Technology

• Companies in the US are spending 93% of their AI budgets on technology and only 7% on preparing their workforce, leading to implementation bottlenecks. • Among executives surveyed, 78% report greater benefits from AI in revenue growth than cost-cutting, with experts predicting revenue gains will dwarf efficiency improvements. • Firms treating workforce as an afterthought risk failure despite advanced AI tools, as highlighted by insights from Deloitte, Wharton, and Harvard experts.

• The United States is broadening national security restrictions beyond telecommunications infrastructure to encompass consumer technology products such as routers and drones. • This expansion reflects growing concerns about foreign influence and vulnerabilities in consumer-grade technology that could pose risks to national security infrastructure. • The move represents an escalation in regulatory oversight of the tech sector as the government seeks to protect critical systems and supply chains from potential threats.

• Taiwan-based DRAM chipmaker Nanya Technology secured NT$78.72 billion (US$2.47 billion) through private share placements from SK Hynix subsidiary Solidigm, Japan's Kioxia, and U.S. companies Cisco Systems and SanDisk Technologies. • Following the investment, SK Hynix will hold a 2 percent stake, Kioxia 2 percent, SanDisk 4 percent, and Cisco 2 percent in Nanya Technology, positioning the company strategically amid the AI boom. • The capital will be directed toward investing in advanced memory manufacturing facilities and production equipment, strengthening Nanya's competitive position in the high-demand semiconductor market.

• President Donald J. Trump appointed the first members to the President's Council of Advisors on Science and Technology (PCAST) on March 25, 2026. • Co-chaired by David Sacks and Michael Kratsios, the council includes Marc Andreessen, Sergey Brin, Safra Catz, Michael Dell, Jacob DeWitte, Fred Ehrsam, Larry Ellison, David Friedberg, Jensen Huang, John Martinis, Bob Mumgaard, Lisa Su, and Mark Zuckerberg. • Established by Executive Order, PCAST will advise on emerging technologies' impact on the American workforce and strengthening U.S. leadership in innovation.

• Seagate Technology (STX.US) will go ex-dividend on March 25, 2026, with shareholders of record receiving a cash dividend of $0.74 per share payable on April 8, 2026. • The ex-dividend date marks the deadline for investors to hold shares to qualify for the upcoming dividend distribution, a common corporate action in the technology hardware sector. • Cash dividends provide shareholders periodic income distributions, though they may trigger tax consequences and can cause temporary share price adjustments equivalent to the dividend amount.

• Forrester Research forecasts global technology spending will grow 7.8% in 2026 to $5.6 trillion, up from $5.2 trillion in 2025, driven primarily by continued AI investment across defense, financial services, healthcare, industry, and retail sectors. • Computer equipment will see the highest growth at 16.8% due to rising AI server demand, with AI-specialized computers expected to capture more than 80% of computer equipment spending by 2030, up from 43% in 2024. • Financial services and healthcare sectors will see robust technology spending in 2026, driven by investments in cybersecurity, cloud infrastructure, AI, data storage, and AI literacy training despite broader economic volatility.

Glasses use verbal cues and floating text to assist wearers and are expected to be available in early 2027AI software that can be embedded into smart glasses has won a £1m prize for technology to help people with dementia.Built into chunky, black-rimmed frames that have a camera, microphone and speakers, the tech – known as CrossSense – guides wearers through everyday life by means of a chatty assistant called Wispy. Continue reading...