Arabian networking group

Menu

May 1, 2026

Capgemini Says Generative AI Now Drives Over 10% of New Business Bookings

News /

French IT services giant Capgemini reported that generative and agentic AI now account for more than 10% of group bookings, showing how quickly enterprise demand for AI consulting is accelerating. Reuters reported first-quarter revenue rose 7% at constant exchange rates to 5.9 billion euros, while bookings increased 6.2% year-on-year to 6 billion euros. North America […]

Capgemini Says Generative AI Now Drives Over 10% of New Business Bookings Read More »

Iron Mountain Raises Forecast as AI Data Center Boom Accelerates Global Investment

News /

Data center operator Iron Mountain raised its full-year forecast after strong demand from companies building infrastructure for artificial intelligence applications. Reuters reported the company now expects annual revenue between $7.83 billion and $7.93 billion, up from its earlier forecast of $7.63 billion to $7.78 billion. It also reported adjusted funds from operations of $1.43 per

Iron Mountain Raises Forecast as AI Data Center Boom Accelerates Global Investment Read More »

Asian Banks Tighten AI Security as Frontier Models Raise Cyber Threat Risks

News /

Asian Banks across Asia are strengthening internal controls around artificial intelligence tools as newer frontier AI models raise concerns over more sophisticated cyberattacks. Reuters reported that major institutions including regional leaders in Singapore and Hong Kong are increasing checks on AI systems, fearing hackers could use advanced models to identify vulnerabilities faster and launch wider

Asian Banks Tighten AI Security as Frontier Models Raise Cyber Threat Risks Read More »

Oil Fear Returns as Brent Holds Above $120 and Global Inflation Risks Rise

News /

Global markets entered May under renewed pressure as Brent crude remained above $120 per barrel, driven by persistent conflict around Iran and continued disruption in the Strait of Hormuz. Reuters reported that the oil spike is heavily influencing global financial sentiment, overshadowing strong earnings from major tech companies and creating fresh inflation concerns for central

Oil Fear Returns as Brent Holds Above $120 and Global Inflation Risks Rise Read More »

AI Startup Netomi Raises $110 Million as Enterprise Automation Demand Surges

News /

AI customer service startup Netomi has secured $110 million in Series C funding, highlighting continued investor confidence in enterprise automation despite growing scrutiny around AI profitability. According to Reuters, the funding round was led by Accenture Ventures, with participation from existing investors focused on scaling enterprise-grade AI platforms. Netomi specializes in customer support automation, helping

AI Startup Netomi Raises $110 Million as Enterprise Automation Demand Surges Read More »