Author: <span>thepj5-6a59c584afc19</span>
Icertis appoints interim co-CEOs: board starts search for permanent leader
Icertis has appointed Chief Financial Officer Rajat Bahri and board member Jim Moffatt as interim co-CEOs, while Moffatt also becomes board chair and Bahri remains CFO. The leadership change places two executives with finance, consulting and enterprise technology experience in charge as the contract intelligence company continues its AI-native product strategy and begins a search for a permanent chief executive.
OpenAI proposes AI ROI scorecard: successful tasks replace token costs
OpenAI has proposed a four-part framework for measuring enterprise AI value around useful work, total cost per successful task, dependability and economic improvement at scale. The approach challenges procurement decisions based mainly on token prices or seat adoption and gives SaaS leaders a practical way to compare models, workflows and human review costs against completed business outcomes.
SAP completes Prior Labs acquisition: more than 1 billion euros backs structured data AI
SAP has completed its acquisition of German artificial intelligence company Prior Labs and committed more than 1 billion euros over four years to expand the business as an independent frontier AI laboratory. The deal gives SAP a specialist team focused on tabular foundation models, a category designed for structured business data such as payments, suppliers, sales opportunities and customer retention.
Brussels forces Google open: rival AI assistants get full Android access, search data for sale from 2027
The European Commission has issued two binding decisions under the Digital Markets Act. Competing AI assistants will get the same access to Android as Google's own Gemini, and third parties will be able to license anonymized Google Search data at a regulated price.
Anthropic reportedly preparing an October IPO as annualized revenue approaches $47 billion
Anthropic is preparing for a stock market listing as early as October and is in talks with Samsung about a custom AI chip, according to reporting by TechCrunch. The company's annualized revenue is said to be approaching $47 billion.
TSMC posts a record quarter on AI demand: $39.6 billion in revenue, up 36 percent
Taiwan Semiconductor Manufacturing Company reported record second-quarter revenue of roughly $39.6 billion, 36 percent higher than a year earlier, driven almost entirely by demand for AI processors.
The 95 percent problem: why most enterprise AI pilots still produce no profit
Behind this month's biggest AI announcements sits one recurring statistic: roughly 95 percent of enterprise AI pilots deliver no measurable profit impact. The gap between capability and value has become the industry's defining commercial problem.
How to choose an AI consultant or agency (and when you do not need one)
The AI consulting market has exploded, and quality varies wildly. Here is how to tell substance from theater, what fair engagements look like, and the cases where you should skip the consultant entirely.
The EU AI Act for startups: what applies to you, and when
The AI Act applies to anyone selling AI into the EU, not just European companies. With the high-risk deadline now moved by sixteen months, here is the startup-sized version of what actually applies to you.
OpenAI reportedly offers the US government a 5 percent stake worth $42.6 billion
OpenAI has proposed giving the US government a 5 percent equity stake, worth about $42.6 billion at the company's $852 billion valuation, according to reporting by CNBC. The proposal is framed as part of a broader accountability arrangement for frontier AI companies.