CFOs in Q3 hold optimism, but cautious about spending plans
A pair of CFO surveys highlight how finance chiefs remain optimistic about the economy, but are cautious about investment plans due to uncertainty.
A pair of CFO surveys highlight how finance chiefs remain optimistic about the economy, but are cautious about investment plans due to uncertainty.
Micron Technology reported record data center revenue and saw strong demand for its data center DRAM and high bandwidth memory as well as data center SSD sales.
Meta has updated Meta AI with its Llama 3.2 models, launched new Ray Ban smart glasses, Meta Quest 3S and Orion, the company's first augmented reality glasses.
Verint said it expanded its analytics suite for contact centers as it launched a series of bots designed to automate customer experience.
Google Cloud's move to file a complaint with the European Commission over Microsoft's alleged anti-competitive business practices with Azure highlights how the cloud battle is moving to courtrooms and regulators.
Blackstone and Vista Equity Partners are taking Smartsheet private in an all-cash deal valued at $8.4 billion, or $56.40 a share.
Google Cloud launched a series of updates including new Gemini 1.5 Flash and 1.5 Pro models with a 2 million context window, grounding with Google search, premade Gems in Gemini in Google Workspace and a series of AI agents designed for customer engagement and conversation.
Do-it-yourself AI projects are alive and well as CxOs are trying multiple approaches for generative AI, getting some projects to production and looking for better returns, according to a pop-up attendee survey at Constellation Research's AI Forum.
Chris Nicholas, President and CEO Sam's Club, said artificial intelligence is enabling the company to "take 100 million tasks out of our clubs" even though it has more associates.
Boomi CEO Steve Lucas said that the number of AI agents will outnumber the number of people in your business in less than three years.
Enterprises that are leaders in artificial intelligence are evolving quickly and laying out plans for their next phases. The next phase of genAI deployments revolve around integrating AI into the business, optimizing processes, agility and scale. You should watch these companies closely for the road ahead.
Constellation Energy said that it is restarting Three Mile Island (TMI) Unit 1 and will sell about 835 megawatts of power to Microsoft for AI workloads. AI data centers are going to be increasingly co-located with nuclear power plants.