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Big Tree Cloud stock jumps 7.27% as company expands into artificial intelligence business lines

Big Tree Cloud Holdings shares surged Friday after the company announced a major push into artificial intelligence, appointing Xiaoxuan Zhu as Co-Chief Executive Officer and bringing in AI talent from Alibaba and JD.com. The NASDAQ-listed firm also signed a strategic cooperation agreement with a top-ranked Kaggle AI expert to support its transformation.

Business2 sources

Big Tree Cloud stock jumps 7.27% as company expands into artificial intelligence business lines

Business2 sources

India positions itself as global AI development hub with Impact Summit 2026 and startup push

Prime Minister Narendra Modi met with 12 Indian AI startups ahead of the India AI Impact Summit 2026, calling them 'co-architects of India's future.' The summit, scheduled for February 15-20 in Delhi, will bring together leaders from 20 countries and showcase India's growing AI ambitions through case studies, compendiums, and homegrown solutions focused on ethical and inclusive AI development.

Policy7 sources

India positions itself as global AI development hub with Impact Summit 2026 and startup push

Policy7 sources

European banks plan to eliminate 200,000 jobs by 2030 as AI transforms the industry

A Morgan Stanley analysis reveals that over 200,000 European banking jobs could vanish by 2030 as financial institutions embrace AI and close physical branches. The cuts represent roughly 10% of the workforce at 35 major banks, with back-office operations, risk management, and compliance roles facing the greatest threat as lenders chase 30% efficiency gains.

Business5 sources

European banks plan to eliminate 200,000 jobs by 2030 as AI transforms the industry

Business5 sources

Anti-AI Movement Builds Momentum As Political Backlash Divides Both Major US Parties

Growing concerns about artificial intelligence are creating political divisions within both Democratic and Republican parties. While voters express anxiety over data centers, energy costs, and job displacement, public opinion polls reveal a more nuanced picture than the emerging anti-AI movement suggests, with nearly half of Americans still holding favorable views of the technology.

Policy2 sources

Anti-AI Movement Builds Momentum As Political Backlash Divides Both Major US Parties

Policy2 sources

Octopus Energy spins off AI unit Kraken Technologies at $8.65 billion, eyeing public listing

British renewable energy company Octopus Energy is spinning off its AI technology unit Kraken Technologies as a standalone entity valued at $8.65 billion. The separation follows a $1 billion funding round led by D1 Capital Partners and sets the stage for a potential public listing by mid-2026, with London and the US being considered as possible listing locations.

Business4 sources

Octopus Energy spins off AI unit Kraken Technologies at $8.65 billion, eyeing public listing

Business4 sources

AI forecasting tool helps NHS cut A&E waiting times across 50 England hospitals this winter

Hospitals across England are deploying an AI forecasting tool to predict emergency department demand and reduce A&E waiting times this winter. About 50 NHS trusts are using the technology, which analyzes historical data including weather trends and flu rates to optimize staffing and bed availability, allowing clinicians to focus on patient care rather than administrative burdens.

Health2 sources

AI forecasting tool helps NHS cut A&E waiting times across 50 England hospitals this winter

Health2 sources

Hotel Groups Bet on Loyalty Programs to Fend Off AI Agents and Online Travel Platforms

Major hotel chains are doubling down on loyalty programs as AI agents reshape travel booking. Marriott's Bonvoy reached 260 million members, up 18% year-over-year, while Hilton and Wyndham enhance perks to encourage direct bookings. The push aims to reduce commission fees paid to online travel agents and capture valuable guest data before autonomous AI bots change how customers book rooms.

Business3 sources

Hotel Groups Bet on Loyalty Programs to Fend Off AI Agents and Online Travel Platforms

Business3 sources

Snowflake eyes $1 billion Observe Inc deal to strengthen AI and monitoring capabilities

Snowflake is negotiating a $1 billion acquisition of application monitoring startup Observe Inc to expand its AI and observability capabilities. The deal would add advanced monitoring tools for AI applications to Snowflake's growing portfolio, following recent acquisitions of Select Star and TruEra. With $1.94 billion in cash and strong Q3 results, Snowflake continues its push into AI-driven analytics and cloud data management.

Business2 sources

Snowflake eyes $1 billion Observe Inc deal to strengthen AI and monitoring capabilities

Business2 sources

Google cuts AI Pro subscription costs by half for new users in year-end push

Google announced a 50% discount on its annual AI Pro plan and Google One subscriptions for new users only. The limited-time offer brings premium AI features including Gemini 3 Pro, Nano Banana Pro, Deep Research, and 2TB of cloud storage at reduced prices. Existing subscribers cannot access the deal, which expires around year-end.

Business4 sources

Google cuts AI Pro subscription costs by half for new users in year-end push

Business4 sources

Trump's Tech Force AI hiring campaign attracts 25,000 applicants for 1,000 federal tech roles

The Trump administration's Tech Force initiative has drawn roughly 25,000 applicants competing for 1,000 positions focused on artificial intelligence expertise in federal agencies. The two-year program marks a shift from recent government downsizing, recruiting software and data engineers to work on technology projects across Homeland Security, Veterans Affairs, and Justice Department.

Policy3 sources

Trump's Tech Force AI hiring campaign attracts 25,000 applicants for 1,000 federal tech roles

Policy3 sources

ServiceNow acquires Armis for $7.75 billion to build AI-powered cybersecurity shield

ServiceNow announced its largest acquisition to date, buying cybersecurity startup Armis for $7.75 billion in cash. The deal aims to create an end-to-end security operations platform that protects connected devices across IT, operational technology, and AI systems. With security spending projected to hit $240 billion in 2026, ServiceNow is betting that trust and comprehensive security visibility will determine who wins the enterprise AI market.

Business5 sources

ServiceNow acquires Armis for $7.75 billion to build AI-powered cybersecurity shield

Business5 sources

Agentic AI transforms enterprise workflows as governance challenges emerge for 2026

2025 marked the breakthrough year for agentic AI, as systems capable of autonomous decision-making moved from research labs into enterprise operations. Major tech companies including Anthropic, Google, and OpenAI released protocols enabling AI agents to use tools and coordinate with each other. But as these systems handle multi-step workflows with minimal human oversight, questions around governance, accountability, and trust have intensified.

Technology4 sources

Agentic AI transforms enterprise workflows as governance challenges emerge for 2026

Technology4 sources

Salesforce AI gains 6,000 customers while quietly pulling back on large language models

Salesforce's Agentforce added 6,000 enterprise customers in one quarter, reaching 18,500 total users and $540 million in annual recurring revenue. Yet executives now admit confidence in AI has dropped, with the company scaling back its use of large language models after facing reliability issues and laying off 4,000 support staff.

Technology2 sources

Salesforce AI gains 6,000 customers while quietly pulling back on large language models

Technology2 sources

Bank of America CEO says AI economic impact is accelerating as US growth forecast rises to 2.4%

Bank of America CEO Brian Moynihan told Bloomberg Television that AI is having an increasingly strong marginal impact on the US economy. The bank forecasts 2.4% GDP growth for 2026, up from 2% in 2025, with AI investments playing a bigger role. Despite concerns about an AI bubble, Moynihan sees limited economic risk due to the sector's narrow composition.

Business3 sources

Bank of America CEO says AI economic impact is accelerating as US growth forecast rises to 2.4%

Business3 sources

Satya Nadella Steps Up as AI Product Overseer Amid Copilot Performance Issues

Microsoft CEO Satya Nadella has openly criticized Copilot's integration with email platforms, calling it 'mostly unusable' and 'not smart enough.' He's now holding weekly meetings with 100 top engineers and stepping back from other duties to focus entirely on fixing Microsoft AI products. The move comes as Google Gemini outperforms Copilot in key areas, raising concerns about whether AI revenue will justify massive investments.

Business4 sources

Satya Nadella Steps Up as AI Product Overseer Amid Copilot Performance Issues

Business4 sources

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