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AI & Enterprise

Jensen Huang\'s \'AI will swallow software\' remarks draw renewed attention

Remarks made 9 years ago by Nvidia CEO Jensen Huang are drawing renewed attention as the AI industry reshapes. Huang previously said software was eating the world, but AI would eat software. Analysts say the emergence of new AI models is putting pressure on the SaaS industry, a trend some call \"SaaSmageddon\". Agentic AI is also seen as increasing uncertainty, though a full collapse of software is not being asserted.

AI & Enterprise

AI boom may be built on fake revenue, warning signs flash for big tech \'AI bubble\'

An analysis says big tech companies\' AI investment and cloud revenue structures are reinforcing concerns about an AI bubble, as money invested in AI startups cycles back as cloud spending. Critics cite a “round-trip” funding model that boosts reported growth without new external cash. Examples include Microsoft and OpenAI, and Amazon and Anthropic. The report also points to profit impacts from stake revaluations and weak cash flow amid heavy data centre spending.

AI & Enterprise

Fasoo AI updates FDR solution for N2SF classification

Fasoo AI said on May 20 it released an updated version of its data identification and classification solution, Fasoo Data Radar (FDR), to support public agencies’ transition to the national network security framework, N2SF. The update adds optical character recognition to extract text from images and check for sensitive information, including in scans and captures. It also keeps C, S and O labels on screen during document work and adds AI-based contextual masking through integration with AI-R Privacy.