IBM shares crashed 25% on Tuesday, the worst single-day decline in the company's 115-year history, after CEO Arvind Krishna admitted in a letter to investors that the company 'did not adapt and move q…
SK Hynix will debut on the Nasdaq on Friday with a $28 billion IPO, the largest foreign listing in history, as the memory chip maker seeks to expand capacity amid a global shortage driven by AI demand…
President Donald Trump publicly endorsed Dell products on multiple occasions, including at a stock market opening ceremony, coinciding with stock gains and raising ethics concerns. Former White House …
SAP is restricting hiring and travel spending to fund its AI transformation, focusing new hires on AI roles and suspending non-AI-related internal travel. The company is prioritizing AI investments wh…
MongoDB has introduced a native reranking capability for its Atlas database platform, currently in public preview and powered by Voyage AI, to help enterprises improve AI retrieval quality without add…
A new non-profit organization, Raise Us, launched Thursday with over $500 million in funding from Amazon, Microsoft, Anthropic, and the OpenAI Foundation to help US workers transition to an AI economy…
SpaceX announced a $60 billion stock deal to acquire AI coding startup Cursor, raising uncertainty for CIOs and developers. Analysts are divided on whether the acquisition will benefit Cursor's custom…