The post Starbucks (SBUX) Develops Proprietary AI Platform to Slash $400M Software Budget appeared on BitcoinEthereumNews.com.
Key Highlights The coffee retailer is creating proprietary AI-driven solutions to eliminate dependency on IBM and Microsoft platforms Annual software expenditures currently total approximately $400 million, which the company aims to reduce substantially Internal platforms may launch by late next year following comprehensive testing phases The technology division expects to reduce spending by roughly $30 million in the current fiscal year IBM shares declined approximately 3%, ServiceNow dropped 3.5%, and Salesforce fell 4% during premarket hours following the announcement The Seattle-based coffee giant is constructing proprietary AI-enabled platforms to substitute enterprise solutions currently purchased from major technology providers like IBM and Microsoft. This strategic shift caused enterprise software stocks to retreat during Thursday’s early trading sessio
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
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 rising emissions from AI infrastructure expansion challenge tech giants' sustainability efforts, impacting energy markets and regulatory scrutiny.
The post Microsoft’s AI growth strains climate goals as emissions rise 23% from baseline appeared first on Crypto Briefing.
The post Telebiz Launches Telegram-Native CRM And AI Platform For Crypto Teams appeared on BitcoinEthereumNews.com.
Telebiz has launched a platform that brings customer relationship management, business development, and AI-powered workflows directly into Telegram, aiming to help crypto-native teams manage deals and partnerships without leaving the messaging app they already use every day. The platform replaces the standard Telegram Web experience while allowing users to keep the same account, conversations, and interface. Instead of relying on separate CRM software, spreadsheets, and task management tools, teams can organize business activity directly within Telegram. As Telegram has become the primary communication platform for many crypto startups, venture funds, and remote-first organizations, much of their sales, partnership, and investor activity now happens inside chat conversations. Telebiz is designed to capture those workflows by allowing users to connect chats with contacts a
Starbucks' AI shift could inspire other enterprises to develop in-house tech solutions, reducing reliance on traditional big tech vendors.
The post Starbucks builds AI tools to replace Microsoft and IBM software, signaling enterprise shift away from big tech vendors appeared first on Crypto Briefing.
