AI

AlixPartners Buys Artium to Expand Enterprise Agentic AI Work

AlixPartners Buys Artium to Expand Enterprise Agentic AI Work

Key Takeaways: AlixPartners has acquired agentic AI software consultancy Artium, combining the specialist’s engineering capabilities with AlixPartners’ 45 years of industry and functional experience. Financial terms of the transaction were not disclosed. The deal, announced August 4, 2026, gives AlixPartners a tea

Palantir Technologies Leads Wall Street Rally to Record Highs

Palantir Technologies Leads Wall Street Rally to Record Highs

Key Takeaways: Corporate earnings and easing energy prices pushed the major US stock indexes to new records Tuesday, with artificial intelligence businesses delivering some of the session’s strongest gains. The S&P 500 climbed 1.8%, or 136.02 points, to finish at 7,736.52. The Dow Jones industrial average advanced

Palantir’s Alex Karp Renews Warning About AI Frontier Labs

Palantir’s Alex Karp Renews Warning About AI Frontier Labs

Key Takeaways: Palantir CEO Alex Karp renewed his warning about AI frontier labs on Monday, using the company’s financial momentum to reinforce his argument about where artificial intelligence creates business value. His comments followed a quarter that delivered $1 billion in profit for Palantir, giving the criti

Zenity Raises $125 Million to Expand AI Agent Security

Zenity Raises $125 Million to Expand AI Agent Security

Key Takeaways: Zenity has raised $125 million in a Series C round as enterprises confront a new security problem: AI systems that do more than generate text. Increasingly, autonomous agents can access data, invoke tools, update records and execute multistep business processes. Norwest Venture Partners led the roun

Citadel Buys Situational Awareness Positions After AI Selloff

Citadel Buys Situational Awareness Positions After AI Selloff

Key Takeaways: Situational Awareness is liquidating most of its public equity positions following a severe reversal in artificial intelligence stocks, turning one of the market’s highest-profile AI wagers into a broader test of thematic investing. The hedge fund, founded by 25-year-old Leopold Aschenbrenner, lost

Amazon Raises AWS Ambition to $1 Trillion as AI Demand Accelerates

Amazon Raises AWS Ambition to $1 Trillion as AI Demand Accelerates

Key Takeaways: Amazon Raises AWS Ambition to $1 Trillion as AI Demand Accelerates Key Takeaways: • AWS generated $42.2 billion in Q2 2026 revenue, rising 37.6% year over year and reaching a $169 billion annualized run rate. • Amazon CEO Andy Jassy said AWS could eventually become a $1 trillion annual revenue busin