Thu, May 28, 2026 at 2:46 PM UTC What happened: Snowflake (SNOW) stock jumped 38% on Thursday in its best day ever after the cloud data company posted better-than-expected quarterly results, driven by accelerating enterprise AI demand for its platform and an expanded deal with Amazon’s (AMZN) Amazon Web Services. Shares of peer ServiceNow (NOW)…
Quick Read The software layer of AI infrastructure has lagged semiconductor funds because enterprise budget reallocation toward AI-enabled software remains a “show me” story, but once IT spending shifts from infrastructure capex to software applications, these three funds stand to capture the second wave of AI gains that chip-heavy funds like SOXX have already priced…
Businessman touching the brain working of Artificial Intelligence (AI) in the futuristic business and coding software development on interface and synchronize network connection, IoT, innovative and technology of business. istock photo for BL | Photo Credit: ipopba Redseer Strategy Consultants has published a report outlining AI’s role as the next growth catalyst in advertising. Currently…
About 90% of companies are now using AI in the hiring process, according to the World Economic Forum. A new study from the Stanford Institute for Human-Centered AI finds that one AI hiring tool used by lots of companies is often biased against Black and Asian applicants. Anyone who’s been job searching knows it’s rough…
Indian IT firm Cognizant is deploying Anthropic’s Claude AI assistant to help modernise the technology infrastructure of travel technology company Travelport, as enterprises increasingly adopt generative AI tools to accelerate software development and automate operations. The collaboration will initially focus on Travelport’s booking and servicing platform, including systems handling bookings, exchanges, refunds and disruption management….
B2B brands have reached a “survival threshold” where AI-powered personalisation is widening the gap between commercial leaders and laggards, new research from McKinsey suggests. The consultancy’s 2026 Global B2B Pulse Survey, based on responses from nearly 4,000 decision-makers across 13 countries, found companies outperforming rivals are significantly more likely to combine hyper-personalisation, scaled generative AI…
Published: 28 May. 2026, 17:17 Updated: 28 May. 2026, 17:33 This illustration photograph taken in Mulhouse, eastern France on February 11, 2025, shows the logo of OpenAI’s artificial intelligence chatbot ChatGPT. [AFP/YONHAP] Four out of 10 Koreans said they used generative AI last year, while concerns over the negative effects of AI grew from…
PwC Cyprus CEO-elect Andreas Yiasemides has stressed that artificial intelligence is “no longer a future ambition or a technology experiment taking place on the margins of day-to-day business”, describing it instead as “a defining force behind how organisations operate, compete and create value”. Yiasemides said the conversation has shifted decisively from “what AI could do”…
YouTube to auto-detect AI content: Here’s how YouTube is tightening its grip on AI-generated content. Starting immediately, the Google-owned platform will automatically detect and flag videos created with photorealistic generative AI tools even if creators don’t disclose the use themselves. In the last one year, it was mandatory for YouTube users to self-report any content…
Productivity agent WorkBuddy, creative agent Miora and Model-as-a-Service platform TokenHub launch globally to accelerate enterprise AI adoption Tencent Cloud, the cloud business of global leading technology company Tencent, today rolled out new offerings and tools of its enterprise AI stack to global markets at the inaugural Tencent Cloud Day Hong Kong. Convened under the theme…
