The AI trade is coming to a realization: America’s best businesses are turning into utilities. Such is the fate that befalls Meta, whose shares fell as much as 10% in after-hours trading Wednesday after the company missed earnings owing to costs ballooning 55…
Capgemini's CEO Aiman Ezzat highlighted legacy systems as AI adoption's main hurdle. Companies must modernize data and infrastructure for effective AI integration. This creates a multi-year investment cycle for essential technology upgrades. Businesses are pr…
The startup, which sells everything from sneakers to sports cards over livestream, is raising again barely a year after an $11.5bn round, as live commerce catches on in the West. Whatnot, the livestream-shopping platform where hosts sell sneakers, trading car…
ADA acquires Algonomy, strengthening its intelligent growth platform for a fully agentic experience
Microsoft CEO Satya Nadella laid out how the company is scaling its AI infrastructure and platform to keep pace with demand. He outlined these plans during an earnings call on July 29, when he also announced record revenue above US$331 billion for fiscal year…
