Aramco and IBM announced a joint initiative to develop artificial intelligence-driven solutions for the industrial sector, combining IBM’s enterprise‑grade AI platforms with Aramco’s massive data assets and operational expertise. The partnership, unveiled at IBM’s THINK Boston event, signals a strategic push to embed generative AI, agentic automation, and advanced material‑science models into energy‑intensive enterprises. A…
Sanford Burnham Prebys Receives $5 million Viterbi Endowment to Accelerate AI‑Driven Biomedical Research. The nonprofit institute announced a $5 million gift from Qualcomm co‑founder Andrew Viterbi that will fund the newly created Andrew and Erna Viterbi Distinguished Chair in its Center for Data Science and Artificial Intelligence (CDSAI). The endowment is designed to attract top talent and…
JumpCloud Inc. today announced the launch of its Agentic IAM solution, a unified identity‑and‑access‑management platform built to secure AI agents across the enterprise. The new offering arrives as 72 percent of organizations already run AI agents in production, yet a Gartner‑cited 92 percent admit they lack the controls needed for safe scaling. The announcement In a press release dated…
SYDNEY, Australia, May 5, 2026 – Databricks, the Data and AI company, today announced a US$300 million (AU$420 million) investment in Australia and New Zealand (ANZ) over the next three years. This commitment follows impressive momentum in Q1, where the company grew by more than 85% year-on-year across ANZ. As part of this investment, Databricks will establish…
STAMFORD, Conn., May 5, 2026 — Among organizations piloting or deploying autonomous business capabilities, approximately 80% report workforce reductions, according to a survey by Gartner, Inc., a business and technology insights company. However, those reductions do not appear to translate into return on investment (ROI). The survey found that workforce reduction rates were nearly equal among…
we sit down with Jeff Baskin, Global CRO at Eagle Eye, to break down the real role behind revenue leadership, strategic partnerships, and scaling global tech businesses.
Intel Corp. (NASDAQ: INTC) announced Tuesday that it has placed two senior leaders at the helm of its client‑computing and AI strategy. Alex Katouzian will assume the role of Executive Vice President and General Manager of the Client Computing & Physical AI Group, while Pushkar Ranade moves from interim to permanent Chief Technology Officer. Both executives report…
Amazon Launches Amazon Supply Chain Services, Opening Its Logistics Network to All Businesses. In a move that mirrors the earlier disruption caused by Amazon Web Services, the e‑commerce giant announced Amazon Supply Chain Services (ASCS) – a full‑stack logistics platform that gives companies of any size access to the same freight, fulfillment and parcel‑shipping infrastructure…
SAP Acquires Dremio to Bolster AI‑Ready Data Lakehouse Strategy, signaling the German software giant’s push to unify SAP and non‑SAP data under a high‑performance, open‑source foundation. The undisclosed‑terms deal, announced on May 4, 2026, positions SAP to address the chronic data‑fragmentation problem that stalls enterprise AI initiatives and to compete more aggressively with cloud‑native rivals such as…
