Corporate spending on AI has exceeded the peak levels of the 2000 dotcom bubble relative to the US economy, reaching 4.91% of GDP in early 2026, driven by rapid adoption and investment in AI tools. However, companies are now facing rising costs and inefficiencies, such as 'tokenmaxxing,' where employees overuse AI to boost internal scores, leading to inflated expenses without productivity gains. Cloud providers are also raising prices, compounding budget pressures. Despite these challenges, AI infrastructure investment continues strongly, with chip stocks surging. Jefferies warns that, similar to past tech booms, much capital may be lost before the market stabilizes, highlighting the long-term transformative potential of AI despite short-term cost issues.
Software stocks surged this week, fueled by strong earnings from Snowflake and Okta, which posted their best trading days ever. Despite concerns that AI might disrupt the software industry, these companies are benefiting from AI integration, with Sno...
Microsoft's Build 2024 developer conference, held June 2-3, will spotlight AI innovations, especially around its Copilot AI agents that perform tasks autonomously across Office 365 and other products. CEO Satya Nadella emphasizes a shift toward agent...
EC-Council introduced the Adopt. Defend. Govern. (ADG) framework and a free AI maturity self-assessment tool to help organizations securely adopt and govern AI. Developed with input from major firms like Citi and Microsoft, ADG offers a unified opera...
Microsoft is threatening legal action against a security researcher known as "Nightmare Eclipse" who publicly disclosed several unpatched vulnerabilities in Microsoft products like Windows Defender and BitLocker. The company criticizes the researcher...
Microsoft reported robust Q3 2026 results, with revenue up 18.3% and earnings per share growing 20.6%, driven by rapid adoption of AI technologies like Copilot, which saw a 250% increase in paid seats year-over-year. The stock trades at a forward P/E...
