Cloud costs are rising faster than most finance teams can explain. Traditional FinOps focuses on dashboards and savings targets, but it often misses the bigger question: why is the money being spent in the first place? Intent-aware FinOps reframes cost control around business value. It pushes CFOs to examine architectural promises – speed, resilience, security…

Walmart has announced that chief executive Doug McMillon is retiring and will be replaced by John Furner, the head of the group’s U.S. division, on February 1st. Mr. McMillon will continue to serve as a director on the board until the June 2026 annual meeting and would continue to be employed as an associate of…

Anthropic has announced a $50bn partnership with Fluidstack to build data centers in Texas and New York, set to launch in 2026. Chief executive Dario Amodei stated: “Realizing that potential requires infrastructure that can support continued development at the frontier.” The investment aligns with Anthropic’s revenue projections of $70bn by 2028. Fluidstack, a rising neocloud…

Qcells, the U.S. solar manufacturing division of Hanwha, has announced the furlough of 1,000 workers at its Georgia factories due to ongoing delays in shipments caused by U.S. customs checks. The company’s components, primarily sourced from Malaysia and South Korea, have faced routine detention under a 2021 law aimed at preventing imports linked to forced…

PwC is laying off around 150 employees across marketing, HR, operations and other support roles in the U.S., as part of a broader reorganisation aimed at boosting efficiency through AI and data. The cuts represent 1.5% of its 10,000-strong U.S. business services workforce, with more layoffs expected as process reviews continue. This follows previous rounds…

Tesla chief executive Elon Musk has scored a decisive victory in a shareholder vote over his $1tn pay package, winning his second record stock award in as many years and putting the billionaire’s control of the electric-vehicle maker beyond doubt. The 12-step package requires Mr. Musk to expand Tesla’s stock market valuation to $8.5tn from…