Corporate: Page 2


  • GM Chandler IT innovation center
    Image attribution tooltip
    Courtesy of General Motors
    Image attribution tooltip

    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 Aug. 28, 2023
  • Full length shot of a group of businesspeople waiting in line for a job interview.
    Image attribution tooltip
    PeopleImages via Getty Images
    Image attribution tooltip

    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 Aug. 22, 2023
  • The Kyndryl logo pictured inside the IT infrastructure services provider's headquarters in New York.
    Image attribution tooltip
    Permission granted by Kyndryl
    Image attribution tooltip

    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 Aug. 9, 2023
  • Employees sit around a table at an Adecco Group office.
    Image attribution tooltip
    Courtesy of The Adecco Group
    Image attribution tooltip

    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 Aug. 8, 2023
  • The logo for consumer lending firm Capital One Financial Corp is seen on its headquarters on January 20, 2023 in McLean, Virginia.
    Image attribution tooltip
    Win McNamee / Staff via Getty Images
    Image attribution tooltip

    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 July 21, 2023
  • People walk up from the plaza at the Citigroup Center November 17, 2008 in New York City.
    Image attribution tooltip
    Chris Hondros / Staff via Getty Images
    Image attribution tooltip

    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 July 17, 2023
  • Exterior front rendering of Discover Financial Services' Chatham Customer Care Center in Chicago, Illinois.
    Image attribution tooltip
    Permission granted by Discover
    Image attribution tooltip

    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 July 13, 2023
  • Unilever’s global headquarters. London, UK.
    Image attribution tooltip
    Courtesy of https://www.unilever.com/news/press-and-media/media-assets/
    Image attribution tooltip

    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 July 5, 2023
  • Pepsi sodas are displayed on a store shelf.
    Image attribution tooltip
    Brandon Bell / Staff via Getty Images
    Image attribution tooltip

    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 June 30, 2023
  • OpenAI Chief Executive Officer Sam Altman speaks during an event at Keio University on June 12, 2023 in Tokyo, Japan.
    Image attribution tooltip
    Tomohiro Ohsumi via Getty Images
    Image attribution tooltip

    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 June 14, 2023
  • Accenture's logo is placed at a temporary office during the World Economic Forum 2022 in Davos, Switzerland on May 25, 2022.
    Image attribution tooltip

    Arnd Wiegmann/Reuters

    Image attribution tooltip

    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 June 13, 2023
  • A general view outside the Microsoft Experience Centre in Oxford Circus on April 26, 2023 in London, England.
    Image attribution tooltip
    Belinda Jiao via Getty Images
    Image attribution tooltip

    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 June 8, 2023
  • The Macy's logo is seen above a display of clothing for sale
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    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 June 7, 2023
  • Attendees arrive during AWS re:Invent 2022, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 29, 2022 in Las Vegas, Nevada.
    Image attribution tooltip
    Noah Berger via Getty Images
    Image attribution tooltip

    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 May 24, 2023
  • Customers enter BJ's Wholesale Club February 21, 2007 in Philadelphia, Pennsylvania.
    Image attribution tooltip
    Jeff Fusco via Getty Images
    Image attribution tooltip

    BJ’s CIO to depart after 6 years

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

    By May 22, 2023
  • A sign is posted in front of a Marriott hotel.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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 May 19, 2023
  • Sam Altman, CEO of OpenAI, standing outside of a Congress hearing room
    Image attribution tooltip
    Lindsey Wilkinson/CIO Dive
    Image attribution tooltip

    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 May 16, 2023
  • Marisol Tapia Hopper sits next to Constance Green during a National Skills Coalition panel
    Image attribution tooltip
    Caroline Colvin / HR Dive/CIO Dive
    Image attribution tooltip

    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
  • Attendees walk through an expo hall during AWS re:Invent 2022, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 29, 2022 in Las Vegas, Nevada.
    Image attribution tooltip
    Noah Berger via Getty Images
    Image attribution tooltip

    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 April 28, 2023
  • The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    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 April 26, 2023
  • Visitors check out a slimmed down version of the IBM Watson supercomputer recently featured on the Jeopardy television game show at the IBM stand at the CeBIT technology trade fair on March 2, 2011 in
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    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 April 20, 2023
  • A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City.
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    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 April 20, 2023
  • An illustration of chat bubbles
    Image attribution tooltip
    filo via Getty Images
    Image attribution tooltip

    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 April 19, 2023
  • Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    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 April 18, 2023
  • Nordstrom storefront
    Image attribution tooltip
    Tim Boyle/Staff via Getty Images
    Image attribution tooltip

    Nordstrom hires Walmart tech exec as CTIO

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

    By April 17, 2023