Ai Services

U.S. financial services tech budgets set to hit $495B in 2026, 17.1% of all U.S. tech spend

Forrester pegs U.S. financial services tech budgets at $495B in 2026, or 17.1% of total U.S. tech spend. Circana-tracked H1 B2B spending hit $35.3B, a checkpoint on AI foundations and controls spending.

Meta is building a cloud business to sell AI compute, putting pressure on AWS, Azure, and Google Cloud

Meta is forming a cloud unit to sell excess AI computing power to enterprise customers, setting up a direct challenge to the hyperscaler incumbents.

DTCC's tokenization platform goes live with BlackRock, Goldman and JPMorgan as Wall Street's post-trade infrastructure moves on-chain

DTCC has launched its tokenization service into live production, completing real blockchain-based transactions with 25+ Wall Street firms.

Wipro's Q1 FY27 large deal bookings jump 13% as clients shift to AI-enabled operating models

Wipro posted $1.6B in large deal bookings in Q1 FY27, up 12.9% sequentially, as enterprises across chemicals, health, and tech double down on AI-powered managed

Wipro's large deal bookings hit $1.6B in Q1, growing 12.9% sequentially as AI-enabled contracts anchor growth strategy

Wipro posted $1.6B in large deal bookings for Q1 FY27, a 12.9% sequential jump, even as overall IT services revenue dipped slightly quarter-over-quarter.

Healthcare AI shifts from admin tasks to care transformation, virtual care growth stalls on finances

Health systems pour more into AI than other industries but focus it on admin work. Virtual care use rises even as digital services lose money.

The Expanding Threat Surface: Why Cybersecurity Is No Longer Optional for SMBs

Cybersecurity is no longer a concern reserved for large enterprises—it has become a defining issue for businesses of every size. Over the past decade, the rapid rise of cloud computing, artificial intelligence, and cryptocurrency has fundamentally reshaped the threat landscape, lowering the barrier to entry for cybercriminals and expanding the range of viable targets….

How AI Is Transforming Private Equity Deal Evaluation and Portfolio Strategy

Artificial intelligence is rapidly transforming how organizations evaluate risk, analyze markets, and drive operational efficiency. In financial services alone, global AI spending is projected to surpass $97 billion by 2027, reflecting how deeply data-driven technologies are reshaping decision-making. For private equity firms—where hundreds of potential investments may be screened each year—the ability to analyze information…

No Idle GPUs, No Data Leakage: QumulusAI Maximizes GPU Utilization for Multiple Customers on Shared Infrastructure

Multi-tenant GPU infrastructure is becoming essential as AI deployments scale across customers. Organizations must maximize GPU utilization while maintaining strict data isolation. Idle compute reduces efficiency, yet shared environments can introduce security risks if not designed properly. Optimizing GPU cycles across multiple customers is essential to maintaining performance and cost efficiency. Mazda Marvasti, the…

Facing High GPU Costs and Infrastructure Constraints, Amberd Turned to QumulusAI for Fixed-Cost AI

Providing managed AI services at a predictable, fixed cost can be challenging when hyperscaler pricing models require substantial upfront GPU commitments. Large upfront commitments and limited infrastructure flexibility may prevent providers from aligning costs with their delivery model. Amberd CEO Mazda Marvasti encountered this issue when exploring GPU capacity through Amazon. The minimum requirement…

May the Agentforce Be With You: AI in Energy Services

Generative AI has moved past being a shiny demo and into the messy reality of enterprise operations—where data lives in different systems, customers expect instant answers, and security teams (rightfully) say “prove it.” In energy services specifically, even small efficiency gains matter: many retail energy providers operate on thin margins, and operational blind spots—billing…

Digital Tools Driving Excellence: How AI, Blockchain, and Analytics Transform EY’s Client Outcomes

The Digital Imperative in Professional Services In today’s rapidly evolving business landscape, the integration of advanced digital tools—from AI and machine learning to blockchain and sophisticated analytics—has become essential for delivering exceptional audit quality, tax strategy effectiveness, and advisory outcomes. At EY, we’re witnessing firsthand how these technologies are not just enhancing our capabilities…

How AI and Digital Platforms Are Transforming Work at EY: Insights from Industry Leaders

The Digital Revolution in Professional Services The integration of AI and digital platforms is fundamentally reshaping how teams collaborate, upskill, and deliver value to clients at EY. This transformation extends beyond simple automation—it represents a paradigm shift in how professional services firms operate, innovate, and create competitive advantage. We asked industry thought leaders to share…

What You Need to Know About the Future of BVLOS

In the fast-paced world of drone technology, a novel concept is changing the face of aviation – Beyond Visual Line of Sight (BVLOS) flight. Currently, by law, drone operators must keep their unmanned aerial systems (UAS) within a half-mile radius, limiting the extent of their operations. The advent of BVLOS represents an exciting new…

Unveiling Sai Computing: The Future of GPU-Powered Cloud Solutions by Applied Digital

Jason Zang, Co-founder of Applied Digital, introduced Sai Computing, the latest subsidiary of Applied Digital, at a recent event. Launched in May 2023, Sai Computing specializes in GPU cloud computing, catering predominantly to the high-performance computing and AI sectors. Their offerings span a range of services, from long-term, extensive GPU deployments under the “Reserve Compute”…

Digi-Key: Fueling Innovation, Electrifying the World

Founded and headquartered in Thief River Falls, Minnesota, Digi-Key Electronics is the recognized leader and innovator in the high service distribution of electronic components and automation products worldwide.  Digi-Key offers the world’s largest selection of electronic components in stock and available for immediate shipment and has experienced an impressive growth trajectory over the last several…

Is North Dakota Primed to be the “Silicon Valley of Drones”

Grant Guillot, the host of Drones in America, welcomed renowned UAS industry expert Matt Dunlevy to a discussion of the significance of the drone industry and why it matters. Dunlevy, Founder of SkySkopes and Executive in Residence at UND (University of North Dakota), has an impressive resume. In addition to his “day job”, Dunlevy…

How 5G Will Impact Small Market Operators

At New Orleans’ Cable-Tec Expo 2019, we went looking for insights on the impact of 5G on all market sizes and company sizes, from the Comcasts to the Burlington Telecoms. As IoT devices have proliferated beyond the home and into our businesses and cities, the need for an updated technician, an updated portfolio of…

What Robots are up to in the Nike House of Innovation in Shanghai

Nike stores are known for their interactivity and innovative sportswear, and now robots are even getting in on the action. This video comes from Stephen Hekman, Vice President of Retail Services at Kingsmen Projects U.S. The two robotic legs simulate the running motion and give prospective buyers a look at the sneakers in their…