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Software Stocks Tumble as AI Disruption Fears Trigger M&A Activity and Private Equity Interest

Cloud software stocks have plunged more than 8% this year as investors worry artificial intelligence will displace traditional enterprise software. But Orlando Bravo of Thoma Bravo sees the selloff as creating exceptional buying opportunities, arguing that software companies' deep domain knowledge positions them to lead enterprise AI adoption rather than be disrupted by it.

Business2 sources

Software Stocks Tumble as AI Disruption Fears Trigger M&A Activity and Private Equity Interest

Business2 sources

Rokid launches AI Glasses Style at $299, challenging Meta with voice-first smart wearables

Rokid AI Glasses Style is now available globally at $299, offering a screenless, voice-first alternative to Meta Ray-Ban smart glasses. Weighing just 38.5 grams with a titanium frame, the AI-powered smart glasses support ChatGPT, real-time translation in 89 languages, and built-in prescription lens customization, positioning themselves as practical AI wearables for everyday use.

Technology3 sources

Rokid launches AI Glasses Style at $299, challenging Meta with voice-first smart wearables

Technology3 sources

AMD Adrenalin 26.1.1 brings optional AI Bundle and Ryzen AI 400 support to simplify local AI

AMD released Adrenalin 26.1.1 with an optional AI Bundle featuring PyTorch, ComfyUI, Ollama, LM Studio, and Amuse for streamlined local AI workflows. The WHQL driver adds support for Ryzen AI 400 series processors and delivers game optimizations for Starsand Island and Avatar: Frontiers of Pandora, alongside fixes for graphics and performance bugs across Radeon GPUs.

Technology3 sources

AMD Adrenalin 26.1.1 brings optional AI Bundle and Ryzen AI 400 support to simplify local AI

Technology3 sources

Ubisoft accelerates player-facing generative AI investment amid restructuring and layoffs

Ubisoft announced major restructuring plans including layoffs and seven project cancellations while accelerating investments in player-facing generative AI. The publisher intends to integrate AI-powered NPCs directly into gameplay experiences, particularly in open-world games, despite growing industry backlash against generative AI technology.

Business2 sources

Ubisoft accelerates player-facing generative AI investment amid restructuring and layoffs

Business2 sources

Jamie Dimon warns AI rollout may need to slow down to prevent civil unrest and job disruption

JPMorgan Chase CEO Jamie Dimon told the World Economic Forum that AI adoption may outpace society's ability to adapt, potentially triggering civil unrest. He called for phased implementation, retraining programs, and even government intervention to protect over 300,000 employees, citing the trucking industry's 2 million workers as a critical example of where safeguards are needed.

Business5 sources

Jamie Dimon warns AI rollout may need to slow down to prevent civil unrest and job disruption

Business5 sources

OpenAI and Anthropic intensify enterprise AI push as business customers become primary revenue focus

OpenAI and Anthropic revealed at Davos that enterprise customers now represent 40% and 80% of their respective businesses. Both artificial intelligence startups are racing to expand their enterprise footprint, with OpenAI projecting enterprise revenue to reach 50% by year-end as competition intensifies for lucrative business contracts.

Business3 sources

OpenAI and Anthropic intensify enterprise AI push as business customers become primary revenue focus

Business3 sources

AI Apps Drive Consumer Spending Past Games for First Time as Mobile Revenue Hits $85 Billion

Consumer spending on mobile apps reached a historic milestone in 2025, with non-game apps surpassing games globally for the first time. Generative AI apps led the surge, tripling in-app purchase revenue to exceed $5 billion as downloads doubled to 3.8 billion. ChatGPT alone generated $3.4 billion, while users spent 48 billion hours engaging with AI assistants.

Business2 sources

AI Apps Drive Consumer Spending Past Games for First Time as Mobile Revenue Hits $85 Billion

Business2 sources

Jensen Huang says AI infrastructure buildout will create more jobs for skilled trades workers

Nvidia CEO Jensen Huang argued at the World Economic Forum that AI will drive demand for plumbers, electricians, and construction workers as the industry undertakes what he calls the largest infrastructure buildout in human history. While AI threatens white-collar displacement, Huang says trade workers could earn six-figure salaries building chip factories and data centers needed to power the AI boom.

Business20 sources

Jensen Huang says AI infrastructure buildout will create more jobs for skilled trades workers

Business20 sources

Anthropic CEO warns AI writing code could replace software engineers within a year

Dario Amodei predicts AI models will handle most software engineering tasks within 6-12 months, as engineers at Anthropic already rely on AI-generated code. Ryan Dahl, creator of Node.js, agrees the era of humans writing code is over. Google DeepMind's CEO warns of impacts on junior roles and internships.

Technology4 sources

Anthropic CEO warns AI writing code could replace software engineers within a year

Technology4 sources

Gates Foundation and OpenAI launch $50 million initiative to integrate AI into 1,000 African clinics

The Gates Foundation and OpenAI announced Horizon1000, a $50 million partnership to deploy AI-powered technology in clinics across Rwanda and other African nations by 2028. The initiative aims to address severe healthcare worker shortages in Sub-Saharan Africa, where nearly 6 million health professionals are needed, by supporting clinical record-keeping and decision-making without replacing medical staff.

Health13 sources

Gates Foundation and OpenAI launch $50 million initiative to integrate AI into 1,000 African clinics

Health13 sources

Palantir CEO Alex Karp says AI will eliminate need for immigration, destroy humanities jobs

Alex Karp made bold claims at Davos that AI will displace enough jobs to make large-scale immigration obsolete, while vocational training becomes essential. The Palantir CEO's controversial statements come as his company's value soars past $400 billion, even as skeptics question whether AI investments are delivering actual returns.

Entertainment8 sources

Palantir CEO Alex Karp says AI will eliminate need for immigration, destroy humanities jobs

Entertainment8 sources

Google's Gemini AI sees developer requests surge twice as much in five months

Google's Gemini AI models are experiencing explosive growth, with developer requests more than doubling in just five months. The surge signals improving model quality and increased revenue for Google Cloud, though profitability margins remain a challenge. Meanwhile, Google's partnership with Walmart aims to transform e-commerce through natural language shopping.

Business2 sources

Google's Gemini AI sees developer requests surge twice as much in five months

Business2 sources

Bristol Myers teams with Microsoft to deploy AI for early lung cancer detection across US hospitals

Bristol Myers Squibb and Microsoft are deploying FDA-cleared radiology AI algorithms through the Precision Imaging Network to accelerate early detection of lung cancer. The platform analyzes X-ray and CT scans to help clinicians identify hard-to-detect lung nodules, with a focus on expanding access to medically underserved communities across the United States.

Health2 sources

Bristol Myers teams with Microsoft to deploy AI for early lung cancer detection across US hospitals

Health2 sources

ServiceNow and OpenAI forge three-year deal to embed AI agents across enterprise workflows

ServiceNow has signed a three-year partnership with OpenAI to integrate advanced AI models like GPT-5.2 into its enterprise platform, bringing AI agents to more than 80 billion workflows annually. The deal includes a revenue commitment tied to customer adoption and positions both companies at the center of the shift from AI experimentation to scaled deployment across core business operations.

Technology6 sources

ServiceNow and OpenAI forge three-year deal to embed AI agents across enterprise workflows

Technology6 sources

Satya Nadella warns AI risks losing social permission without tangible societal benefits

Microsoft CEO Satya Nadella issued a stark warning at the World Economic Forum that AI must deliver measurable benefits across industries or risk becoming a bubble. He emphasized that the technology needs widespread adoption beyond tech companies to justify massive energy consumption and capital expenditures, urging business leaders to reinvent knowledge work.

Business14 sources

Satya Nadella warns AI risks losing social permission without tangible societal benefits

Business14 sources

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