Tech companies are cashing in on the artificial intelligence (AI) boom, with first-quarter results showing surging demand for everything from voice assistants to cloud computing. The AI gold rush is lifting sales and profit at specialists like SoundHound and Nvidia and more prominent players like Microsoft and Baidu, highlighting...
Microsoft says it is investing $4.3 billion toward tech projects in France. The spending package will focus on cloud and artificial intelligence (AI) infrastructure, “AI skilling, and French Tech acceleration,” the company announced Monday (May 13), with the goal of training 1 million people and supporting 2,500 AI...
Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. That’s according to a report Sunday (May 12) by Seeking Alpha, citing research by Wedbush. As the report notes, it’s a dramatic jump in AI spending, which last year accounted for...
IBM has introduced a new service that will help enterprises integrate generative artificial intelligence (AI) copilots into their organizations. Offered by IBM Consulting, the new IBM Copilot Runway will assist enterprises with creating, customizing, deploying and managing these copilots, including those powered by Copilot for Microsoft 365, the company said in a...
May 03, 2024
As tech giants like Google, Microsoft and OpenAI accelerate their artificial intelligence (AI) efforts, Apple is charting a more deliberate course and expressing optimism about the technology’s future. The iPhone maker, known for its meticulous approach to product development, is carefully assessing the AI landscape before making significant moves. During Apple’s second-quarter earnings call on Thursday […]
April 15, 2024
In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following an earlier massive breach in...
March 21, 2024
Saudi Arabia aims to carve out a leadership role in the burgeoning artificial intelligence (AI) field with a proposed $40 billion investment fund, as The New York Times reported. The...
March 08, 2024
The global push for digital transformation is gaining momentum, with global institutions increasingly taking part in shaping the landscape. The recent World Bank’s inaugural Global Digital Summit, which convened leaders...
May 17, 2024
The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that Microsoft Corporation’s partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2022,” the regulator said in a Friday (May 17) update. The […]
May 13, 2024
Microsoft says it is investing $4.3 billion toward tech projects in France. The spending package will focus on cloud and artificial intelligence (AI) infrastructure, “AI skilling, and French Tech acceleration,” the company announced...
May 12, 2024
Artificial intelligence (AI) projects are set to comprise up to 10% of companies’ IT budgets. That’s according to a report Sunday (May 12) by Seeking Alpha, citing research by Wedbush....
May 10, 2024
IBM has introduced a new service that will help enterprises integrate generative artificial intelligence (AI) copilots into their organizations. Offered by IBM Consulting, the new IBM Copilot Runway will assist enterprises with creating, customizing, deploying...
