Starbucks is reportedly developing in-house AI software to replace the ones it currently relies on.
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IBM is advancing its AI strategy with Bob updates, giving investors fresh cues on its evolving growth journey.
Starbucks (SBUX) is building internal AI tools to replace Microsoft and IBM software, targeting $400 million in annual vendor spend and cutting $30 million from its tech budget.
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International Business Machines (NYSE:IBM) commercially launched Lightwell with Red Hat, an AI-driven platform for automated remediation of vulnerabilities in open source software dependencies. IBM also released a major update to its Bob agentic software development platform, adding AI-native modernization workflows for mainframe, IBM i, and Java environments. International Business Machines enters this news cycle with its stock at $287.56 and a 5.6% gain over the past 30 days. The...
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Ten months ago, in September 2025, Starbucks walked into 11,000 stores with NomadGo’s inventory Artificial Intelligence (AI) tool that promised 99% accuracy and counted up to eight times faster than a human. After 9 months, in May 2026, according to Reuters, an internal newsletter retired the ...
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Starbucks is rolling out new proprietary artificial intelligence platforms to replace key Microsoft and IBM inventory and maintenance systems. The company is tying this technology shift to a wider $2b cost reduction plan, including a targeted cut to its $400m annual software budget. The overhaul is aimed at gaining more control over operations and could influence how other global consumer brands approach enterprise technology. Starbucks, traded as NasdaqGS:SBUX, is layering this AI push on...
IBM and Red Hat commercially launched Lightwell on July 8, turning a $5 billion pledge into two products that enterprises can actually buy. Most corporate security promises stay abstract for months before a product ships. This one produced a live catalog, a pricing structure, and a named client ...
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Shares of coffeehouse chain Starbucks (NASDAQ:SBUX) jumped 3.1% in the afternoon session after reports revealed it is developing in-house artificial intelligence (AI) tools to cut costs and reduce its reliance on software from vendors like Microsoft and IBM.
Artificial intelligence may be the biggest technology race in the world, but SandboxAQ CEO Jack Hidary believes the United States is still investing with the wrong playbook. Speaking on CNBC on Thursday, July 9, Hidary argued that America should treat strategic technologies the way countries like Norway manage national wealth by making long-term investments in ... SandboxAQ CEO: “It’s Time That America Really Has a Sovereign Wealth Fund.” Why America Should Copy Norway’s $2 Trillion Fund
Starbucks is building its own artificial intelligence tools to replace software it currently buys from tech giants such as Microsoft and IBM as part of a sweeping $2-billion cost-reduction initiative.
Starbucks is building AI-assisted in-house tools that could replace Microsoft, IBM, and Oracle software.
The clearest sign that quantum computing has breached the cultural mainstream is that even professional basketball players are taking notice. After years of scientists rallying behind the technology, endorsements have started rolling in from outside the lab. Most recently, quantum found an unlikely advocate in Kyle Kuzma, NBA player for the Milwaukee Bucks, who visited IBM’s Thomas J. Watson Research Center last week to tour the facilities.
