Cloudflare reported that bot activity surpassed human activity on its network for the first time, with bots accounting for 60.5% of HTTP requests to HTML content. CEO Matthew Prince said the company i…
Meta Platforms Inc. has dismantled its internal AI token leaderboard and issued memos to curb employee AI usage after realizing internal AI costs were on track for billions of dollars, according to re…
Tom Wilkinson, chief data officer for the Scottish Government, said AI has come to dominate his role since he took office in January 2023, but a new AI strategy for 2026 to 2031, published in March, n…
Uber Technologies Inc. reported that its engineers have doubled coding output as AI adoption reaches nearly 100% among its development team, allowing the company to moderate new hiring. CFO Balaji Kri…
Bank of America's chief technology and information officer Hari Gopalkrishnan discussed the bank's $14 billion budget and its cost-effective revamp of the AI chatbot Erica, while Google's AI division …
Bank of America CTIO Hari Gopalkrishnan cautioned that AI investments can spiral out of control, citing a $100,000 process that could cost $1 million to optimize with AI agents. The bank, managing $4.…
Meta's superintelligence team released Muse Code in beta on Wednesday, a terminal coding agent built on its new Muse Spark 1.2 model, with benchmark scores comparable to Anthropic's Opus 5 and OpenAI'…
Demis Hassabis, CEO of Google DeepMind, is stepping down to become chairman of the AI lab and chief scientist at Alphabet, while Koray Kavukcuoglu, currently CTO at DeepMind, will lead the unit and re…
AWS has open-sourced Kiro Crew, an enterprise-safe development workspace for multi-agent coding, originally built internally as MeshClaw and used by over 39,000 Amazon builders. AWS CEO Matt Garman an…
SpaceX's biggest AI win is selling compute, not its Grok chatbot, with major deals from Anthropic and Google driving revenue for the newly public company, according to The Stack's Noah Bovenizer.…
Emergent, an AI-powered software builder founded by brothers Mukund and Madhav Jha in 2024 with Y Combinator support, has raised $230 million and reached a $1.5 billion valuation, closing a $130 milli…
The Linux Foundation's new Tokenomics Foundation launched this week with board members including JPMorganChase COO and CFO Arvind Joshi and Salesforce Chief Availability Officer Nishant Gupta, aiming …
AMD reported that its data centre revenue doubled in the second quarter of 2026, positioning the company as a stronger competitor to NVIDIA in the AI data centre market, according to an analysis by Th…
Telecom operators are repurposing their legacy copper exchange buildings for edge AI inference as they retire copper networks, according to The Stack. BT Group and Verizon announced a 50-50 joint vent…
Palantir Technologies reported soaring second-quarter profits and revenue growth, with shares jumping about 15% in after-market trading, driven by enterprise demand for AI control, according to CEO Al…
Italian holding company Bending Spoons has agreed to acquire Airtable in an all-cash deal worth $2.25 billion, five years after the low-code software company reached an $11 billion valuation. Bending …
British semiconductor startup Olix, founded by 25-year-old Thiel fellow James Dacombe in 2024, has raised $312 million in a Series B round to build specialized AI inference chips and take on Nvidia. T…
AI Big Cloud™, a cloud services provider, announced support for swappable AI models, allowing customers to switch between different AI models to avoid dependency on any single provider. The company's …
ExxonMobil, the world's largest non-state oil refiner, is redesigning its data processes end-to-end to accelerate the adoption and value of AI, according to CEO Darren Woods. The company faces challen…
Lloyds Banking Group COO Ron van Kemenade said the bank has eliminated over 900 legacy applications since he joined in June 2023 and plans to remove another 500, with agentic AI accelerating the refac…