Atlassian Launches AI Agent Governance Tools for Jira

Cisco Systems introduced the Cisco AI POD for Splunk at the 2026 Splunk conference in Denver, a configuration that brings Splunk AI capabilities to customers running Splunk Enterprise in on-premises, private-cloud, and air-gapped environments by combining Cisco infrastructure with Nvidia accelerated computing. The move extends Cisco's push to capture more enterprise AI spending beyond hardware, and it comes alongside a multi-year agreement with AWS to co-develop Splunk-centered security products for AI-driven threats. Cisco took in $9.3 billion of AI infrastructure orders from hyperscalers in fiscal 2026, including $4 billion in the fourth quarter alone, and generated around $4 billion in AI infrastructure revenue during the year, a figure it expects to nearly double to $7.5 billion in fiscal 2027. The stress point is that infrastructure leads this growth and is exposed to competitive pricing and component cost inflation, while observability revenue grew just 6% in the fourth quarter, leaving open how quickly Cisco converts AI infrastructure into higher-value recurring software and security growth. Hedge fund positioning moved supportively before the Splunk announcement, with the number of funds holding Cisco rising to 101 in the second quarter from 97 in the first quarter and 77 in the fourth quarter, and short interest falling 5.77% from the prior reading to 55.5 million shares as of August 31.

Datadog's enterprise new logo annualized bookings more than doubled year over year in the second quarter of 2026, with customers generating $100,000 or more in annual recurring revenue climbing to about 4,720, a 23% increase from roughly 3,850 a year prior, while total customer count rose to approximately 33,400 from 31,400. Over 750 AI-native customers now rely on Datadog, and all 10 of the largest AI companies are counted among its customers, with MCP tool calls quadrupling quarter over quarter. The momentum builds on a quarter in which revenues grew 36% year over year to $1.12 billion, non-GAAP operating margin reached 23% from 20%, free cash flow rose to $279 million from $165 million, and remaining performance obligations reached $3.47 billion, up 43%. Third-quarter revenue guidance of $1.135 billion to $1.145 billion and a full-year range of $4.45 billion to $4.47 billion embed a previously flagged usage reduction from its single largest customer, while full-year non-GAAP operating income guidance of $1.01 billion to $1.03 billion points to continued margin discipline against elevated GAAP operating expense growth tied partly to the Adaptive ML acquisition. Rivals Dynatrace and Elastic are reporting comparable enterprise expansion, with Dynatrace posting record new-logo annual recurring revenue growth of more than 160% and total ARR of $2.14 billion, up 17%, and Elastic growing its $100,000-plus ACV customer cohort past 1,800 accounts alongside 27% remaining performance obligation growth. Datadog shares have surged 74.7% year to date, and the Zacks Consensus Estimate for 2026 earnings stands at $2.52 per share.