“All of them want to be the full-stack. They can’t all be,” Gartner analyst Will Sommer told Bloomberg. More than $3.5tn of AI infrastructure spending faces possible impairment by the end of 2030, Gartner said on 14 October. That would happen if AI pro…
Small and mid-sized businesses have moved from buying AI tools to building their own. In every market surveyed, most do it without a formal, documented review, Pax8 found in a survey published on Monday. Pax8 is a Denver-based marketplace. It sells AI …
Quantum computing startup Oratomic has raised $475 million at a $5.4bn valuation, Isabelle Bousquette reported for The Wall Street Journal on Thursday. The round came three months after its Series A and lifted its valuation from $1.5bn. The same day, B…
Most chief information officers cannot fully see the AI agents their staff build outside approved systems, a survey by Dataiku found. 81% of the 685 CIOs polled said they lack complete oversight of AI agents created outside formal channels. The Harris …
ChatGPT sent 95.1% of the traffic that AI chatbots referred to websites in August, its highest share this year, according to new data from BrightEdge. The search marketing company said referral traffic from ChatGPT grew 101% between January and August….
Some 51% of US consumers used at least one AI tool to help them shop in the past month, according to new figures from NIQ. It is the first time the share has passed 50% in the market research firm’s Agentic Commerce Tracker. Use has grown steadily over…
Nebius rents out computing power. It buys Nvidia chips, puts them in data centres, and charges companies to train and run AI models on them. The trade calls this a neocloud. It is based in Amsterdam, listed on Nasdaq, and was spun out of the Russian in…
The Arena Group is renaming itself Paradium.AI. The publisher of TheStreet, Parade and Men’s Journal expects the change to finish by the end of August. Business Insider had it first. Steven Tweedie and Ben Shimkus obtained a staff memo from chief execu…
CrowdStrike and Palo Alto Networks hit record highs on Monday. Each rose more than 5%, after a week in which the Black Hat conference in Las Vegas turned into an argument about AI agents. CNBC’s Samantha Subin reported the move. CrowdStrike gained 11.3…
Jefferies cut Apple from hold to underperform on Monday. That is the bank’s equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortune’s Sebastian Herrera reported the call. The bank’s supply-chain checks produced three …