Ford Motor Co. is rehiring about 350 veteran engineers, including former employees, after its AI-based quality systems failed to meet expectations. The automaker's executives acknowledged that they mi…
A developer recounts a frustrating experience with a mobile banking app's chatbot that deflected rather than resolved their issue, highlighting how deflection rate—a metric that measures whether custo…
Major technology companies have shifted their AI startup strategy from outright acquisitions toward minority investments, joint ventures, and commercial partnerships, according to The Hindu Business L…
AI has not eliminated entry-level jobs but has raised the skill requirements, with a PwC analysis showing that roles in AI-exposed fields now demand strategic decision-making, stakeholder management, …
OpenAI reported that 97.9% of its employees now use its Codex AI coding agent, with the tool accounting for 99.8% of internal AI output tokens, signaling a rapid shift from conversational AI to agenti…
The US lodging sector is projected to see RevPAR grow 2.9% in 2026, reversing a 0.2% decline in 2025, as demand outpaces supply by the widest margin since before the pandemic, according to Hospitality…
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,…
Digital M&A in Q2 2026 shows a structural shift toward business durability, AI resilience, and clean profitability, with premium assets clearing at high multiples while young, paid-traffic-dependent b…
Entry-level AI workers now need senior-level skills to land jobs, according to a PwC study. AI-exposed entry-level roles are seven times more likely to require skills like judgment and leadership, as …
Accounting software buyers fall into three distinct profiles with incompatible economics: independent small firms where automation threatens billing models, large advisory firms that build in-house, a…
Enterprise AI spending is facing a reckoning as companies report massive bills from uncapped usage, with one client spending $500 million on Anthropic's Claude in a single month. A PwC survey found 56…
SAP and Google Cloud announced a collaboration to deploy an agentic commerce architecture for enterprise marketing and retail operations. SAP research shows 78% of businesses view AI as essential for …
Big Tech executives, including Jeff Bezos and Sam Altman, have reversed their warnings that AI would cause mass unemployment, now claiming it will create jobs and lead to a labor shortage. The shift c…
PwC global chairman Mohamed Kande said at VivaTech that companies adopting AI at scale are increasing headcount, not cutting it, and that workers become more valuable with AI use. PwC's 2026 jobs baro…
PwC UK chief Marco Amitrano will take on a broader global role as the Big Four firm centralizes decision-making and expands AI-driven consulting services. The shake-up, effective July 1, gives Amitran…
PwC's 2026 Global AI Jobs Barometer, analyzing over one billion job ads across 27 countries, finds the average wage premium for AI-skilled workers has reached 62%, up from 57% the prior year. Jobs req…
Tech companies including Meta, Amazon, Microsoft, and Block laid off 40,000 workers in a single month, citing AI as the primary reason, but PwC research shows firms that use AI to augment employees se…
A new PwC analysis of over 1 billion job postings finds that AI is not eliminating entry-level jobs but transforming them into roles requiring skills traditionally associated with experienced workers,…
Enterprise IT leaders from PwC and NBCUniversal shared strategies for deploying AI agents with both speed and caution at a Section conference, emphasizing human-led processes, rapid experimentation, a…
Chainguard launched the Athena Coalition, an industry group using AI to find and fix vulnerabilities in open-source software before exploitation. Founding members include BNY, JPMorgan Chase, Cisco, C…