Cloud spend rises as hyperscalers race to meet demand

AI infrastructure investments soared as global cloud spend reached $110 billion in the final quarter of 2025, according to an Omdia report.

By Makenzie Holland • March 27, 2026

Bank of America’s wealth management firms roll out AI tool

AI-Powered Meeting Journey leans on Salesforce CRM data to gather materials, summarize meetings and provide natural language assistance to financial advisors.

By Makenzie Holland • March 26, 2026

AI inference costs set to plunge: Gartner

But CIOs likely won't see any savings as model sizes go up and functionality becomes more advanced, the analyst firm said.

By Makenzie Holland • March 25, 2026

Data center buildouts slowed late last year — finally

Despite ongoing hyperscaler infrastructure investments and record compute demand, construction declined for the first time since 2020, CBRE research found.

By Matt Ashare • March 24, 2026

For vendors, Nvidia GTC is now a ‘tour of dependency’

Nvidia is "the picks-and-shovels merchant for the entire AI gold rush,” said Alan Pelz-Sharpe, founder of Deep Analysis.

By Makenzie Holland • March 17, 2026

IBM, Nvidia tackle AI data woes

Infrastructure integrations will speed up queries, improve document scanning and expand storage capabilities, the two companies said Monday at GTC 2026.

By Matt Ashare • March 16, 2026

Banks struggle to scale AI as legacy tech devours IT budgets

With AI initiatives stuck in the pilot phase, more than 80% of executives are failing to see anticipated gains from investments, a Capgemini report found.

By Makenzie Holland • March 16, 2026

Dallas Cowboys’ CIO breaks down data silos amid modernization

CIO Matt Messick said the IT unit plans to launch an AI dashboard at AT&T Stadium, where FIFA World Cup games will take place in June.

By Makenzie Holland • March 12, 2026

HPE warns of rising server and storage prices

The company is preparing to navigate commodity shortages in 2026 and anticipates higher prices to continue into 2027.

By Makenzie Holland • March 10, 2026

Broadcom expects AI to power VMware revenue growth

“We are confident that the growth in generative and agentic AI will create the need for more VMware, not less,” CEO Hock Tan said.

By Makenzie Holland • March 5, 2026

Dell reacts to memory chip crunch as PC, server revenues soar

“We're compressing discounting,” COO Jeff Clarke said Thursday. “Our quotes are valid for the shortest period of time they've ever been.”

By Matt Ashare • March 2, 2026

AWS gains enterprise edge with OpenAI partnership

The tech giant’s deal to exclusively distribute OpenAI Frontier is a “gamechanger,” said Gartner Distinguished VP Analyst Jason Wong.

By Makenzie Holland • Feb. 27, 2026

HSBC names generative AI a leading investment area

The global bank plans to use the technology for employee assistance, process reengineering and customer experience.

By Makenzie Holland • Feb. 26, 2026

Intel, SambaNova link up to support AI compute

The collaboration aims to cut costs for enterprises deploying agents and cloud-scale inference capabilities.

By Makenzie Holland • Feb. 24, 2026

Banks boost venture deals to scale AI

Wells Fargo and Citigroup topped the leaderboard for AI VC investments as the financial services industry works to build and scale the technology.

By Makenzie Holland • Feb. 20, 2026

Anthropic, Infosys to build AI agents for regulated industries

The partnership marks the latest vendor effort to develop industry-specific AI agents, including for financial services.

By Makenzie Holland • Feb. 19, 2026

TD Bank US head of AI weighs in on agents

Successful AI projects hinge on envisioning the full production environment where employees and customers will engage with the technology, Ted Paris said.

By Makenzie Holland • Feb. 18, 2026

Global sovereign cloud spend to increase 35.6% in 2026

Cloud customers will seek more local infrastructure options in an effort to retain full control of their data, according to Gartner.

By Makenzie Holland • Feb. 10, 2026

US banks wrestle with regulation amid rising AI spend

Despite the challenges, financial services firms in the U.S. lead their global counterparts in AI maturity, according to a Finastra report.

By Makenzie Holland • Feb. 10, 2026

Amazon adds $200B to AI spend blitz

“We’re monetizing capacity as fast as we can install it,” said CEO Andy Jassy. The company joins Google and Microsoft in escalating 2026 capital expenditures.

By Makenzie Holland • Feb. 6, 2026

UBS deploys AI programs to unlock efficiency

The financial services firm is seeing AI adoption increase across its operations, according to UBS Group CEO Sergio Ermotti.

By Makenzie Holland • Feb. 5, 2026

IT leaders grapple with AI agent sprawl

Businesses are struggling to implement multiagent systems, leading to disconnected workflows and redundant automation, according to a report.

By Makenzie Holland • Feb. 5, 2026

Citi pilots AI-assisted collaboration feature for employees

CTO David Griffiths said Spaces will help teams work together on projects within the financial services firm’s AI platform.

By Makenzie Holland • Feb. 3, 2026

Microsoft AI investments raise questions about long-term strategy

CEO Satya Nadella reported rising interest in cloud and AI sovereignty, which analysts warned could lead to more selective enterprise buying patterns.

By Makenzie Holland • Jan. 29, 2026

Nvidia backs CoreWeave with $2B to fuel AI infrastructure

The investment will help the neocloud vendor add five gigawatts of AI-optimized compute by 2030, the two companies said Monday.

By Makenzie Holland • Jan. 26, 2026