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YOU WONT BELIEVE: Gartner - What They Never Told You

Tencent Cloud Recognized as a "Challenger" in Gartner® Magic Quadrant™ for CPaaS for the Fourth Consecutive Year

HONG KONG, June 1, 2026 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology company Tencent, today announced that it has once again been recognized as a Challenger in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS), marking the fourth consecutive year the company has received…

AAP

The AI economy could crash on mounting chip costs — and those token costs won't help

Soaring GPU prices, debt-funded chip deals and an agentic token explosion — the cost of the hardware and compute powering AI could be what breaks it.

Fortune

Lack of AI governance could force 40% of enterprises to roll back autonomous AI agents by 2027

Gartner warns enterprises may have to scale back agentic AI if they fail to get governance right from the get go.

TechRadar

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Global firms use AI at Indian hubs to bring more ad work in-house

Global companies are using AI in India to create advertisements. This technology helps them produce images and videos faster. Companies like Kimberly-Clark and Target India are bringing more creative work in-house. This shift is changing the advertising industry. AI is speeding up campaign creation and reducing costs for businesses.

The Economic Times

Uber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it's worth it

The rideshare giant's COO says “it’s very hard to draw a line” between rising AI costs and useful features for customers.

Fortune

Gartner Stock: Analyst Estimates & Ratings

As Gartner has significantly underperformed the broader market over the past 52 weeks, Wall Street analysts remain cautious about the stock's prospects.

Barchart

India’s tech sector grows with fewer freshers as AI reshapes hiring

The share of entry-level hiring in the sector has fallen to around 15% in 2025 from 28% in 2024 as companies focus more on AI, cloud, cybersecurity and automation-focused roles. Emerging technology roles account for nearly 52% of hiring demand and are expected to touch 60% by the end of…

The Economic Times

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Microsoft And Uber AI Bills Mount: Workers Urged To Stop Using Claude As Costs Bite

Tech companies like Microsoft and Uber are scaling back AI adoption due to high computing costs, despite initial enthusiasm for machine learning integration.

International Business Times UK

Datadog CEO Touts AI, Cloud Migration as Revenue Growth Accelerates

Datadog (NASDAQ:DDOG) CEO and co-founder Olivier Pomel said the company is benefiting from both ongoing cloud migration and the rapid expansion of artificial intelligence workloads, describing the observability and security provider as still early in a long-running market cycle. Speaking at a compa

MarketBeat

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

Companies are racing to incentivize employees to use AI. But as some companies are finding, the more employees that use the technology, the heavier the bill.

Fortune

Consistently recognised: Infobip named a Leader in Gartner® Magic Quadrant™ for CPaaS again

KUALA LUMPUR, Malaysia, May 21, 2026 /PRNewswire/ -- In a market that evolves constantly, consistency is rare. Global AI-first cloud communications platform Infobip has been named a Leader in the 2026 Gartner Magic Quadrant for Communications Platform-as-a-Service (CPaaS)[1] for the fourth consecutive year. For the second time, the company is…

AAP

Why Kuehne+Nagel is betting big on India’s supply chain ambitions

The global logistics major says it will double its warehousing capacity in India by 2030, as it sees the country emerging as one of the world’s key supply chain hubs.

The Economic Times

Top 5% Supply Chain AI Initiatives Achieve Breakthrough Gains, New GEP-UVA Darden Study Finds

CLARK, N.J., May 20, 2026 /PRNewswire/ -- A small elite group of companies has cracked the code on scaling AI in supply chain operations, delivering triple-digit productivity gains, faster response times and lower error rates, according to new joint research from GEP and the University of Virginia's Darden School of…

AAP

Comviva recognized in the 2026 Gartner® Market Guide for Digital Commerce Payment Platforms

NEW DELHI, May 20, 2026 /PRNewswire/ -- Comviva, a global leader in digital transformation solutions, specializing in customer experience management, data monetization, and digital financial services, today announced that it has been recognized as a Representative Vendor in the 2026 Gartner Market Guide for Digital Commerce Payment Platforms, with its…

AAP

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The Economic Times

The AI blindspot: Layoffs are piling up, but where are the returns?

Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better returns on AI investments. Instead, businesses that invest in their people to guide and scale AI systems see greater financial success. The future of work involves…

Fortune

CFOs could cut agentic AI costs up to 60% by fixing this overlooked data problem

Gartner argues the problem isn't the models finance chiefs are buying—it's the data context underneath.

Kiplinger

California Leads the Charge as Privacy Fines Soar

State privacy fines keep climbing and many businesses are unprepared. Artificial intelligence laws are accelerating the trend.

The Guardian - US

‘I didn’t want to be the guinea pig’: inside tech’s AI-fueled manager purge

Tech workers say AI-driven restructurings are eroding mentorship, support and paths to promotion across Silicon Valley

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International Business Times

OpenAI Launches Daybreak the Same Day Google Confirmed the First AI-Built Zero-Day Attack

On May 11, the same day Google's Threat Intelligence Group disclosed the first confirmed case of attackers using AI to build a zero-day exploit, OpenAI launched Daybreak, a new agentic cybersecurity platform that embeds its GPT-5.5 models and Codex Security engine directly into the software development lifecycle.

International Business Times

Cisco Eliminates 4,000 Jobs on the Same Day It Reports $15.8B Record Revenue, Blaming AI Pivot

Cisco CFO Mark Patterson said the restructuring was "not a savings-driven" exercise, calling it instead a rapid reallocation of resources toward silicon, optics, security, and AI.

TechRadar

Bad news employee — most executives admit using AI makes them value human workers less

After using AI, many business leaders say are less likely to value their human workers, but the technology is still failing to deliver consistent ROI.

Fortune

AI isn't paying off in the way companies think. Layoffs driven by automation are failing to generate returns, study finds

A Gartner study found that while 80% of companies surveyed reported workforce reductions, there was no correlation to higher ROI.

TechRadar

'Workforce reductions may create budget room, but they do not create return': Gartner warns companies relying on layoffs to free up room for AI may be caught out in the long run

Companies are investing in agentic AI and laying off human workers, but Gartner says this is the wrong way to go about it.

Barchart

Coinbase Layoffs Have Crypto Bros Down Bad as AI Takes Their Jobs. Don’t Be Surprised If They Get Rehired Soonish.

Coinbase is blaming AI for 14% layoffs, but experts are skeptical this excuse will hold.

TechRadar

When stability became strategy: the post-upgrade enterprise

Vendors set deadlines, analysts warn of falling behind, and the rhetoric is relentless – much of it built on a misconception about what security and compliance actually require.

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