Citigroup poured $3 billion into tech modernization in the third quarter of 2023, CEO Jane Fraser said Friday, during the bank’s quarterly earnings call. The 8% year-over-year increase was driven ...

More than half of businesses lack a dedicated owner for AI costs, which can lead to overspend, according to a Harness report.

The deployment of AI for tasks at the board level is "comparatively new, uneven and still maturing,” according to the firm.

Leaders expect agentic AI to play a key role in cloud management. But few businesses have moved beyond pilot deployments, ...

The company is well-positioned with its current data center investments as cloud revenue soars, executives said Wednesday.

The tech provider will continue to expand compute in response to capacity constraints, CFO Anat Ashkenazi said during a ...

Vendors are working to help CIOs reach a delicate balance of enabling technology adoption — without breaking the budget.

Nvidia has emerged as a dominant player in sovereign AI, which accounts for roughly 14% of the company’s revenue, according ...

Retailers should lean into tech partnerships to alleviate operational pain in the short term, but they should also lay the ...

The oversight could blind companies to the threats they should be focusing on, Arctic Wolf said in a Tuesday report.

Nvidia, Microsoft and other leading vendors joined a pair of initiatives to recognize open-source and open-weight AI models ...

Companies are spending on governance, but aren't fully prepared as agentic AI spreads, a Schellman report found.