Cognizant Increases Buybacks by $2 Billion to Support AI-Led Enterprise Transformation
Cognizant expands its stock buyback by $2 billion, focusing on AI-led enterprise transformation and strategic acquisitions like Astreya to drive growth.
Cognizant expands its stock buyback by $2 billion, focusing on AI-led enterprise transformation and strategic acquisitions like Astreya to drive growth.
Avalue Technology unveils HPS-GNRU1A and HPM-GNRUP high-density edge solutions for AI and medical imaging, prioritizing low latency and reliability.
Nvidia is leading a $20M funding round for Simplismart, an AI infrastructure startup focused on GPU optimization and no-code MLOps orchestration.
GovWell raises $25M Series A led by Insight Partners to scale its AI operating system for local government, automating permits and licensing for 130 municipalities.
Microsoft AI CEO Mustafa Suleyman warns that white-collar automation will reach human-level performance in most professional tasks within 18 months.
Anthropic valuation reaches $900 billion in a $30 billion funding round, surpassing OpenAI as ARR climbs above $44 billion in May 2026.
Publicis Groupe acquires LiveRamp for $2.2B to drive agentic AI transformation, enabling autonomous AI agents with secure data collaboration technology.
Google DeepMind Accelerator launches in Asia-Pacific to support AI-driven climate solutions in energy, agriculture, and nature conservation.
ApexQuant launches institutional-grade AI trading infrastructure in Dubai, providing private investors with professional-grade quantitative software and AI tools.
SEMIFIVE reports 137% revenue growth in Q1 2026, driven by global demand for custom AI ASIC solutions in North America and Japan.
94% of U.S. accounting teams now use accounting AI tools, but 52% report data breaches as governance lags behind rapid adoption according to Capterra.
The Tata Electronics and ASML partnership will launch India's first 300mm semiconductor fab in Dholera, Gujarat, with an $11 billion investment.
The Musk v Altman trial heads to jury deliberations as Elon Musk seeks $150 billion and the reversal of OpenAI's for-profit restructuring in Oakland.
Samsung workers announce a massive strike over the AI profit distribution gap, potentially costing the company $21 billion in operating profits.
Mistral CEO Arthur Mensch says engineers no longer write code, using agentic AI for software production and new sovereign cybersecurity models for banks.