SAP
SAP expects “triple-digit” million savings from AI, boosts redundancies to 10,000
"These are also expensive resources and we also use the opportunity to think about skill mix, location mix…”
ServiceNow
“Our company policy was violated” – former US Army CIO, President resign at ServiceNow after federal procurement investigation
"While we believe this was an isolated incident, we are further sharpening our hiring policies"
Ford
Ford’s CEO eyes $1 billion in software sales
"Really the only non-Chinese OEMs controlling software across all the vehicle domain"
earnings
Coca-Cola reveals formula for 'AI-powered' growth
"We're just scratching the surface of what's possible, and we're taking steps to seize opportunities down the road..."
IBM
IBM: GenAI is fuelling ‘robust tech spending’
"Similar to previous technology shifts such as the advent of the Internet, generative AI is driving the next wave of growth."
google cloud
Google Cloud breaks records – CapEx climbs to $13 billion
Sundar Pichai: "The risk of under-investing is dramatically greater than the risk of over-investing"
Banking
Bank of America plans $4 billion "technology initiatives" spend
"AI has moved from cost-savings ideas to enhancing the quality of our customer interactions" says CEO.
Nike
Nike vows better data use as digital sales slump
Firm is hunting for a "special" distinguished engineer to help run strategy and architecture from cloud to edge.
micron
Micron ramps up CapEx with help from Uncle Sam
Rampant AI demand "supplemented by the start of a recovery of traditional compute and storage infrastructure demand"
Accenture
Accenture boasts of $900m in quarterly genAI bookings - but CEO warns that...
"Nearly all clients are finding it difficult to scale GenAI projects" says CEO Julie Sweet. Here's why.
NVIDIA
Jensen Huang: There’s 20,000 AI startups wanting our kit
NVIDIA shrugs off analyst concerns about depreciating assets amid pace of platform evolution.
AWS
A $100 billion AWS and 5 key cloud takeaways from Amazon’s earnings
CapEx looks set to pass $60 billion