SYDNEY, June 29, 2026 — Kyndryl announced the release of its second annual People Readiness Report, a global study of senior business and technology leaders that reveals a notable drop in workforce AI readiness and a widening gap between AI expectations and execution. The report illustrates what leaders are doing right to ride the AI surge, and that AI…
STAMFORD, Conn., June 29, 2026 — By 2030, neocloud providers will capture 20% of the $267 billion AI cloud market, according to Gartner, Inc., a business and technology insights company. “Neocloud” refers to cloud providers built specifically for AI and high-performance workloads. The rapid growth of GenAI is creating unprecedented demand for GPU-intensive computing, accelerating investment in…
Z Squared Inc. (NASDAQ: ZSQR), a company that builds out high‑performance computing sites, announced a fresh infusion of roughly $15.3 million through an equity‑only transaction under its existing standby equity purchase agreement. The capital raise, completed on June 29 2026, did not introduce any new debt, leaving the firm’s balance sheet essentially debt‑free. Funding without Leverage The financing round was…
Parabellum Investments, a private‑equity firm that focuses on enterprise software and fintech, announced on June 30, 2026 that it has taken control of Crux Informatics, Inc., the company behind a leading AI‑enhanced platform used by large financial institutions. Why the acquisition matters Financial analysts and data engineers have long struggled with the “last‑mile” problem of turning raw…
FlowForma, the Irish no‑code workflow automation vendor that counts more than 300,000 users among its customers, announced today that its new AI‑powered product, FlowAssure, is now openly available. The solution, which emerged from a beta program and a late‑2025 showcase, can be tried for free for 30 days via https://www.flowforma.com/flowassure. From Manual Checks to AI‑Assisted Evidence Review Enterprise…
Why Retrieval Still Holds Up Enterprise AI Generative‑AI applications rely heavily on retrieval‑augmented generation (RAG) pipelines, where a language model pulls relevant text fragments before producing a response. When the retrieved material is stale, incomplete, or semantically off‑target, the downstream output can quickly become erroneous—a problem that has stalled many AI pilots. Ben Cefalo, Chief…
LinkSquares, a Boston‑based provider of AI‑powered contract lifecycle management (CLM) software, has been named the winner of the “Decision Management Solution of the Year” category in the ninth annual AI Breakthrough Awards. The accolade arrives just weeks after the company introduced its all‑agentic CLM platform—an architecture that moves contracts from static repositories to proactive, AI‑driven…
The AI suite‑driven customer‑experience firm Cresta announced a strategic partnership with Major League Baseball’s New York Mets, aiming to embed its unified AI suite into the franchise’s ticketing and fan‑service workflows. The collaboration, disclosed on June 25 2026, marks a notable move for a sports organization to adopt enterprise‑grade conversational AI across high‑volume consumer interactions. Why the Mets are…
Hippo Holdings Inc., the technology‑first insurer listed on the NYSE under the ticker HIPO, announced on June 25, 2026 that it has rolled out Cognition’s AI‑driven software engineer, Devin, across its engineering organization. The move is intended to compress development timelines for applications that must satisfy the regulatory nuances of all fifty U.S. states, a long‑standing…
