Starbucks (SBUX) Develops Proprietary AI Platform to Slash $400M Software Budget

The post Microsoft’s Emissions Surge Thanks To AI Boom appeared on BitcoinEthereumNews.com. Topline Microsoft on Thursday reported its carbon emissions swelled last year as the software giant built new data centers, marking a setback for its climate goals as booming AI demand is expected to drive a sharp increase in global emissions over the next decade. Demand for AI is expanding, but sustainability solutions are “not scaling fast enough,” Microsoft reported. Copyright 2016 The Associated Press. All rights reserved. Key Facts Microsoft emitted 20 million metric tons of carbon dioxide equivalent—a measurement of all greenhouse gases as if they were carbon dioxide—last year, a 25% increase from the 16 million metric tons emitted in 2024, the company said in its annual sustainability report. Microsoft President Brad Smith and Chief Sustainability Officer Melanie Nakagawa said in the report that while AI infrastructure is driving demand for energy, water, land and materials, “sustainabili

New Speakers From Microsoft, UNESCO, the National Science Foundation, and Leading Research Institutions Join A.M. Turing Award Laureates, United Nations Leaders, and Technology Pioneers at Inaugural Event NEW YORK, July […] The post ACM Expands AI Leadership Summit Speaker Lineup with Eight Global AI Leaders appeared first on AIwire.

PALO ALTO, Calif., July 9, 2026 — Ollama today announced a $65 million Series B funding round led by Theory Ventures, with participation from Benchmark, 8VC, Y Combinator, Pace Capital, 49 […] The post Ollama Raises $65M Series B Funding to Grow Its Open Source AI Platform appeared first on AIwire.

The post International Business Machines (IBM) Stock Drops 1.3% Despite Quantum Computing Buzz appeared on BitcoinEthereumNews.com. Key Highlights Milwaukee Bucks forward Kyle Kuzma toured IBM’s Thomas J. Watson Research Center, sharing his quantum computing experience with his 1.3 million X platform followers. The tech giant clarified the laboratory visit wasn’t sponsored — Kuzma initiated contact after publicly showing interest in quantum technology on social platforms. Wall Street consensus rates IBM as “Moderate Buy” with a $306.47 average price target; Bank of America recently upgraded its forecast to $330. Sumitomo Mitsui Trust Group decreased its IBM holdings by 3.8% during Q1, divesting 91,570 shares, while institutional investors maintain 58.96% ownership. The company announces Q2 2026 financial results on July 22; shares began Thursday trading at $302.18, declining 1.3% intraday. International Business Machines enters earnings reporting season amid a distinctive convergence o

OpenAI has unveiled ChatGPT Work, a unified app for enterprises that combines AI capabilities with essential tools, challenging Microsoft and Google.

The updates amount to a significant expansion of the platform.

Windows 11 updates could soon include fixes for more security issues at once. Microsoft said in a blog post on Thursday that it's now using AI to "identify potential issues earlier," which means "customers will see a higher volume of security updates included in each security release." Hackers, even amateurs, have increasingly been using AI to quickly exploit security weaknesses over the past several months. Security researchers are also using AI to find issues faster, leading to more frequent high-severity vulnerabilities, like the "Copy Fail" exploit that impacted nearly every Linux distribution in May. Similarly, when Anthropic announce … Read the full story at The Verge.

The only certainty is that capital spending is going through the roof