Global consulting firm Accenture has cut over 11,000 jobs in three months as part of an $865 million restructuring plan to focus on artificial intelligence.
Alibaba's stock is rising after the company announced it will increase its AI infrastructure spending beyond the planned $53 billion, prompting analyst upgrades.
Google's plan to remake Chrome with 'agentic AI' is raising business concerns over web traffic, as companies like OpenAI push AI into the mainstream.
Lufthansa Group plans to eliminate 4,000 administrative jobs by 2030, citing artificial intelligence and digitalization as key drivers for the change.
Artificial intelligence is shifting from an experimental tool to a reflexive, automatic part of daily business operations, reshaping workflows in finance, tech, and retail.
An analysis of the AI market suggests Alphabet's diverse growth in search, cloud, and autonomous technology could position its value to exceed competitors.
Qvantel has announced it is acquiring Optiva, merging two key players in the telecom Business Support Systems (BSS) sector to enhance AI and cloud capabilities.
A new Stanford study defines 'workslop' as low-quality AI-generated content in the workplace, finding it damages trust and perceived competence among colleagues.
Business leaders must move beyond AI hype to understand its practical implications, risks, and strategic value. Experts emphasize a measured approach, considering industry context, redefining ROI, and
SoundHound AI announced record Q2 revenue of $42.7 million, a 217% year-over-year increase, and projects future organic growth of 50% or more.
Generative AI companies are facing major financial hurdles, including high operational costs, significant copyright lawsuits, and competition from free open-source models.
Recent layoffs at Fiverr highlight a major shift as AI begins to automate white-collar jobs, creating a new 'Service as Software' industry in a $4T market.
