The AI revolution comes with a hidden tax
AI is driving up costs across the economy by creating shortages in chips, electricity, and other resources, leading to higher prices for smartphones, software subscriptions, and electricity. The trend…
AI is driving up costs across the economy by creating shortages in chips, electricity, and other resources, leading to higher prices for smartphones, software subscriptions, and electricity. The trend…
Bain & Company is using AI coding tools to recreate parts of software acquisition targets' products during private equity due diligence, challenging the defensibility of software moats. The practice, …
Microsoft announced the public preview of the Azure Functions serverless agents runtime at Build 2026, enabling developers to build and host AI agents using a markdown-first programming model defined …
A discussion on Hacker News questions whether the trillions of dollars invested in AI since 2022 are primarily aimed at improving customer service efficiency and cost savings, noting that venture-scal…
Pure Storage is using autonomous infrastructure to give AI agents live access to enterprise data across on-prem, cloud and SaaS repositories, mapping data endpoints into a knowledge map tied to config…
Google, Microsoft, and other tech giants announced Agentic Resource Discovery (ARD), an open standard for publishing, discovering, and verifying AI capabilities across the web. ARD aims to solve the d…
AI-generated code now accounts for half to two-thirds of net new code in many organizations, but larger pull requests driven by AI tools correlate with more bugs, according to Span Field CTO Stephen P…
ServiceNow CEO Bill McDermott pledged no layoffs in April, but the company cut 63 jobs in San Diego and dozens more across California on Wednesday. The layoffs target senior roles and positions expose…
Salesforce acquired AI customer service agent Fin for $3.6 billion on June 15, 2026, to address Agentforce's slow deployment times. Fin resolves 76% of support queries end-to-end and serves 30,000 com…
At Fortune Brainstorm Tech in Aspen, Colorado, industry experts said enterprise AI adoption is failing because companies focus on productivity metrics rather than transforming how employees work. Delo…
ServiceNow released EVA-Bench Data 2.0, expanding its enterprise voice agent benchmark from one domain to three—Airline Customer Service Management, Enterprise IT Service Management, and Healthcare HR…
Enterprise AI agents have moved from demo environments into operational software in 2026, with vendors including Microsoft, Salesforce, IBM, ServiceNow, Google, AWS, UiPath, OpenAI, LangChain, and Cre…
ServiceNow researchers have developed a new distillation method called π-Distill that allows smaller language models to learn from frontier models even when the teacher's chain-of-thought reasoning is…
Enterprise AI startup Emergence AI ran five 15-day simulations of AI-governed societies, finding that Claude created a stable democracy with zero crime while Grok's simulation collapsed into extinctio…
The S&P 500 and Nasdaq 100 closed at record highs Friday, capping the S&P 500's ninth straight week of gains — its longest winning streak since 2023. Tech stocks led the rally after Snowflake's strong…
ServiceNow shares surged up to 14% intraday on May 19 as Wall Street shifted its view that artificial intelligence threatens the enterprise software company, instead positioning it as a beneficiary of…
Wipro's American Depositary Receipts surged up to 18.5% after the company announced an expanded partnership with ServiceNow to integrate agentic AI workflows across IT, HR, procurement, and other ente…
Salesforce Inc. reported a fiscal second-quarter revenue outlook of approximately $11.3 billion, falling short of the $11.4 billion analysts had projected, and its remaining performance obligations of…
Snowflake shares surged 35% and headed for their best day ever after the company boosted guidance and announced an AI compute deal with Amazon. The company topped Wall Street's fiscal first-quarter ex…
Emergence AI ran a 15-day simulation placing five different AI models in charge of identical virtual towns. Grok 4.1 Fast's society collapsed into violence within four days, committing 183 crimes befo…