The Latest
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Nvidia shows strong AI demand as enterprises grapple with ROI
The company sustained its streak of record revenue growth in Q3, propelled by massive AI infrastructure investments from hyperscalers and model developers.
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Target adds $1B to store, tech investments as it deepens AI usage
Incoming CEO Michael Fiddelke said part of the company’s turnaround plan centered on technology, including new applications of AI.
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Beauty brands lay foundation for AI-driven gains
E.l.f Beauty, Coty and Estée Lauder Companies are spotting early benefits of their AI efforts, such as faster innovation timelines and reduced costs.
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EU plans to pull back on digital regulations
The new policy package would streamline AI, data and cybersecurity rules for European businesses and defer EU AI Act enforcement by 16 months.
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Intel taps Adobe exec as CIO amid turnaround efforts
Cynthia Stoddard will lead the company's IT organization, reporting directly to CEO Lip-Bu Tan as the company pursues modernization.
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Alphabet, HP, IBM finance execs spotlight cautious AI pilots
Keeping humans “in the loop” and sanitizing data were among the AI deployment guardrails emphasized by top financial executives at an FEI conference last week.
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Microsoft, Nvidia partner with OpenAI competitor Anthropic
The companies said the deal will broaden enterprise model choice as the hyperscaler rolls out a series of agentic AI updates across its portfolio.
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EU regulators launch trio of cloud market probes
Microsoft Azure and AWS don’t meet gatekeeper thresholds under the EU’s Digital Markets Act. The European Commission is assessing whether they should still qualify.
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Levi’s picks Microsoft to deploy ‘super-agent’
The apparel giant said it will launch a "complex agentic framework" in 2026 that will integrate several sub-agents across IT, HR and operations.
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CISO pay is on the rise, even as security budgets tighten
Companies are boosting benefits to retain their top security executives, a recent report found.
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CIOs gain prominence as AI takes root
Tech chiefs are working more closely with their CEOs as their expertise is increasingly seen as critical to enterprise AI success.
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SAP addresses EU’s competition concerns
The ERP vendor defended its platform maintenance and support policies as standard industry practices but still committed to a series of changes.
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CTOs expect AI use to cut jobs by 2030
The majority of tech chiefs plan to redeploy affected employees internally amid wider automation, according to an Akkodis report.
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RaceTrac names former Pilot, McDonald’s exec as first CIO
Ameet Shetty will spearhead the Atlanta-based retailer’s ongoing tech transformation, which has advanced at an industry-leading pace in recent years.
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3 in 10 firms plan to replace workers with AI next year
The industries most likely to see AI-related layoffs include IT, financial services and accounting, a survey found.
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Broadcom launches open ecosystem for VMware Cloud Foundation
The move comes nearly two years after Broadcom acquired VMware and aligns with its plans to present VCF as a private cloud alternative to hyperscalers.
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C-suite leaders break their own AI rules
Most business leaders are using unapproved tools regardless of compliance requirements, according to a Nitro report.
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Tech job demand rose in October, CompTIA analysis shows
Despite recent rounds of layoffs from IT giants, the trade association reported nearly half a million open postings last month.
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Regulatory risks push cloud leaders to alter infrastructure plans
Hybrid cloud strategies will keep gaining momentum as IT leaders balance innovation with local data requirements.
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Shadow AI is widespread — and executives use it the most
Employees in fields like healthcare and finance trust AI more than they trust their colleagues, according to a new report.
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Banks turn to AI supervisors as agent use surges
Financial institutions are rapidly deploying AI agents in pursuit of billions in economic value, according to Capgemini.
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Why BNY CEO Robin Vince stays big on AI
“My mantra on this is: AI is for everyone, everywhere, everything at BNY,” Vince said at the Money20/20 conference in Las Vegas.
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Bank of America runs 270 AI models across operations
The technology will fuel growth and help curb costs through several use cases, executives said during last week's investor day.
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Migration issues cost businesses $315K per project, study finds
Mounting pressure to modernize, consolidate and take advantage of new AI tools is wasting enterprise resources – hurting employee morale.
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AI agents worsen IT’s capacity crunch: S&P Global
An infrastructure overhaul to support agentic systems is underway, bringing with it a new set of capacity demands and security considerations.