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AI & Enterprise

JPMorgan says China\'s AI battleground is business value, not performance

Competition in China’s AI market is shifting from model performance to real business value, Hong Kong’s South China Morning Post reported, citing JPMorgan’s China equity research head Alex Yao. He said the market is rapidly consolidating around a small number of leading firms with global competitiveness. Yao said commercialisation will favour companies that can turn consumer features into stable enterprise infrastructure and deliver measurable value.

AI & Enterprise

Jim Cramer says these 5 non-tech stocks could rise if AI cools

CNBC host Jim Cramer warned that heavy positioning in technology stocks tied to the AI boom carries risks and urged investors to diversify. He said some signs of fatigue are emerging within tech even as AI and data centre names rebound. Cramer highlighted JPMorgan Chase, Johnson & Johnson, Kimberly-Clark, McDonald\'s, Yum Brands and Kraft Heinz as alternatives, citing relatively weak performance in finance, healthcare and staples. He also pointed to funding pressures from AI infrastructure spending and possible share issuance.

AI & Enterprise

Remote HR platform reaches $300 million ARR; payroll solution grows 300 percent

Global HR platform Remote said on May 27 its global payroll solution grew 300 percent last year from a year earlier and its annual recurring revenue reached $300 million. It also posted positive cash flow. Remote provides HR services for global hiring and workforce management, supporting employer of record, global payroll and contractor management across more than 100 countries through its own local entities. It is expanding access to its infrastructure for partners, customers, developers and AI agents.