Adobe and the BWT Alpine Formula One Team have signed a global partnership that makes Adobe the team's official AI fan experience partner. Starting with the 2027 season, Adobe will supply software to create fan content and analyze engagement; no financial terms were disclosed.
Amsterdam-based AI cloud company Nebius has signed a $3.5 billion secured loan facility with Citi to build more data centres and buy GPUs. The 364-day facility carries interest at the Term SOFR rate plus a margin of 2.75% that can rise to 3.50%.
French insurer Maif is speeding up the modernization of its information systems along a path it wants to keep sovereign for AI, cloud and customer relations. Mistral AI, Scaleway and Diabolocom are joining its application portfolio.
Web Summit's first State of the Industry report finds that 59% of tech workers say AI has added to their workload. Only 20% say it has gone down, and another 20% see little change.
Tech companies pitch AI shopping agents as personal assistants once reserved for the wealthy. The Verge finds that, in practice, using one to buy things feels more like sending a nervous teenager to the store, while some retailers remain cautious.
IBM's chief questions why anyone should pay top price for AI when nearly as capable models can run on their own machines. For IBM, the rise of open-weight models could reshape the market for businesses and consumers alike.