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Day: October 31, 2025

Wharton Finds 82% of Leaders Use Gen AI Weekly

Wharton Finds 82% of Leaders Use Gen AI Weekly

October 31, 2025

A recent Wharton study shows just how quickly the Gen AI adoption has gone mainstream: 82% of enterprise leaders now use generative…

Navan Raises $923 Million in Travel Management Platform IPO

Navan Raises $923 Million in Travel Management Platform IPO

October 31, 2025

Business travel and expense management software company Navan raised $923 million upon going public. The company’s shares opened at $22 each Thursday…

OpenAI Aims to Add 1 Gigawatt of Compute Per Week

OpenAI Aims to Add 1 Gigawatt of Compute Per Week

October 31, 2025October 31, 2025

OpenAI would like to build an artificial intelligence (AI) factory to make 1 gigawatt of compute per week of new capacity,…

Mastercard CEO Sees ‘Long Runway’ for Agentic Commerce

Mastercard CEO Sees ‘Long Runway’ for Agentic Commerce

October 31, 2025

Agentic commerce, stablecoins and steady consumer spending were among the highlights of Mastercard’s third-quarter earnings report on Thursday (Oct. 30). CEO Michael…

WEX Says AI Accelerates Product Innovation by 20%

WEX Says AI Accelerates Product Innovation by 20%

October 31, 2025

Global commerce platform WEX has found that artificial intelligence has accelerated its product innovation by 20%. WEX CEO Melissa Smith said Thursday (Oct. 30)…

OpenAI Mulling $1 Trillion IPO as AI Costs Compound

OpenAI Mulling $1 Trillion IPO as AI Costs Compound

October 31, 2025

OpenAI is reportedly planning what could be one of the largest-ever initial public offerings (IPOs). That’s according to a report late Tuesday (Oct.…

Pichai Says Gemini App Has 650 Million Downloads 

Pichai Says Gemini App Has 650 Million Downloads 

October 31, 2025October 31, 2025

If there were any questions about what drove Google parent Alphabet towards its first ever quarter of notching more than $100 billion…

Meta Flags Bigger 2026 AI Buildout as ‘Superintelligence’ Drive Accelerates

Meta Flags Bigger 2026 AI Buildout as ‘Superintelligence’ Drive Accelerates

October 31, 2025October 31, 2025

Meta told investors on Wednesday (Oct. 29) to brace for a step-up in infrastructure spending next year as it races…

Microsoft’s AI Bet Keeps Paying Off Across Cloud, Copilot and Code

Microsoft’s AI Bet Keeps Paying Off Across Cloud, Copilot and Code

October 31, 2025

Microsoft is no longer just a software company or even a cloud company. It’s now an AI infrastructure provider shaping…

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