All articles tagged with #technology spending
Deloitte's CTO Bill Briggs highlights a concerning 93-7 split in AI spending favoring technology over people, emphasizing the need for a cultural shift and human-centric approach to AI adoption to avoid inefficiencies, loss of trust, and shadow AI issues, especially as physical AI and robotics become more prevalent.
SentinelOne, an Israeli-founded cybersecurity company, is reportedly exploring options that could include a sale after its shares lost 80% of their value in the last two years. The company has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms. However, initial expressions of interest did not meet SentinelOne's valuation expectations, and it is possible that the talks may end without a deal. SentinelOne had benefited from increased technology spending during the Covid-19 pandemic but saw a decline as companies slashed their IT budgets.