HSBC, General Atlantic Executives Warn AI Spending Outpaces Revenue Growth
HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.
HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.
Microsoft will invest $15.2 billion in the UAE over four years, shipping advanced Nvidia GPUs and building AI infrastructure while training local talent.
Major companies including Meta, Amazon, and YouTube are reducing white-collar staff as AI adoption accelerates. Goldman Sachs CEO warns of disruption but foresees workforce adaptation.
OpenAI and Amazon Web Services have announced a $38 billion multi-year partnership that will provide OpenAI with massive AWS infrastructure to power advanced AI workloads and future models.
Elon Musk is preparing to launch X Chat, a new encrypted messaging app that will integrate Bitcoin-style cryptography and position X as a fully private communication platform.
Gartner identifies AI agents, emotion AI, and digital twins as key drivers of modern sales transformation. These technologies are reshaping how organizations engage and understand customers.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, positioning it as one of the most anticipated tech listings in history.
Vention expands its AI-powered full-stack automation platform with AI Operator, a new Developer Toolkit, and advanced simulation features, enabling manufacturers to achieve faster, smarter, and safer automation from design to deployment.
IBM introduces the IBM Defense Model, a specialized AI solution co-developed with Janes, designed to deliver accurate, mission-critical intelligence in classified, edge, and air-gapped environments.
Cisco and NVIDIA unveil industry-first solutions for AI-ready data centers, including the N9100 series switch and Secure AI Factory enhancements, empowering enterprises, neocloud, and telecom customers with unmatched flexibility, performance, and security.
PayPal has signed an exclusive deal with OpenAI to integrate its wallet into ChatGPT, allowing users to make secure purchases directly within the AI platform starting next year.
Ark Invest CEO Cathie Wood says humanoid robots could become the most transformative opportunity in artificial intelligence, eclipsing sectors like autonomous transport and healthcare.
Elon Musk has unveiled Grokipedia – an AI-driven encyclopedia built on Grok that aims to offer factual, bias-free knowledge as an alternative to Wikipedia.
A study by the University of Maryland and Microsoft found that Polish outperforms English and other major languages in long-context AI prompts, surprising researchers.
OpenAI has unveiled ChatGPT Atlas, a new web browser with ChatGPT integrated directly into its interface, blending AI assistance, search, and memory into everyday browsing.