Keywords: Artificial intelligence
Shares of Workday rose sharply on Friday after the company reported stronger-than-expected quarterly results, helping to ease investor concerns about potential disruption from artificial intelligence competitors. The California-based software firm exceeded analysts’ estimates for both revenue......
U.S.-based artificial intelligence company Anthropic has announced plans to open a new office in Milan as part of its continued expansion across Europe, driven by increasing global demand for generative AI technologies. The move follows the company’s recent establishment of offices in major European......
Intuit, the American financial software company known for services related to taxes, accounting, and personal finance, is preparing a significant restructuring plan that includes reducing its global workforce by around 17%. According to reports based on an internal company memo, approximately 3,000 employees......
The rapid expansion of artificial intelligence is fueling a sharp increase in U.S. corporate financing activity, particularly in the convertible bond market, where companies are raising record levels of capital. Convertible bonds, which can be converted into company shares under certain conditions,......
A Swedish technology startup operating in the artificial intelligence sector has introduced an unusual salary policy: an automatic 10% pay increase for all employees every year on their work anniversary. The company, Lovable, founded in 2023, is part of a fast-growing wave of European AI firms competing......
A major strike is expected to begin on Thursday at Samsung Electronics in South Korea after negotiations between management and labor unions failed over salary increases and profit-sharing linked to the artificial intelligence boom. Union organizations announced that the strike could last from 21 May......
A growing wave of community opposition is disrupting major data center projects around the world as technology companies accelerate investment in artificial intelligence infrastructure. In Western Australia, a Sydney based data center provider withdrew plans for a 1.1 billion dollar facility near Perth......
The enterprise software company Workday has announced plans to continue expanding its workforce in India while increasing investments in artificial intelligence (AI), according to a senior company executive. India has become a key hub for global capability centres due to its large pool of skilled professionals,......
Emmanuel Macron welcomed the new premier of Quebec, Christine Fréchette, to the Élysée Palace on Monday during her first official visit to France since taking office. The meeting focused on strengthening economic and technological cooperation between France and Quebec, particularly......
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