technology News
Cognizant Bets on AI With Anthropic Deal, Workforce Overhaul
The IT services giant is investing $1 billion and training its 350,000-strong workforce on AI, signaling a major strategic pivot to capture the enterprise AI market.
Schlumberger Debuts AI Assistant in Digital Services Push
The energy services giant launches 'Tela' to accelerate efficiency and data analysis, deepening its rivalry with competitors in a sector-wide technology race.
Verizon Shares Climb on Deal to Build AI Fiber Network for Amazon
The 'Verizon AI Connect' initiative will create new high-capacity fiber routes for AWS data centers, positioning the telecom giant as a key infrastructure player in the AI boom.
Uber Stock Climbs on Global Partnership with Toast
The deal integrates Uber's delivery network with Toast's popular restaurant point-of-sale system, aiming to challenge DoorDash's market dominance.
Toast Shares Climb on Global Partnership with Uber Eats
The deal integrates Uber's delivery network directly into Toast's restaurant POS system, aiming to streamline operations and boost online sales for clients.
MongoDB Surges as Upbeat Guidance Accompanies CEO Transition
Shares climb as the database software company raises Q3 forecasts and appoints former Cloudflare COO Chirantan "CJ" Desai to top job, signaling a focus on continued cloud and AI growth.
Palantir's $10B Army Deal Faces Scrutiny Over Initial Funding
Investors reassess near-term revenue as reports clarify only a fraction of the landmark contract is currently obligated, pushing significant inflows to 2026.
Amazon Hits Record High on $38 Billion OpenAI Cloud Deal
AWS secures massive AI contract, signaling a strategic multi-cloud approach for OpenAI and intensifying the cloud computing arms race with Microsoft.