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

Explore the Trendline➔

Communication and collaboration software

To compete in their industries, businesses rely on a growing set of digital tools that bring workers together, making the whole greater than the sum of its parts. But the balance is delicate. 

By CIO Dive staff

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

Stack Overflow embraces generative AI as developers voice concerns

Individual contributors on the platform raised concerns about the validity of information generated by AI, information overload and data privacy. 

By Lindsey Wilkinson • April 19, 2023

Amazon CEO underscores AWS pledge to help customers manage cloud spend

Optimization has replaced optimism in the cloud as rising interest rates and persistent inflation hamper revenue growth, an issue the cloud king promises it won’t ignore. 

By Matt Ashare • April 18, 2023

Nordstrom hires Walmart tech exec as CTIO

Jason Morris will start as chief technology and information officer at the retailer on May 1.

By Lindsey Wilkinson • April 17, 2023

Wells Fargo prioritizes technology in leadership reshuffle

The bank’s head of technology, Saul Van Beurden, will take over as CEO of Consumer and Small Business Banking.

By Matt Ashare • April 14, 2023

T-Mobile shores up tech leadership, promotes 2 from within

Ulf Ewaldsson became president of technology at the telecom giant and John Saw was named CTO, CEO Mike Sievert announced Tuesday.

By Matt Ashare • April 13, 2023

Enterprise ESG aspirations hampered by budget constraints, lack of tools

Companies want to advance sustainability, according to a Google Cloud report, but have failed to commit sufficient resources.

By Matt Ashare • April 12, 2023

The route to CIO: How companies are sourcing tech execs

With salaries rising and portfolios expanding, the stakes are higher than ever to find technology leaders.

By Matt Ashare • April 3, 2023

GPT-4 draws more heat as AI advocates file FTC complaint against OpenAI

An AI advocacy group’s complaint arrived the same week FTC Chair Lina Khan said AI was top of mind for the agency while speaking at an antitrust summit.

By Lindsey Wilkinson • March 30, 2023

Call for a pause on AI training met with skepticism

Even those in favor of more rules and guidance surrounding the rapid onset of generative AI systems said the approach shared by The Future of Life Institute is unlikely to work.

By Lindsey Wilkinson • March 29, 2023

Kimberly-Clark global tech exec moves to McCain Foods

Manoj Kumbhat will serve as chief technology and information officer at McCain Foods.

By Lindsey Wilkinson • March 27, 2023

Tech vendor risk raises vetting stakes in wake of SVB crisis

Deposits are safe, but tech startups may no longer have access to venture debt and the lines of credit that helped fuel innovation.

By Matt Ashare • March 27, 2023