Apple surges on a 13% increase in iPhone sales, reporting 10% revenue growth, its biggest since December 2021; CEO Tim Cook vows to 'significantly grow' AI investments, open to acquisitions accelerating its AI roadmap, while seeing a 4% sales boost in China aided by device subsidies.
The U.S. Army unveils a groundbreaking $10 billion enterprise deal with Palantir, revolutionizing its software procurement model to increase agility, transparency, and cost savings through flexible, enterprise-wide licensing agreements.
AI transforms workplaces, boosting productivity, creativity, and collaboration through intelligent agents that streamline tasks, enhance communication, and empower data-driven decision-making for employees and leaders across industries.
As corporations race to adopt AI for efficiency gains, human workers powering this boom endure exploitation and job insecurity, raising concerns over whether AI will exacerbate inequality or democratize technology for the benefit of all.
Routine data science tasks are now automated by AI, prompting data scientists to shift focus from technical accuracy to strategic business impact by prioritizing projects aligned with organizational goals, defining metrics reflecting business objectives, and translating insights into actionable recommendations.
Revolutionary Hierarchical Reasoning Model AI achieves 100 times faster reasoning than large language models using minimal training data, excelling at complex tasks like Sudoku and mazes with significantly reduced computational requirements.
AI is transforming IT operations, driving CIOs to create cross-functional teams, centers of excellence, and dedicated groups to leverage AI's potential, reshaping IT roles towards higher-value work and enhanced automation.
Gupshup raises over $60 million in funding to expand its conversational AI and messaging platform, powering 120 billion messages annually with industry-trained AI agents handling customer and employee interactions across multiple channels.
Alphabet soars with $96.43 billion revenue in Q2, beating expectations, and boosts investment in its booming Cloud business to $85 billion by 2025 amid surging demand.
IBM reports Q2 earnings exceeding estimates and raises full-year free cash flow outlook, but software revenue misses expectations and gross margin narrows, causing shares to dip as much as 6% in extended trading despite outperforming the S&P 500 significantly this year.