Goldman Sachs CIO Marco Argenti said the firm's more than 12,000 developers are all using AI, including Claude and Devin, and the focus is now on transferring institutional knowledge to AI agents thro…
New York Metro added 30,640 tech workers to reach 394,300 between 2022 and 2025, surpassing the San Francisco Bay Area's 375,730, according to CBRE's 'Scoring Tech Talent 2026' report. The shift refle…
A seven-year study of four-day workweeks across Iceland, Japan, the UK, Australia, and the U.S. found that 45% of 3,000 surveyed workers believed they could finish tasks in five hours without interrup…
Dhaval Joshi, former chief strategist for Counterpoint at BCA Research, argues that AI is not a single bubble but a 'rolling sequence of bubbles' across sectors, with software, silver, and semiconduct…
JPMorgan Chase is investing nearly $20 billion annually in technology and $2 billion in AI, with CEO Jamie Dimon saying the investment has already matched its cost in savings. The bank has rolled out …
JPMorgan Chase CEO Jamie Dimon said the American Dream remains 'totally achievable' for most Americans, but acknowledged it is 'slipping' for the bottom 20% of households, whose incomes have stagnated…
JPMorgan Chase CEO Jamie Dimon has personally called the heads of more than 40 major U.S. companies to join an expanded Alliance for Critical Infrastructure, a group founded with Mastercard and Berksh…
JPMorgan Chase CEO Jamie Dimon is leading a cross-industry coalition to address AI risks to U.S. critical infrastructure, with over 40 companies from finance, energy, telecoms, and transportation expr…
Lloyds Banking Group chief executive Charlie Nunn announced a new strategic plan, Accelerate 2030, targeting around £2bn in annual cost savings by 2030, driven partly by AI. Nunn said AI 'is going to …
A new ZipRecruiter survey of over 1,000 recruiters and hiring leaders found that nearly 35% said AI will increase headcount at their company in the near future, while only 16% said they were actively …
JPMorgan is restructuring its AI leadership after the retirement of AI chief Teresa Heitsenrether, with global CIO Lori Beer overseeing the bank's nearly $20 billion technology budget and 65,000 techn…
Samsung Electronics North America President and CEO Yoonie Joung said the smartphone is just an entry point to the ambient AI of the home, where Samsung has created a strong ecosystem of AI-enabled ap…
JPMorgan Chase CEO Jamie Dimon expressed skepticism about the AI spending boom, saying the huge investments may not pay off as investors expect, but he praised SpaceX's plan for space data centers as …
JPMorgan Chase CEO Jamie Dimon predicts global AI spending will reach $1 trillion by 2027, driven by hyperscalers like Microsoft, Google, Amazon, and Meta ramping up capital expenditures on data cente…
The five largest Wall Street banks — JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley — collectively reported $114 billion in capital markets revenue in the first half of …
A new analysis by venture capitalist Gary Vaynerchuk draws parallels between the current AI investment frenzy and the dot-com bubble of 1999, warning that the AI bubble may be unraveling but with a po…
IBM shares fell more than 23% after the company issued a warning about AI spending returns, sending a shockwave through the tech industry. JPMorgan Chase CEO Jamie Dimon urged calm over AI's impact on…
Verizon is laying off about 3,000 retail workers and transferring 274 corporate stores to independent owners under CEO Dan Schulman, who expects AI to replace a large percentage of customer service wo…
JPMorgan Chase CEO Jamie Dimon told Business Insider that AI has reduced jobs in certain areas of the bank but has not yet lowered operating costs, raising questions about return on investment from AI…
JPMorgan CEO Jamie Dimon said on CNBC that companies are becoming more rational about AI spending, focusing on token costs and return on investment. Dimon noted that businesses are already routing que…