Microsoft has announced the Work IQ Retrieve tool that gives agents a single retrieval layer over authorized workplace data. The tool supplies both structured hits and citation-ready markdown so agents can ground responses without custom search systems.

The tool returns structured retrieval hits carrying metadata such as URL and sensitivity label, plus a grounding markdown field that contains inline citations.
Admins should review capability allow-lists before enabling custom agents to ensure retrieval stays within intended data scopes.
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Cohere announced the initial close of a Series E round targeting up to CAD $7 billion, which would value Cohere at CAD $35.7 billion if fully raised. The companies of Schwarz Group lead the round. Cohere calls it the largest private raise by a Canadian tech company.
Alphabet reportedly raised about $41.4 billion through stock sales and debt in the third quarter to fund AI-related capital spending. The moves supported $51.355 billion in capex while Google Cloud revenue grew 103 percent year over year.
Marvell is in advanced talks to acquire optics maker Lumentum, Bloomberg News reported Oct 28, citing people familiar, and a source told Reuters the same. A deal could be announced as soon as next week, though talks are private and no agreement has been reached. Lumentum rose about 9% after hours and Marvell fell more than 8%, per Reuters.
Samsung reported record third-quarter operating profit of 107.4 trillion won and said it is the world's first tech company to exceed 100 trillion won in quarterly operating profit. Its chip division earned 106.5 trillion won of that, and Samsung said on its call it expects 2027 results to surpass 2026.
Microsoft reported fiscal first-quarter revenue of $92.3 billion, up 19 percent, with Azure growth of 48 percent. Microsoft Cloud revenue was $63.9 billion, up 30 percent, and Devices and Consumer revenue fell 3 percent to $15.5 billion.