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DoD tests AI models that make it easy to switch from vendors like Palantir

DoD tests AI models that make it easy to switch from vendors like Palantir

Investing.com -- The Department of Defense and other federal agencies have been testing AI models from Microsoft (NASDAQ:MSFT) and OpenAI specifically aimed at extracting data from analytics applications run by contractors like Palantir (NASDAQ:PLTR) and Lockheed Martin (NYSE:LMT), the Information reported on Monday. Major tech companies including Amazon (NASDAQ:AMZN), Microsoft, and Salesforce ...

2025-07-29 03:14:10
EssilorLuxottica revenue rises 7.3% in H1, says AI glasses ’speeding up’

EssilorLuxottica revenue rises 7.3% in H1, says AI glasses ’speeding up’

Investing.com -- EssilorLuxottica posted a 7.3% year-on-year increase in revenue for the first half of 2025 at constant exchange rates, driven by strong growth in its Direct to Consumer segment and surging sales of its AI-enabled smart glasses. Group revenue reached €14.02 billion in H1, with adjusted operating profit steady at 18.3% of sales despite pressure from new U.S. import duties. Op ...

2025-07-29 03:10:47
Carlyle picks three veterans for newly minted role of co-president

Carlyle picks three veterans for newly minted role of co-president

By Arasu Kannagi Basil (Reuters) -Investment firm Carlyle announced on Monday it has rejigged its senior leadership ranks and named three of its veterans for its newly created role of co-president. Chief Financial Officer John Redett, credit head Mark Jenkins and client business head Jeff Nedelman will become Carlyle’s co-presidents, effective January 1, 2026. "These individuals, all Carlyle ve ...

2025-07-29 03:08:17
Wise shareholders approve plan to shift primary listing to U.S.

Wise shareholders approve plan to shift primary listing to U.S.

Investing.com -- Shareholders of British fintech Wise (LON:WISEa) Plc on Monday approved plans to shift the company’s primary stock market listing to the United States. The decision was made during an extraordinary general meeting where shareholders voted in favor of the proposed change in primary listing location. This article was generated with the support of AI and reviewed by an editor. Fo ...

2025-07-29 03:05:41