Abu Dhabi Global Market reported more than $100bn in AI-focused capital in its first-half results, alongside 54% growth in assets under management. The same release describes that sum as deployed from the centre in one place and held by entities in ano…
The chief executive of a consultancy with 799,000 staff has described what her clients are telling her about AI, and it is not a sales pitch. “We promised AI can do that,” Julie Sweet told the Wall Street Journal. “And they’re like, we get it, except i…
Lenovo has given entrepreneurs a phone number to ring, and Eva Longoria is on the other end of it. The service is called Call Eva. It opened on Tuesday and works roughly the way a radio phone-in does. You call, you leave a voice note with a business qu…
Dubai Chambers is putting more than 14,000 companies through training in agentic AI, the kind of software that carries out tasks on its own rather than answering questions. The body launched the courses on 1 September in front of 90 chairpersons of its…
Cognizant announced on Monday that it will hire 1,500 American college graduates this year and build a new job family for the AI era. The company’s own research says AI could take on $4.5tn worth of work Americans currently get paid to do. Both numbers…
Adobe named Anil Chakravarthy president and chief executive from 1 December, with Shantanu Narayen moving to executive chair. Chakravarthy came up through Digital Experience and worldwide field operations, arrived from enterprise data company Informati…
The AI race is producing an uncomfortable management gap. Deloitte’s 2026 research found only 21% of enterprises have mature governance for agentic AI, while 74% expect to use agents at least moderately by 2027. Technology is moving faster than the str…
Innovation does not usually die because an experiment fails. It dies when ownership disappears. Large software companies can build an ancillary tool, prove that it solves a real problem, and still starve it of attention once leadership redirects the te…
Ode, the enterprise AI company Anthropic set up with Blackstone, has bought an AI consultancy called Casper Studios. Casper helps companies put Claude to work inside software their staff already use, Ode said on Thursday. The announcement gives no pric…
Meta is spending hundreds of millions of dollars a year buying access to AI models through Microsoft’s cloud. The company runs trillions of tokens a week through Azure, Bloomberg reported, citing a person familiar with the matter who asked not to be id…