May 15, 2026

software

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Microsoft VP Rajesh Jha on how even if companies layoff half their workforce due to AI, it will only increase business of software companies, not ‘kill’

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While investors fret over a potential software rout due to ‘explosion’ of AI technology, one of Microsoft’s top executive has pushed back against fears of an enterprise software decline. According to Rajesh Jha, executive vice president of Microsoft’s Experiences + Devices Group, AI agents will still require software licenses, which addresses concerns that AI-driven job…

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JPMorgan tells its 65,000 software engineers: You risk falling behind, unless…

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JPMorgan Chase is mandating AI adoption for its 65,000 software engineers, demanding measurable improvements in code quality and productivity. Internal tracking monitors tool usage, with lagging employees risking underperformance reviews. This push aligns with a broader industry trend, as tech giants integrate AI into performance evaluations and promotion criteria. JPMorgan Chase is raising the bar…

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What Anduril Industries and Palantir joining the group making software to run President Trump’s planned Golden Dome anti-missile shield means for the project

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Silicon Valley’s biggest defence tech companies are reportedly joining US President Donald Trump’s Golden Dome anti-missile shield project. A report citing people familiar with the matter said that Anduril Industries and Palantir Technologies are part of the group developing software for the Golden Dome project. According to a report by The Wall Street Journal, this…

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OpenAI CEO Sam Altman sends a ‘thanks note’ to software engineers with the message that ‘we plan to take your job’

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OpenAI CEO Sam Altman has shared a message on social media thanking software engineers who built complex systems before the rise of artificial intelligence (AI), while also highlighting how AI is changing the way coding is done. “I have so much gratitude to people who wrote extremely complex software character-by-character. It already feels difficult to…

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Atlassian layoffs: Sydney-based software company announces to cut 1,600 jobs, CEO says ‘We are doing this to …’

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Australian software company Atlassian has announced to cut 10% of its workforce or 1,600 jobs. Among those leaving the company is the Chief technology officer Rajeev Rajan. The job cuts come as the company restructures following a decline in its stock price driven by AI developments. According to a report by news agency Reuters, CEO…

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Oracle co-CEO Mike Sicilia: AI coding tools hurting software companies does not apply to Oracle, yes they may disrupt …

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Oracle proved most analysts wrong as the company posted strong quarterly results. The company’s Q3 FY2026 results surpassed both earnings and revenue expectations. The results help to allay investor concerns that Oracle’s costly multi-billion dollar push into AI computing may not generate profits quickly enough. During the earnings conference call, Oracle management spoke about the…

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Morgan Stanley analyst says: AI will not kill software companies, it will …

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AI will not destroy the software companies, but it will change how the industry works, David Chen, a senior executive at Morgan Stanley said. Speaking during discussions around the bank’s annual technology conference (via CNBC), David Chen said AI is likely to reorganise the software sector rather than eliminate it. “AI doesn’t kill software. It’s…

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CEO of multi-billion software company Workday tells analysts: AI Agents are not replacing us, they are still very …

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Workday CEO Aneel Bhusri sought to claim investor concerns about the rise of AI-powered ‘agentic’ apps, telling analysts that Human Resources software providers like Workday remain essential. “No amount of vibe coding will replace the need for HR software providers like Workday,” Bhusri said on the company’s Q4 earnings call, pushing back against fears that…

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Why employees of Europe’s biggest software giant are ‘very angry’ with company’s new bonus system

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SAP employees have reportedly raised concerns over a newly introduced bonus system in the company. A Bloomberg report, citing people familiar with the matter, said employees at the German software company have raised concerns about the new bonus payout system that favours underperforming managers while placing stricter performance expectations on lower-ranking staff.The compensation package has…

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Nvidia CEO Jensen Huang to everyone saying software is dead: AI Agents will not replace software tools, but will …

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Nvidia CEO Jensen Huang (File photo) Pushing back on fears of AI cannibalizing the software industry, Nvidia CEO Jensen Huang said that the markets miscalculated the threat and that the markets “got it wrong”. Speaking in an interview with CNBC’s Becky Quick, Jensen Huang said investors have “got it wrong” by assuming AI agents will…

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