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News
Amazon Shuts Down 21-Year-Old Service as AI Reshapes Its Business
1+ hour, 13+ min ago (183+ words) Amazon (NASDAQ:AMZN) is preparing to retire Mechanical Turk, ending a 21-year run for the crowdsourced work platform on Sept. 30. The service was introduced in 2005 to connect businesses with people completing small online assignments that computers struggled to handle. Tasks…...
CFOs Turn to AI to Better Synchronize Finance and Enterprise Priorities, Report AI ROI Challenges: Protiviti Global Finance Trends Survey
3+ hour, 46+ min ago (490+ words) While AI adoption for financial forecasting rose from 58% to 76% year over year, only 35% of finance organizations say they are effective at measuring AI ROI Still, many finance organizations have yet to satisfactorily connect AI investments to measurable business outcomes. Current…...
Goldman Sachs warns the U.S. needs 500,000 more energy workers by 2030 as 41% of the workforce nears retirement
4+ hour, 41+ min ago (874+ words) Artificial intelligence has spent years fueling fears that machines could replace American workers. But the AI boom is creating another problem altogether: the U.S. may not have enough people to power it. As tech companies race to build data centers and…...
AI Will Deflate Value of IT Work by Up to 25%, Hexaware CEO Says
12+ hour, 11+ min ago (426+ words) (Bloomberg) -- AI could lower the price of routine IT projects by as much as 25%, the head of India's Hexaware Technologies Ltd. said, highlighting the impact the technology will have on a sector known for labor-intensive tasks. Lutnick's Intervention in Canada…...
Exclusive-China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources say
5+ hour, 44+ min ago (569+ words) BEIJING/SINGAPORE, Aug 26 (Reuters) - China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet's Google that would allow the U.S. cloud giants to host its blockbuster Kimi K3 model, three people familiar with the talks said. Any deal could mark…...
Microsoft and HUMAIN announce long-term strategic collaboration to enable AI transformation in Saudi Arabia and beyond
5+ hour, 14+ min ago (324+ words) Long-Term Strategic Collaboration Between Microsoft and HUMAIN with Plans to Bring ALLAM to Microsoft Foundry and M365 Copilot ecosystem, Alongside Forward Deployed Engineers (FDEs) Providing Hands-On AI Deployment. RIYADH, Saudi Arabia, Aug. 26, 2026 /PRNewswire/ -- HUMAIN, a PIF company delivering full-stack artificial intelligence…...
Five things to know about Anthropic ahead of Wall Street debut
12+ hour ago (625+ words) Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse SpaceX's record Wall Street debut in June. Here are five things to know about the company: - Built…...
Tech stocks bounce ahead of Nvidia earnings, PCE numbers
16+ hour, 44+ min ago (64+ words) Yahoo Finance Oops, something went wrong U.S. markets open in 5h 25m Tech stocks bounce ahead of Nvidia earnings, PCE numbers Cantor chief equity and macro strategist Eric Johnston explains why hyperscalers and artificial intelligence infrastructure companies are poised to drive markets higher…...
Alibaba Dilutes Shares To Feed Its AI Spending Spree
1+ day, 12+ hour ago (124+ words) Investors weren’t happy, dumping the stock 10% Monday after Alibaba sold 710 million shares to fund more AI....
Three "Native" Capabilities: How Pinea Pi Defines the Edge AI Device
10+ hour, 50+ min ago (390+ words) Pinea Pi, the AI-native hardware pioneer, today revealed the technology behind its edge AI node, coming to Kickstarter from late September to late October. Starting in late August, early supporters can reserve theirs with a $30 deposit at www.pineapi.com....