Aaron Holmes

New York

Tech Reporter at The Information

tech reporter @theinformation email: [email protected]

Articles

The Hidden Cost of Reporting

2 days ago | devopsonline.co.uk | Aaron Holmes

By Aaron Holmes, CEO of Kani PaymentsIn an industry built on data, financial businesses are under growing pressure to deliver accuracy, speed and transparency – especially when it comes to mandatory reporting. Yet reporting workflows remain outdated, creating friction and inefficiency where clarity and control should exist. A recent survey of 250 UK payments and banking professionals uncovered persistent challenges in how data reporting is managed across the industry.
CEOs Choose More AI, Fewer Jobs

1 week ago | theinformation.com | Aaron Holmes

Advances in artificial intelligence are prompting executives at companies such as PayPal, United Wholesale Mortgage, Shopify and others to move in a direction that has long been a taboo: using AI to fill roles people would have held previously. These firms have either instructed staff to avoid hiring for new roles unless they show the roles can’t be automated, or say they plan to hire fewer people after finding AI can essentially handle certain jobs.
Nvidia Says it Will Manufacture Some Chips, Supercomputers in US

1 week ago | theinformation.com | Aaron Holmes

Source: The InformationNvidia’s AI chips will be made in the US for the first time, the company announced on Monday as a result of deals struck by the chip designer with its manufacturing partners TSMC, Foxconn, Wistron, Amkor, and SPIL. Production will start at a TSMC factory in Arizona and a Wistron factory in Dallas within the next year and a half, Nvidia said. Nvidia expects the effort to generate $500 billion worth of AI infrastructure in the next five years.
Microsoft Weighs Layoffs of Managers, Non-Coders

2 weeks ago | theinformation.com | Aaron Holmes

Source: Business InsiderMicrosoft is weighing whether to lay off middle managers and nontechnical staff in the coming months, Business Insider reported on Wednesday. Microsoft’s cybersecurity unit, led by Charlie Bell, could be a target of layoffs, according to the report. The ruminations come as the broader tech world braces for the impact of President Donald Trump’s tariffs.
Dem. Senators Say Microsoft, Google AI Deals Could Violate Antitrust Laws

2 weeks ago | theinformation.com | Aaron Holmes

Source: The InformationDemocratic lawmakers are probing whether deals signed by Microsoft and Google to invest in AI startups including OpenAI and Anthropic have violated antitrust laws, according to letters sent to the CEOs of those firms on Tuesday. In the letters, Sen. Elizabeth Warren of Massachusetts and Sen.
Some Large Cloud Customers Slow Down AI Spending as Prices Drop

3 weeks ago | theinformation.com | Aaron Holmes

Cybersecurity firm Palo Alto Networks last year started adding artificial intelligence chatbots to its products to help customers get answers about their network security. The tools originally relied on state-of-the-art models from OpenAI and other firms. But Palo Alto Networks recently found that open-source models from DeepSeek, a Chinese developer, could handle the same tasks for just 5% of the cost of the OpenAI models, CEO Nikesh Arora said.
Why Google Wanted Wiz So Badly

1 month ago | theinformation.com | Aaron Holmes

If at first you don’t succeed, try offering more money. That’s the strategy Google employed to ink its $32 billion deal to acquire cloud cybersecurity startup Wiz, which the two companies announced today. The deal reemerged from the ashes this week after Wiz last summer rejected a $23 billion bid from Google, deciding that it preferred to remain independent and pursue an IPO. I’m told that Google never gave up hope of winning Wiz.
Google to Acquire Wiz for $32 Billion

1 month ago | theinformation.com | Aaron Holmes

Source: The Information Google will acquire the cybersecurity startup Wiz for $32 billion, the companies announced Tuesday. The deal comes less than a year after the companies discussed an acquisition for $23 billion, but those talks stalled last summer over concerns that regulators might block the transaction.
Google in Talks to Acquire Wiz for $33 Billion, Months After Prior Talks Stalled

1 month ago | theinformation.com | Aaron Holmes

Source: The InformationGoogle is in talks to acquire the cybersecurity startup Wiz for $33 billion, according to someone briefed on the talks. The talks come less than a year after the two companies had previously discussed an acquisition but at a price of $23 billion. Wiz ultimately rebuffed that offer given concerns that regulators could scuttle the deal. At the time, Wiz told staff it was focused on passing $1 billion in annual revenue and pursuing an eventual IPO.
FTC Continues Microsoft Antitrust Probe Under Trump

1 month ago | theinformation.com | Aaron Holmes

Source: The InformationThe Federal Trade Commission is continuing its broad antitrust probe into Microsoft that it opened last year, and has in recent weeks met with representatives of other companies to ask about Microsoft’s conduct, according to someone involved in the discussions. The move indicates that FTC commissioner Andrew Ferguson, a Trump appointee, is carrying on the agency’s line of scrutiny of Microsoft that was opened by Lina Khan, his Biden-era predecessor.