Tag: AI tools

Adobe Runway AI Pact Deepens GenAI Grip on Creatives

Summary Adobe inks multiyear AI alliance with Runway to supercharge Firefly video tools. Deal promises seamless genAI for pros but sparks questions on IP training data ethics and market lock-in.

OpenAI Anthropic Roll Out Underage Detection Amid Mounting Scrutiny

OpenAI and Anthropic deploy AI safety tools to flag underage users sparking questions on detection accuracy privacy tradeoffs and enforcement amid rising legislative pressure on child safety.

TCS Hits $1.5B AI Revenue Run Rate Amid Global Demand Surge

Tata Consultancy Services (TCS) achieves $1.5 billion annualized AI revenue, fueled by GenAI projects and agentic solutions. Milestone underscores India's IT giant leading enterprise AI transformation.​

Databricks Bags $4B Boost at $134B Valuation for AI Expansion

Databricks secures over $4 billion in Series L funding valuing it at $134 billion. Fresh capital fuels enterprise AI tools like Agent Bricks and Lakebase amid 55% revenue growth

BigBear.ai Stock Surges on Analyst Buzz Ask Sage Deal Momentum

BigBear.ai (BBAI) draws analyst spotlight ahead of key shareholder vote and Ask Sage acquisition close. Stock volatility highlights investor bets on defense AI growth despite revenue dips.

CEOs Double Down on AI Bets Despite Spotty Returns in 2026

New surveys reveal 68% of CEOs plan to boost AI spending in 2026, undeterred by mixed ROI on current projects. Long-term transformation trumps short-term hurdles for enterprise leaders.

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