Rhode, the skin care brand the model and entrepreneur launched in 2022. The deal is worth $1 billion, according to a press release.
“We can’t wait to bring Rhode to more faces, places, and spaces. From day one, my vision for Rhode has been to make essential skin care and hybrid makeup you can use every day,” Bieber, 28, said in a statement. “Just three years into this journey, our partnership with e.l.f. Beauty marks an incredible opportunity to elevate and accelerate our ability to reach more of our community with even more innovative products and widen our distribution globally.”
Related: Meet the Dermatologist Behind Rhode, Hailey Bieber’s Hit Skin Care Brand
Rhode sells a selection of skin care products (toner, moisturizer, lip peptide gloss) with the goal of making “one of everything really good.” She teamed up with BeautyStat entrepreneur and chemist Ron Robinson and dermatologist Dr. Dhaval Bhanusali to help with the formulations.
“E.l.f. Beauty found a like-minded disruptor in Rhode,” said e.l.f. Chairman and CEO Tarang Amin, in a statement. “Rhode further diversifies our portfolio with a fast-growing brand that makes the best of prestige accessible. We are excited by Rhode’s ability to break beauty barriers, fully aligning with e.l.f. Beauty’s vision to create a different kind of company.”
“Rhode is a beautiful brand that we believe is ready for rocketship growth,” Amin added.
Related: Serena Williams Launches a New Company That She’s Been Working on for 6 Years
Rhode reported $212 million in net sales in the 12 months ended March 31, 2025, and plans to launch in Sephora throughout North America and the U.K. before the end of the year, according to the statement.
Bieber said she is stepping into an “expanded role of Chief Creative Officer and Head of Innovation.”
Rhode was the No. 1 skin care brand in Earned Media Value in 2024, representing 367% year-over-year EMV growth, according to the release.
E.l.f. Cosmetics was founded in 2004 (originally everything was only $1!) and has reported 23 straight quarters of growth.
The sale has been approved by the e.l.f. Beauty Board of Directors, according to the release.
Cosmetics brand e.l.f. (eyes, lips, face) is acquiring Hailey Bieber’s Rhode, the skin care brand the model and entrepreneur launched in 2022. The deal is worth $1 billion, according to a press release.
“We can’t wait to bring Rhode to more faces, places, and spaces. From day one, my vision for Rhode has been to make essential skin care and hybrid makeup you can use every day,” Bieber, 28, said in a statement. “Just three years into this journey, our partnership with e.l.f. Beauty marks an incredible opportunity to elevate and accelerate our ability to reach more of our community with even more innovative products and widen our distribution globally.”
Related: Meet the Dermatologist Behind Rhode, Hailey Bieber’s Hit Skin Care Brand
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Is Your Brand Invisible to AI? The New Rules for B2B Marketing
AI is no longer just helping B2B buyers; it’s making decisions for them.
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SentinelOne Q1 Earnings: Revenue Beat, EPS In Line, Shares Dive On Soft Guidance – SentinelOne (NYSE:S)
SentinelOne Inc S reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key metrics from the quarter.
Q1 Earnings: SentinelOne reported first-quarter revenue of $229.03 million, beating the consensus estimate of $228.35 million, according to Benzinga Pro. The cybersecurity company reported first-quarter adjusted earnings of two cents per share, in line with analyst estimates.
Total revenue increased 23% year-over-year. Annualized recurring revenue (ARR) increased 24% year-over-year to $948.1 million as of April 30. Customers with ARR of $100,000 or more grew 22% to 1,459 in the quarter.
The company ended the period with $1.2 billion in cash, cash equivalents and investments. SentinelOne’s board also authorized a $200 million share repurchase program.
“Our top-tier growth and margin improvement reflect continued platform momentum and customer success,” said Tomer Weingarten, CEO of SentinelOne.
“Our innovation engine is fueling adoption across AI, Data, Cloud and Endpoint. With Singularity, we’re leading a transformational shift toward AI-powered security for the future.”
Guidance: SentinelOne expects second-quarter revenue of approximately $242 million versus estimates of $244.88 million. The company also lowered its full-year 2026 revenue guidance from $1.007 billion to a range of $996 million to $1.001 billion. Analysts were expecting full-year revenue of $1.01 billion.
Shares appear to be selling off in reaction to the soft outlook. SentinelOne executives are currently discussing the quarter on a conference call with investors and analysts that kicked off at 4:30 p.m. ET.
S Price Action: SentinelOne shares were down 11.44% in after-hours, trading at $17.42 at the time of publication Wednesday, according to Benzinga Pro.
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Photo: Tada Images/Shutterstock.
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© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Do I really need to use accounting Software?
This will really depend on the kind of business you have however an accounting software will make you like easier and keep your financials organised. No one wants to deal with a giant shoebox filled with receipts and invoices at the end of the financial year.
An accounting software helps you to complete everything from the basic recording of income and expenses through to producing financial statements. These systems can save you (or your accountant) a lot of time which in turn saves you money and can improve the decision making within your business.
There other factors to consider like whether you have a stable internet connection, if you don’t a cloud based accounting software may not be the best option for you. Cloud based accounting is very popular now as you have the ability to access the software from anywhere at anytime.
If you have a rental a spreadsheet may do the job for you. You could consider a free software like Wave, zipbooks or Akaunting. These provide options from very basic reports to more comprehensive dashboards and all have free options.4 Questions to help you find the right software
1. What does your business need?
List the accounting tasks that you need the software to complete. If you are a freelancer or sole trader that tasks you need it to do will be far less than a large more complex business.
2. Will the Software grow with my business?
Think about how your business will look in the future. Can you upgrade the software to more features that you require later. A one-man band may look to subcontract later and hire a larger team which may require the ability to run more comprehensive reports to track financials.
3. Is the software easy to use?I
This is very important especially if you aren’t overly tech savvy. Software with a lot of features can be overly complex to use. You don’t want a software that requires an accounting or IT degree to use and takes ages to send an invoice as there is so many things to complete before being able to send it.
4. Is the customer support any good?
It is always good to check online reviews to ensure you will be supported if something goes wrong. They don’t have to have a phone number however an email address or chat function that is actually monitored is helpful especially if they send detailed instructions to fix issues like Xero does.
Choosing the right accounting package is important as you don’t want to have to change software in a years time. This can end up costing you more as you may need an accountant to setup new software and import all relevant data from your old system to setup the next one.
We have exciting news that a new accounting software firm has entered the NZ market in that last couple of weeks. Check out our next article to see the packages that they are offering to the NZ market. This may tick all the boxes that you need in a software or it could be perfect for someone you know who is starting a new business. While we are big advocates for Xero as it is so easy to use, we are happy to let the small business community know about other software that may suit their needs better.
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