Amazon CEO Andy Jassy defends a massive $200 billion AI investment, citing AWS revenue surging past a $15 billion run rate — growing 260 times faster than AWS did in its early years — as Amazon stock hits record highs amid booming investor confidence in AI's transformative potential.
A new IBM CEO study finds that AI-first leaders are scaling more initiatives and driving autonomous decision-making from 25% to a projected 48% by 2030, while 76% now have a Chief AI Officer in place and 82% are already tapping into quantum ecosystems, revealing a widening competitive gap between prepared …
OpenAI's GPT-5.5 launches with doubled token prices over GPT-5.4, driving real-world cost increases of up to 92% for users, though longer prompts see partial relief as the model generates significantly fewer completion tokens.
SAP acquires Prior Labs in a €1 billion deal to build Europe's leading frontier AI lab, combining the startup's groundbreaking Tabular Foundation Models with SAP's enterprise data and AI infrastructure to deliver instant, top-performing machine learning capabilities at scale.
Celonis co-CEO Alex Rinke warns that companies deploying AI agents without process intelligence risk automating inefficiency at scale, as the Munich-born enterprise giant—now serving half the world's 200 largest companies—re-engineers itself for the AI era.
Cursor engineers have slashed unexpected tool call errors by 10x in a single sprint by combining AI-driven evaluations, A/B testing, anomaly detection, and custom model tuning to sharpen their agent harness and prepare for a multi-agent future.
Google DeepMind launches ProEval, a free open-source tool that slashes generative AI evaluation costs by up to 100x using Bayesian Quadrature techniques, achieving ±1% accuracy with a fraction of typical samples while proactively identifying model failure patterns across major benchmarks.
Perplexity launches a massive enterprise expansion of its AI agent platform at Ask NYC, introducing 50+ prebuilt workflows, Databricks and Snowflake integrations, financial data connections via Morningstar and PitchBook, and a 1Password integration — all while claiming $2.8 billion in labor-equivalent work completed since launch.
AI startup Rogo Technologies hits a $2 billion valuation after two former Wall Street bankers build a platform that automates the tedious grunt work of investment banking, including spreadsheet crunching and slide deck formatting.
Alphabet crushes Q1 2026 expectations as Google Cloud surpasses $20 billion in revenue for the first time, AI-powered cloud revenue skyrockets 800% year-over-year, Waymo hits 500,000 weekly autonomous rides across 11 U.S. cities, and paid subscriptions across YouTube and Google One reach 350 million.