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3 in 10 firms plan to replace workers with AI next year
The industries most likely to see AI-related layoffs include IT, financial services and accounting, a survey found.
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Broadcom launches open ecosystem for VMware Cloud Foundation
The move comes nearly two years after Broadcom acquired VMware and aligns with its plans to present VCF as a private cloud alternative to hyperscalers.
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C-suite leaders break their own AI rules
Most business leaders are using unapproved tools regardless of compliance requirements, according to a Nitro report.
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Tech job demand rose in October, CompTIA analysis shows
Despite recent rounds of layoffs from IT giants, the trade association reported nearly half a million open postings last month.
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Regulatory risks push cloud leaders to alter infrastructure plans
Hybrid cloud strategies will keep gaining momentum as IT leaders balance innovation with local data requirements.
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Shadow AI is widespread — and executives use it the most
Employees in fields like healthcare and finance trust AI more than they trust their colleagues, according to a new report.
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Banks turn to AI supervisors as agent use surges
Financial institutions are rapidly deploying AI agents in pursuit of billions in economic value, according to Capgemini.
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Why BNY CEO Robin Vince stays big on AI
“My mantra on this is: AI is for everyone, everywhere, everything at BNY,” Vince said at the Money20/20 conference in Las Vegas.
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Bank of America runs 270 AI models across operations
The technology will fuel growth and help curb costs through several use cases, executives said during last week's investor day.
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Migration issues cost businesses $315K per project, study finds
Mounting pressure to modernize, consolidate and take advantage of new AI tools is wasting enterprise resources – hurting employee morale.
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AI agents worsen IT’s capacity crunch: S&P Global
An infrastructure overhaul to support agentic systems is underway, bringing with it a new set of capacity demands and security considerations.
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How 3 industries approach AI adoption
From retailers to beverage makers, the technology is driving operational change and boosting productivity at leading companies.
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AI-based malware makes attacks stealthier and more adaptive
Google says it has discovered at least five malware families that use AI to reinvent themselves and hide from defenders.
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Senate proposal wants AI-related job loss reports
The draft of the bipartisan bill comes as industries reckon with the labor impacts of ongoing AI deployment.
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More than 1 in 3 companies plan to replace entry-level roles with AI
Cutting junior hires may increase savings in the short run, but drying up the pipeline to future leaders could create a long-term crisis, a Korn Ferry report warned.
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SAP, Snowflake partner to unite cloud products
Users of SAP's Business Data Cloud will be able to access Snowflake’s AI and data platform as part of the collaboration announced Tuesday.
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IBM to lay off thousands as attention shifts to software
The company said it plans to trim its global workforce in its fourth quarter, citing a routine rebalancing.
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Yum Brands advances AI strategy despite disruptions
The restaurant company looks to bolster efficiencies as leadership changes settle and economic disruption lurks.
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3 steps to guide AI PC rollouts
End user computing trends are shifting, driven by demand for AI-ready devices and sunsetting support for Windows 10.
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To boost AI adoption, CIOs lean on training, guardrails
Executives are aiming for a careful balance in AI adoption efforts: expand use of the technology while ensuring no employee is left behind.
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Clorox blames Q1 sales drop on elongated ERP overhaul
The company says the majority of the implementation is complete as executives shift focus to rebuilding momentum.
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Colgate-Palmolive plans agentic AI push in pursuit of growth
The company anticipates using the technology to enhance its commerce strategy and forecast demand, executives said during an earnings call Friday.
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OpenAI, AWS sign $38B compute deal
The agreement marks the first major hyperscaler infrastructure partnership announced by the AI company since its corporate restructuring.
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Windows Server Update Service exploitation ensnares at least 50 victims
Hackers could be gathering intelligence for future attacks, Sophos researchers said. Authorities warn users to apply patches and check for compromise.
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AWS revenue jumps 20% to $33B in third quarter
The uptick in growth might indicate that CIOs are moving from a cost savings to a project investment mindset, according to one analyst.
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