IBM's Stock Price Soars as AI Demand Drives Revenue Beyond Expectations

Alibaba's AI-powered search engine, Accio, has reached over one million users. New AI features are being added to further enhance its capabilities and empower global trade.
Oracle CEO Safra Catz said Monday that the company expects strong revenue growth in fiscal years 2026 and 2027, reflecting a surge in demand for advanced AI computing that shows no signs of slowing. Oracle projects a 15% revenue increase in fiscal 2026 and a 20% jump in fiscal 2027, according to LSEG data, exceeding analyst expectations. Image note: Image generated by AI.
At the recent Human [X] conference, Mike Krieger, Chief Product Officer at AI startup Anthropic, revealed the company has no plans to enter the hardware or consumer entertainment market. Instead, Anthropic is concentrating on developing general foundation models for enterprise use. As the developer of Claude AI, Anthropic, backed by Amazon and Google, aims to provide practical AI solutions across various industries. Krieger stated that Anthropic...
According to the South China Morning Post, Alibaba is aggressively pushing the adoption of artificial intelligence (AI) technologies, aiming for 100% adoption of AI tools by all merchants by the end of 2025, according to Zhang Kuo, president of Alibaba International Wholesale. Currently, over half of the approximately 200,000 merchants are using Alibaba's AI applications weekly. Launched in early 2024, these AI tools are designed to assist merchants with marketing, product management, customer interaction, and risk control. These measures are part of Alibaba's...