All articles by Swagath Bandhakavi
Swagath Bandhakavi
Enterprises forecast eight-fold increase in AI workflows by year-end, study finds
The research by IBM also found that AI investment constituted approximately 12% of IT spending in 2024, which is set to increase to 20% by 2026.
OpenAI partners with Google Cloud in bid to reduce Microsoft compute reliance
OpenAI argues that the new agreement with Google’s cloud division would bolster the infrastructure it uses to run its AI models.
IonQ to acquire British quantum computing startup Oxford Ionics for $1bn
The deal aims to combine IonQ’s expertise in quantum computing, applications, and networking with Oxford Ionics’ ion-trap technology, designed on standard semiconductor chips.
UK government introduces ‘Extract’ AI tool to accelerate planning system
The Extract tool aims to reduce manual document checking time, currently estimated at 250,000 hours annually, to address delays in the planning process.
Trump rescinds Biden’s cybersecurity initiatives with new executive order
The newly signed executive order dismantles initiatives from Biden’s January 15 directive that required software vendors to adhere to revised federal security standards.
UK DSIT embarks on NDX initiative for public sector tech overhaul
Currently in its early development stages, the platform aims to generate £1.2bn in annual savings by streamlining tech procurement and allowing public servants to rate suppliers.
AI chip demand drives Broadcom’s Q2 revenue to surpass projections at $15bn
For the third quarter, the US-based semiconductor firm forecasts revenue of about $15.8bn, surpassing analysts’ estimates of $15.7bn.
UK government faces skills gap in digital reform efforts, says PAC report
In its latest report, the PAC has critiqued the central government for underestimating the extent of reforms required to tackle ongoing challenges in digital procurement.
Microsoft unveils ‘European Security Program’ initiative to enhance cyber defences
The new initiative from Redmond focuses on enhancing AI-driven threat intelligence sharing, increasing cybersecurity investments, and expanding partnerships to combat cybercrime.
SAP requests US Supreme Court review of antitrust lawsuit reinstatement
Teradata has alleged that SAPs’ linking its business-planning software to compulsory HANA database purchases undermines fair market competition.