Workday CEO Carl Eschenbach has dismissed concerns that artificial intelligence (AI) will affect software business models. He called such fears overblown, despite his company cutting over 1,700 jobs last year as part of an AI-focused restructuring. In an interview with CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland, Eschenbach said, “It’s an…

Mustafa Suleyman, the CEO of Microsoft AI, has now offered a strikingly concise characterizations of two of the most influential figures in the technology industry: Elon Musk and Sam Altman. Speaking to Bloomberg in an interview, Suleyman described Elon Musk as a ‘bulldozer’ and Altman as ‘courageous’ underscoring both admiration and caution in the fast-moving…

Investor anxiety regarding the explosion of artificial intelligence-related debt is manifesting differently across investment-grade and high-yield markets, according to new research from Goldman Sachs. While big tech firms and emerging AI players have flooded the debt markets this year to fund a massive global data center build-out, the reception has cooled. AI-linked bonds are currently…

Anthropic CEO Dario Amodei has spoken on the highly discussed massive spending in the intelligence space. Speaking at this year’s DealBook Summit, Amodei addressed concerns about whether hundreds of billions of dollars being poured into AI data centres will pay off. He acknowledged that the industry is taking on “considerable risk” by such a splash…