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Wednesday, March 4, 2026

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Artificial Intelligence (AI)

Snowflake Unveils Cortex Code, Its AI Coding Agent

Snowflake launches Cortex Code, an AI agent designed to automate data engineering and analytics, aiming to speed enterprise AI development with secure, context-aware tools.

Anthropic AI Tool Sparks $285 Billion Market Rout

Anthropic’s new AI assistant for legal teams triggered a global software sell-off, erasing $285B as investors fear automation will disrupt tech and services firms.

Big Tech Plans $650 Billion AI Spending Spree in 2026

Alphabet, Amazon, Meta, and Microsoft forecast record $650B in 2026 AI infrastructure spending, sparking growth, market jitters, and economic uncertainty.

Swedish AI Startup Berget AI Raises €2.1 Million

Berget AI secures €2.1M to build sovereign, open-model AI infrastructure in Sweden, targeting European demand for data control amid new EU regulations.

The AI Economy Speaks: Takeaways from Cisco’s AI Summit

Tech giants from Nvidia, OpenAI, Microsoft, and Intel shared bold Cisco AI Summit takeaways on AI's transformation of software, infrastructure, security, and society. Key insights inside. Credit: Cisco

Transit Technologies Appoints Chief AI and Data Officer

Transit Technologies names Srithal Bellary as Chief Technology, Data & AI Officer to lead platform modernization and develop an AI-powered operating suite for transit systems.

Tencent Cloud Makes AI Bot Controls Free for All

Tencent Cloud EdgeOne launches free AI Crawler Control and CAPTCHA tools to help developers block AI scraping, cut bandwidth costs, and protect digital content.

FLX Networks Appoints Kevin Barresi as CTO

FLX Networks names Kevin Barresi Chief Technology Officer to lead platform scalability, data infrastructure, and AI innovation for its asset and wealth management network.

Axle, Experian Add Real-Time Insurance Fraud Checks

Axle partners with Experian to integrate real-time auto insurance verification into Fraud Protect, helping dealers detect identity fraud and reduce risk at the point of sale.

Part 3: 2026 Tech Boom? Bubbles, Bills, and Cyber Siege Await.

Tech executives warn: AI agents rise in 2026, but bubbles burst, cyber threats surge, and costs soar. Hype vs. reality in our series on innovation's next act.

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