50 articles tagged
Southeast Asia's largest bank, DBS, is projecting over $768 million in revenue from its AI initiatives this year, challenging the industry narrative of low returns.
Workflow documentation startup Scribe has raised $75 million in a Series C round, boosting its valuation to $1.3 billion to launch a new AI optimization platform.
US companies announced over 150,000 job cuts in October, the highest for the month in two decades, driven by cost-cutting and the rise of artificial intelligence.
Bank of America has increased its annual strategic technology spending to $4 billion, a 44% rise over the past decade, focusing on large-scale AI projects.
Many businesses fail not because of a bad strategy, but due to a critical disconnect between their plans and their day-to-day actions, a concept known as coherence.
Meta Platforms Inc. announced a significant increase in 2026 expenses and capital spending, primarily to fund its ambitious artificial intelligence initiatives, causing shares to fall. The company is
Cloud platform Vercel has automated its inbound sales team by creating an AI agent modeled on its top employee, reassigning nine workers to higher-value roles.
New research shows that while over half of U.S. companies use AI daily, most feel their workforce is unprepared, creating a major skills gap in the modern economy.
Artificial intelligence is creating a significant productivity gap between large and small companies, with major firms seeing substantial gains while smaller businesses decline.
JPMorgan Chase is now offering its 300,000+ employees an internal AI tool to help draft annual performance reviews, signaling a major shift in corporate processes.
OpenAI has forged multi-trillion-dollar deals for chips and infrastructure, largely bypassing external advisers. CEO Sam Altman and a small internal team, including President Greg Brockman and CFO Sar
WWE's Chief Content Officer Paul 'Triple H' Levesque has assured creative staff that no writers will be replaced by AI, despite the company's new partnership with an AI writing platform.
