Accenture AI lead Stacy Pence said Australia is catching up in sovereign AI capabilities while leveraging offshore opportunities, as banking regulator APRA warned the nation is entering a dangerous pe…
Shares in major consulting firms like Accenture, IBM, and Capgemini have plummeted as investors fear AI will disrupt traditional business models. Accenture lost over 57% of its value in the past year,…
ZDNET outlines 12 vendor-neutral rules for successful enterprise agentic AI transformation, emphasizing that most deployment failures stem from architectural issues rather than AI capability. The repo…
Companies like Accenture are tightening AI access after employees burned tokens on non-essential tasks like converting PDFs to slides, driving soaring costs. The shift from free to usage-based pricing…
Accenture is attempting to stop employees from depleting AI token reserves by using AI for basic tasks like converting PDFs to slides, according to leaked audio from an internal meeting. The consultin…
Uber burned through its entire 2026 AI budget in four months, driven by widespread use of AI coding tools like Claude Code across the organization, not by a single moonshot project. Leaked audio from …
Accenture is scrambling to curb non-technical workers' AI token spending on trivial tasks like PDF conversions, as leaked audio reveals soaring costs. The consulting giant's internal data shows engine…
Accenture research shows 97% of executives believe AI will transform their companies, but CIOs are discovering that AI stack decisions are not easily reversible due to tight co-engineering across comp…
The Ministry of Housing, Communities and Local Government is trialing an AI tool, Augmented Planning Decisions, designed to halve householder planning application processing times from eight to four w…
Investor Kevin O'Leary said on a podcast that companies he backs are bypassing traditional consultants and using AI for tasks once outsourced, citing lower costs over the past 24 months. Major consult…
Shark Tank investor Kevin O'Leary says companies he backs are bypassing traditional consultants and turning to AI for tasks like retail distribution analysis, a shift he says has accelerated over the …
Anthropic kept early access to its advanced AI model Mythos for some US security firms after a US export order, while cutting off a European agency, highlighting private vendor discretion over dual-us…
New York Stock Exchange surged ahead of the long weekend, with the Nasdaq rising 1.9%, S&P 500 up 1.1%, and Dow Jones gaining 0.1%. The rally was driven by AI-related news, falling oil prices, and a r…
Accenture announced Thursday it will acquire a majority stake in industrial cybersecurity firm Dragos for $3.25 billion and purchase two smaller security companies, runZero and NetRise, for a total of…
US stock markets rose on Thursday, with Intel surging 7.2% after President Donald Trump announced a chip manufacturing deal with Apple. The Dow Jones gained 0.4%, S&P 500 added 1%, and Nasdaq climbed …
Accenture shares plunged 20% on Thursday, their worst one-day drop ever, after the consulting giant forecast weaker revenue amid investor fears that AI will disrupt its core business. Hours earlier, A…
Intel shares surged 8.5% after Donald Trump announced on Truth Social that Intel reached a deal with Apple to manufacture its chips, lifting other AI-related stocks. Oil prices fell slightly as a US-I…
Accenture shares fell after the company reported Q3 new bookings of $19.32 billion, below the $20.66 billion estimate, and issued Q4 revenue guidance of $17.75-$18.4 billion, missing the $18.5 billion…
Accenture shares plunged after the company reported a fiscal Q3 sales miss and issued weak guidance, citing a transition to AI services that is pressuring traditional consulting revenue.…
Accenture lowered its full-year growth forecast to 3-5%, below analyst expectations, as investors fear AI will automate junior-level consulting work. The company posted $18 billion in Q2 revenue and $…