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Microsoft's share price dropped 10% despite surpassing $50B in quarterly cloud revenue, as AI-related capital expenditures fell short of expectations.

AI Regulation

Okta's survey reveals that while 70% of boards in APJ acknowledge AI security risks, fewer than 10% have IAM systems fully equipped to manage...

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Amazon cuts 16,000 corporate jobs as AI transforms workforce dynamics, while Meta invests $135 billion in AI infrastructure to redefine market leadership

AI Business

AI Business

Modal Labs aims for a $2.5 billion valuation in its latest funding round, significantly up from $1.1 billion just six months ago, as investor...

AI Business

Federal regulators must unify AI guidelines to combat rising mortgage origination costs, which have surged to $11,800, hindering housing affordability.

AI Business

Bata India modernizes its retail operations by migrating core systems to Oracle Cloud, enhancing efficiency and positioning for AI-driven insights in a competitive market

AI Business

Synthpop secures $15M in Series A funding to enhance its AI platform, automating 80% of healthcare workflows and reducing processing times from 40 minutes...

AI Technology

AI Technology

GDPR compliance blocks access to numerous websites for EEA users, fragmenting online resources and limiting valuable information access across the region

AI Technology

OpenAI may soon launch a crypto token to address its $1.4 trillion compute needs, transforming AI financing and resource management amid soaring operational costs.

AI Technology

VSORA, led by Chairwoman Sandra Rivera, aims to revolutionize AI with a focus on inference, enhancing efficiency and sustainability across industries.

AI Technology

Margaret Mitchell of Hugging Face asserts that ethical frameworks must guide AI regulation to ensure technologies align with societal values amid escalating scrutiny.

AI Technology

DXC Technology opens a London Customer Experience Center to help enterprises harness AI for measurable ROI, addressing operational challenges in regulated sectors.

AI Technology

Beijing Zhilian Technology secures 40 million yuan in angel funding to accelerate mass production of its groundbreaking optical switching chips for AI networks.

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