Big tech raises AI CapEx guidance, investors wary
The world's largest cloud providers used their latest quarterly reports to tell Wall Street the same thing: AI infrastructure spending ...
The world's largest cloud providers used their latest quarterly reports to tell Wall Street the same thing: AI infrastructure spending ...
Payments company Stax is taking a multi-LLM approach to AI — leaning on a “pay as you go” strategy to ensure that it has access to the technology it needs, while ...
The four hyperscalers — Microsoft, Google, Amazon and Meta — collectively raised their 2026 capital expenditure plans to roughly $710 billion, on top of $416 billion spent in 2025. Nearly every executive ...
Citi has appointed former Google Vice President Brian Saluzzo as chief information officer. “The technology and business enablement team is proud to play a foundational role ...
ING is seeing quantifiable returns on its generative AI investments and plans to launch gen AI-driven solutions to improve customer satisfaction and efficiency. The $1 trillion bank upgraded its contact centers with ...
Grasshopper Bank is training its employees to use AI to help identify applications of the tech at the digital bank. ...
It might not be enough for financial institutions to invest heavily to upgrade their technology and educate their customers to ...
Fintechs have been in a trough since the Federal Reserve’s interest rate hikes began in 2022, but analysts expect that ...
DeepSeek has taken global AI markets by storm, erasing $1 trillion of value from major tech companies on Jan. 27. ...
Tech giants are reporting growing cloud business as companies around the globe adopt generative AI technology. “This business has ...