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AI & Enterprise

Gartner warns AI overconfidence to cause most 2026 mainframe migration projects to fall short

More than 70 percent of mainframe migration projects launched this year will fail to deliver targeted results because organisations overestimate the capabilities of generative AI tools, Gartner warned on June 18. It also forecasts that 75 percent of vendors active in the mainframe migration market will change their business models or cease operations by 2030 as expectations are tempered and demand for uniform migration solutions declines.

AI & Enterprise

AWS upgrades DevOps agent with AI automated code testing and review features

Amazon Web Services said on June 18 it added release management features to its DevOps agent. The move reflects a situation in which review, testing and deployment have emerged as new bottlenecks as AI-assisted coding spreads. The release management capabilities, currently offered as a preview, include a release readiness feature that automatically checks code changes against internal standards and runs them in an AWS-managed isolated environment.

Crypto

Bitcoin slips below $64,000 as dollar, ETF outflows raise focus on $62,000 support

Bitcoin fell below $64,000 and slid to around $62,000 intraday after the U.S. Federal Reserve signalled a more hawkish policy path. Risk assets weakened while the dollar index rose to its highest in more than a year, adding pressure on bitcoin. Options positioning ahead of June 26 expiry also weighed. Investors are watching whether $62,000 holds, while U.S.-listed spot bitcoin ETFs have recently posted net outflows.