Tyson CTO departs, CIO takes over

Amid a year of executive reshuffling, the food industry giant ended a collaborative tech leadership structure initiated in February.

By Lindsey Wilkinson • Sept. 12, 2023

California to set guidelines for public sector generative AI

The state, which joins a growing number of governing bodies scrutinizing generative AI, will issue public sector usage guidelines by January.

By Lindsey Wilkinson • Sept. 8, 2023

Salesforce banks on price hike, generative AI to spur revenue growth

In the words of the CRM giant's CEO Marc Benioff, “that's the AI revolution coming at you, baby, so get ready.”

By Matt Ashare • Aug. 31, 2023

GM to close IT innovation center in Arizona, cut staff

The closure will impact more than 900 General Motors employees as the company works to align its footprint and IT resources in the U.S.

By Lindsey Wilkinson • Aug. 28, 2023

ChatGPT, NLP and TensorFlow top list of in-demand generative AI skills

Businesses are looking to hire generative AI freelancers to support development and adoption efforts of large language models, Upwork data shows. 

By Lindsey Wilkinson • Aug. 22, 2023

Kyndryl leans on consulting, deepens Microsoft alliance in post-IBM drive to profitability

The IT services company remains committed to cloud but is banking on its expertise in mainframe modernization and hybrid ecosystems to fuel growth.

By Matt Ashare • Aug. 9, 2023

Adecco Group taps PepsiCo exec to lead IT operations

The second-largest global HR services provider welcomed Caroline Basyn to its executive committee as it pushes AI-enabled digital products across its portfolio.

By Matt Ashare • Aug. 8, 2023

Capital One bets on tech engine for card and retail banking growth

“Our modern technology capabilities are generating an expanding set of opportunities across our business,” CEO Richard Fairbank said Thursday.

By Matt Ashare • July 21, 2023

Citi pours $3B into tech modernization, adds 7K IT jobs

The company shifted spend from third-party consultants to full-time technologists amid digital transformation, CFO Mark Mason said during a Q2 earnings call.

By Matt Ashare • July 17, 2023

Discover pulls new CIO from Wells Fargo

Jason Strle, a 20-year tech vet, succeeds Amir Arooni, who spent nearly three years as the financial services company's CIO.

By Matt Ashare • July 13, 2023

Unilever elevates North America CIO to global VP role

The global consumer goods giant reconfigured its tech leadership, moving Alessandro Ventura from its U.S.-based operation to its London headquarters.

By Matt Ashare • July 5, 2023

PepsiCo begins ethical AI research with Stanford

The beverage giant will research ethical AI in supply chains, customer experience, sustainability and organizational design alongside the Stanford Institute for Human-Centered AI.

By Lindsey Wilkinson • June 30, 2023

OpenAI lowers costs of running ChatGPT models, again

The ChatGPT maker is lowering the costs of running its embeddings model by 75% and its GPT-3.5 Turbo’s input tokens by 25%.

By Lindsey Wilkinson • June 14, 2023

Accenture to invest $3B in AI and double AI workforce

The consulting professional services company will add 40,000 AI-skilled employees through hiring, acquisition and training, an investment plan that comes just months after the firm announced layoffs impacting 19,000 people.

By Lindsey Wilkinson • June 13, 2023

Microsoft partners with PwC and EY to promote AI safety

Microsoft acknowledged its commitments to safety must adapt to evolving technology and regulatory conditions.

By Lindsey Wilkinson • June 8, 2023

Macy’s remains committed to tech investments after sluggish quarter

The slowdown in sales comes as the company plans to invest $1 billion in 2023 and up to $3 billion over the next three years, primarily focused on digital and technology projects.

By Lindsey Wilkinson • June 7, 2023

AWS doubles size of first AI accelerator cohort after flurry of interest

The tech giant expanded its initial start-up cohort to 21 after receiving more than 1,200 applications, including several aimed at enterprise functionality.

By Lindsey Wilkinson • May 24, 2023

BJ’s CIO to depart after 6 years

The club retailer is losing longtime EVP and CIO Scott Kessler, effective Friday. 

By Lindsey Wilkinson • May 22, 2023

Marriott seeks improved efficiency, higher revenue amid tech overhaul

The hotel chain is re-platforming systems, investing in tech infrastructure and enhancing its mobile app as it boosts its yearly technology spending by around $150 million.

By Lindsey Wilkinson • May 19, 2023

OpenAI CEO asks Congress for AI regulation and a new agency

Sam Altman joined experts from IBM and New York University to ask Congress for swift AI regulation. They're just split on what form it should take.

By Lindsey Wilkinson • May 16, 2023

How digital upskilling brings more talent of color into pipelines

During the National Skills Coalition’s summit, three labor advocates explained why investment in basic digital skills is key to building a talent pool.

By Caroline Colvin • May 11, 2023

AWS revenue growth slows as cloud market expands

Revenue growth has slowed for Amazon’s cloud division as customers seek cost savings in workload optimization.

By Matt Ashare • April 28, 2023

Google Cloud and Microsoft tease plans to integrate generative AI into core products

Each hyperscaler used recent earnings calls to highlight the momentum and eagerness its customers have for the new technology. 

By Lindsey Wilkinson • April 26, 2023

IBM leans on AI, hybrid cloud as infrastructure business stalls

“We've been digitally transforming IBM, much in the same way we're helping our clients with their transformation,” CFO James Kavanaugh said during Wednesday’s Q1 2023 earnings call.

By Matt Ashare • April 20, 2023

Citigroup technology expenses grow as it pushes transformation

The financial services company increased its IT spending, retired legacy platforms and invested in cloud-based solutions, CFO Mark Mason said.

By Matt Ashare • April 20, 2023