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Box CEO Aaron Levie warns tech executives suffer from 'AI psychosis' amid implementation gap

Aaron Levie, Box co-founder and CEO, has coined the term 'AI psychosis' to describe how tech executives have become detached from the practical challenges of AI implementation. While leaders see promising AI demos, employees struggle with the messy reality of turning outputs into reliable business tools—a disconnect already triggering layoffs and failed projects.

Business2 sources

Box CEO Aaron Levie warns tech executives suffer from 'AI psychosis' amid implementation gap

Business2 sources

Major firms halt AI rollouts as hidden data and confusion expose implementation challenges

Fortune 500 companies are hitting pause on AI deployments as long-forgotten data surfaces unexpectedly and employees struggle with unclear strategies. Fidelity Investments and EY temporarily halted rollouts after AI exposed decades of unmanaged information, while executives debate whether to treat AI agents as colleagues or tools. The gap between AI promises and operational reality is widening.

Technology6 sources

Major firms halt AI rollouts as hidden data and confusion expose implementation challenges

Technology6 sources

Salesforce CEO Marc Benioff declares AI agents will redefine enterprise software, not end it

Salesforce CEO Marc Benioff envisions a future where AI agents work alongside humans, handling customer service, lead qualification, and workflows autonomously. The company's Agentforce platform has already grown into an $800 million business, processing 28.6 trillion AI tokens last quarter. Benioff predicts that within two years, more AI agents will use Slack than people, signaling a shift from traditional SaaS to what he calls the Agentic Enterprise era.

Technology2 sources

Salesforce CEO Marc Benioff declares AI agents will redefine enterprise software, not end it

Technology2 sources

Wix lays off 1,000 workers as AI capabilities and currency pressures force major restructuring

Website building company Wix is cutting 1,000 jobs—20% of its workforce—in its largest layoff ever. CEO Avishai Abrahami cited two main drivers: the strengthening Israeli shekel against the US dollar and the fast evolution of AI capabilities that's reshaping how software companies operate. The move comes as Wix's stock has plummeted more than 50% in 2026 following disappointing earnings.

Business4 sources

Wix lays off 1,000 workers as AI capabilities and currency pressures force major restructuring

Business4 sources

TCS becomes first Global Systems Integrator for Mistral Forge to build custom AI models

Tata Consultancy Services has partnered with French AI startup Mistral to co-build custom AI models for enterprises. TCS becomes the first Global Systems Integrator partner for Mistral Forge, focusing on banking, manufacturing, healthcare, and public sectors where organizations need greater control and regulatory compliance in AI deployments.

Technology2 sources

TCS becomes first Global Systems Integrator for Mistral Forge to build custom AI models

Technology2 sources

JD.com founder vows to protect 900,000 jobs from AI while operating warehouse with four workers

JD.com founder Liu Qiangdong pledged to safeguard the company's 900,000-strong workforce from AI and robotics automation. But the promise sits uncomfortably with his vision of an 'unmanned era' and a flagship automated warehouse that already runs on just four human employees who service robots.

Policy2 sources

JD.com founder vows to protect 900,000 jobs from AI while operating warehouse with four workers

Policy2 sources

Mistral AI secures Airbus and BMW partnerships for physics-aware industrial engineering platform

French AI startup Mistral AI launched its industrial engineering platform at its first Paris conference, securing partnerships with Airbus, BMW, and EDF. The physics-aware AI stack targets aerospace, automotive, and energy sectors, positioning European AI as an alternative to US tech giants in heavy industry applications.

Technology3 sources

Mistral AI secures Airbus and BMW partnerships for physics-aware industrial engineering platform

Technology3 sources

DXC Technology launches dedicated engineering group to accelerate AI-powered transformation

DXC Technology has established DXC Engineering, a specialized global group bringing together over 11,000 engineers to help organizations design, build, and scale AI-powered products across high-stakes industries. The move signals a strategic shift as companies seek expertise to operationalize AI in complex, regulated environments where reliability and security are paramount.

Business2 sources

DXC Technology launches dedicated engineering group to accelerate AI-powered transformation

Business2 sources

Salesforce Headless 360 logs 4.5M calls as Anthropic usage surges fivefold through Claude

Salesforce revealed that Headless 360 has processed 4.5 million MCP calls and nearly a trillion API calls since launching in April. Anthropic's Sales Cloud usage increased fivefold as employees started accessing Salesforce through Claude and Slack rather than logging in directly. But customer confusion about the offering has prompted executives to clarify the strategy.

Technology3 sources

Salesforce Headless 360 logs 4.5M calls as Anthropic usage surges fivefold through Claude

Technology3 sources

Trust and Identity Gaps Threaten Agentic Commerce as AI Agents Face Infrastructure Barriers

Consumer appetite for AI shopping agents is outpacing merchant readiness, with nearly one in three willing to trust agents with purchases up to $500. But the infrastructure to verify identity, track authorization, and resolve disputes for machine-initiated transactions doesn't exist yet, threatening billions in lost revenue and exposing critical weaknesses in the payments landscape.

Technology3 sources

Trust and Identity Gaps Threaten Agentic Commerce as AI Agents Face Infrastructure Barriers

Technology3 sources

Advaya Capital acquires Comscore Movies for $70 million, revives Rentrak brand with AI plans

Private equity firm Advaya Capital has completed a $70 million acquisition of Comscore Movies, the industry's gold standard for box office data collection. The business will return to its former name, Rentrak, as it covers 95% of the global box office across 34,000 theaters. Advaya plans to leverage AI for enhanced data collection and predictive analytics while expanding into underpenetrated international markets.

Business2 sources

Advaya Capital acquires Comscore Movies for $70 million, revives Rentrak brand with AI plans

Business2 sources

HP beats Q2 earnings with 9% revenue growth as AI PC and Windows 11 refresh drive commercial demand

HP Inc. exceeded Wall Street expectations in its fiscal 2026 second quarter, reporting revenue of $14.4 billion and adjusted earnings of 86 cents per share. The PC maker's strong performance was fueled by a 13% surge in Personal Systems revenue, driven by commercial PC demand and the shift toward AI-capable hardware during the Windows 11 upgrade cycle.

Business2 sources

HP beats Q2 earnings with 9% revenue growth as AI PC and Windows 11 refresh drive commercial demand

Business2 sources

Amazon AI fund greenlights three shows, but one gets canceled after intense backlash

Amazon MGM Studios launched its GenAI Creators' Fund, greenlighting three AI-generated animated series for Prime Video. But one show, Punky Duck, was canceled just 48 hours after announcement following intense online criticism. The incident reveals growing resistance to AI in filmmaking as Hollywood unions and audiences push back against AI production technology.

Entertainment8 sources

Amazon AI fund greenlights three shows, but one gets canceled after intense backlash

Entertainment8 sources

OpenAI Foundation pledges $250 million to help workers navigate AI economic disruption

The OpenAI Foundation announced a $250 million commitment to help workers and economies prepare for AI-driven economic upheaval. The initiative will fund research into AI's impact on the job market, support displaced workers, and explore new wealth distribution models. This marks the foundation's first major funding commitment since receiving a 26% stake valued at $130 billion in OpenAI's restructuring.

Policy4 sources

OpenAI Foundation pledges $250 million to help workers navigate AI economic disruption

Policy4 sources

Cognition raises $1B at $26B valuation as Devin AI software engineer writes 90% of its own code

AI coding startup Cognition has raised over $1 billion at a $26 billion valuation, more than doubling its worth in eight months. The company's flagship product Devin, an autonomous AI software engineer, now writes more than 90% of Cognition's internal code. With customers like Goldman Sachs, Mercedes-Benz, and NASA, Cognition has grown its annualized revenue from $37 million to $492 million in just 12 months.

Startups3 sources

Cognition raises $1B at $26B valuation as Devin AI software engineer writes 90% of its own code

Startups3 sources

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