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Corporate America
Trends
- 1Corporate America shifts toward cheaper open AI models▼Corporate America embraces cheaper ‘open’ AI models
The Financial Times reports that large US companies are increasingly adopting cheaper 'open' AI models instead of costly proprietary systems. The shift reflects growing pressure to cut technology spending while still deploying generative AI across business operations. Open-weight models from providers like Meta and Mistral are gaining ground as firms weigh cost savings against performance and security concerns.
- 2Labcorp Settles Multistate Lawsuit Over Medical Data Breach▼Attorney General Raoul Announces Multistate Settlement With Labcorp Over American Medical Collection Agency Data Breach
Illinois Attorney General Kwame Raoul has announced a multistate settlement with Laboratory Corporation of America (Labcorp) over the data breach at American Medical Collection Agency, the billing firm that exposed millions of patients' personal and financial information. The settlement resolves claims that Labcorp failed to safeguard sensitive patient data from an intrusion that affected numerous laboratory customers across the country.