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By 2026, 75% of IT spending will be consumption-based, with cloud costs overruns hitting 23%.

Market News
12 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

By 2026, over 75% of IT spending will shift to consumption-based OPEX models, causing cost volatility with cloud budget overruns averaging +23%. Sopra Steria Next advises CIOs to adopt five operational strategies: embed real-time FinOps cost tracking, integrate environmental impact into decisions, use dynamic resource allocation, manage vendor dependencies proactively, and measure IT value by usage rather than assets. These steps aim to help organizations regain financial control and turn IT budget challenges into competitive advantages, especially as AI-driven consumption increases costs further.

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Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...

Market News
Bullish
3 hours ago
ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...

Market News
Bearish
4 hours ago
Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

Ecopetrol, Colombia's largest energy company, will announce its financial and operating results for the second quarter of 2026 on August 3 after market close. A virtual conference will follow on August 4, featuring simultaneous Spanish and English br...

Company Fundamentals
Neutral
4 hours ago
Bitcoin whales aren't selling due to quantum computing fears, but some institutional buyers are cautious.

Bitcoin whales aren't selling due to quantum computing fears, but some institutional buyers are cautious.

Galaxy Digital reports that large Bitcoin holders (whales) have not sold their holdings over fears of quantum computing risks. Instead, concerns about quantum threats seem to influence institutional investors who are hesitant to buy Bitcoin. Recent l...

Market News
Neutral
4 hours ago
Visionstate pauses $500K-$1M financing to refine strategy for its MIRA platform growth.

Visionstate pauses $500K-$1M financing to refine strategy for its MIRA platform growth.

Visionstate Corp. has decided to pause its previously announced non-brokered private placement financing under the LIFE exemption, initially targeting $500,000 to $1,000,000. The company will use this time to reconsider the structure and timing of th...

Company Fundamentals
Neutral
4 hours ago
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