Bank of America is growing more bullish on software valuations, lifting price estimates on 10 equities as concerns that artificial intelligence could upend traditional software companies begin to fade. The Aug. 19 research report doesn't represent an across-t…
At one point, Cummins (NYSE: CMI) seemed headed for the dustbin of history as the world moved toward electric vehicles. After all, the company's core business has long been making the large combustion engines that power trucks. But things have a habit of chan…
Enflame Technology, one of China's leading AI chipmakers, will open share subscriptions on September 2 for its 6 billion yuan ($892.21 million) IPO on Shang...
Microsoft employees aren't just comparing salaries this year, they're comparing how much AI they use. An internal spreadsheet viewed by Business Insider shows hundreds of employees voluntarily reporting not only their raises, bonuses, and stock awards, but al…
Porsche has signed a five-year contract worth 1.25 billion euros ($1.46 billion) for artificial intelligence with India's largest IT services firm, Tata Consultancy Services. As part of the deal, TCS will acquire Porsche's IT consulting business, MHP, for 320…
