SaaS news, week of August 3, 2026

Machine summary KIDZ AI said it signed a data center memorandum of understanding with Limestone Networks to deploy inference compute infrastructure for open-weight AI models. The company said the move advances its $44.6 million Canopy Wave agreement.

1. KIDZ AI said it signed a data center MOU with Limestone Networks.
2. The MOU covers deployment of inference compute infrastructure for open-weight AI models, according to KIDZ AI.
3. KIDZ AI said the agreement advances its $44.6 million Canopy Wave agreement.

Reported by Globe Newswire and hawaiitelegraph.com (Big News Network).

• KIDZ AI Inc.
• Canopy Wave Agreement
• Limestone Networks, Inc.
• Canopy Wave, Inc.

Reports ran from 22:09 UTC on Aug 4 to 00:30 UTC on Aug 5.

The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

Reported by goulburnpost.com.au, dailyadvertiser.com.au, canberratimes.com.au, Perthnow and The Star.

• Amazon
• Perplexity AI

Machine summary Easy & Quick Trans' Ben Leppert said the platform has helped the carrier scale as its fleet grew to more than 100 trucks, and Trucker Path CMO Chris Oliver said the experience demonstrates how a centralized platform can support fleet operations and drivers.

1. Leppert said the platform has helped Easy & Quick Trans scale without adding unnecessary complexity as its fleet has grown to more than 100 trucks.

Reported by Pr Newswire and thetrucker.com.

• Easy & Quick Trans
• Trucker Path

Machine summary Huawei Cloud has appointed Redington as its distributor in Indonesia, according to reports. The appointment is described as aimed at accelerating cloud and AI adoption.

1. Huawei Cloud appointed Redington as its Indonesia distributor, according to reports.
2. The reports state the appointment is intended to accelerate cloud and AI adoption.

Reported by Philippine Times (Big News Network), asiabulletin.com (Big News Network) and malaysiasun.com (Big News Network).

• Huawei Cloud
• Redington

Machine summary Texas officials do not know exactly how much water and power data centers use. Texas officials do not know exactly how much water and power data centers use, and a 990 MW plant is already operating.

1. The Vistra Hays Power Plant near San Marcos generates 990 megawatts, enough for 250,000 homes, and is larger than Austin’s largest plant, Sand Hill Energy Center (595 MW).
2. Texas Governor Greg Abbott ordered an effective pause on all new data center grid connections until officials quantify the facilities’ water and power consumption.
3. A developer’s proposal to build a data center adjacent to Torrie Martin’s ranch in Hays County was met with community opposition and ultimately halted due to resource concerns.

Reported by ktep.org and hppr.org.

• Greg Abbott
• Sand Hill Energy Center
• San Marcos
• Vistra Hays Power Plant

Machine summary Cognizant reported second-quarter 2026 revenue of $5.5 billion, representing 4.1% year-over-year growth in constant currency, according to an earnings call transcript. The company reported adjusted operating margin of 16.0% and adjusted EPS of $1.37, and said it signed seven large deals each exceeding $100 million in total contract value.

1. Cognizant reported Q2 2026 revenue of $5.5 billion, representing 4.1% year-over-year growth in constant currency, according to the earnings call transcript.
2. Financial Services revenue was $1.733 billion, up 11.7% in constant currency, according to the transcript.
3. Adjusted operating margin was 16.0%, a 40-basis-point year-over-year expansion, and adjusted EPS was $1.37, up 4.6% year over year, according to the transcript.
4. Bookings were $29.1 billion on a trailing 12-month basis, a 5% increase with a book-to-bill ratio of 1.3, and seven agreements were signed with total contract value exceeding $100 million each, according to the transcript.
5. According to the transcript, revenue guidance for the full year was $22.04 billion to $22.35 billion, which represented growth of 4% to 5.5% in constant currency; adjusted EPS guidance for the full year was $5.70 to $5.82.

Reported by Motley Fool.

Machine summary DPIIT signed five memoranda of understanding to expand digital, cloud and investment support for startups, according to reports.

1. DPIIT signed 5 MoUs, according to reports.
2. The MoUs are to expand digital, cloud and investment support for startups, according to reports.

Reported by ohiostandard.com (Big News Network) and cincinnatisun.com (Big News Network).

• Department for Promotion of Industry and Internal Trade (DPIIT)

The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

Reported by nasdaq.com and fool.com.

• Upstart Holdings