Daily Summary

AI Drives Pharma Gains & $30B ServiceNow Revenue Surge

From streamlining drug manufacturing to powering a projected $30 billion revenue jump for ServiceNow, AI is delivering massive, tangible business value across major industries. Companies are moving beyond hype to realize concrete efficiency and growth through AI integration.

• How AI is transforming the pharma industry, with most gains so far from back-office streamlining and faster manufacturing rather than breakthrough drug research
• ServiceNow Sees $30 Billion Revenue by 2030 on AI Uplift
• Alvarez & Marsal Wants to Make $3.5 Billion From AI Work by 2028

Lattice Buys AMI for $1.65B to Fuel AI Cloud Infrastructure

Lattice Semiconductor is acquiring AMI for $1.65 billion to strengthen its cloud and AI infrastructure capabilities, signaling a major push to build the essential hardware backbone for the next generation of AI applications.

• Lattice Semiconductor agrees to acquire AMI for $1.65B in cash and stock; Georgia-based AMI provides firmware and infrastructure manageability for cloud and AI
• Micron CEO warns 'AI is in very early innings' and it will 'need more memory' — another ominous sign the RAM crisis isn't going anywhere

K-Pop Giant Pivots to AI, Igniting New Tech Investment Wave

A major K-Pop firm is abandoning its Bitcoin strategy to pivot fully toward AI, demonstrating how diverse sectors are rapidly reallocating capital to capture the transformative potential of artificial intelligence.

• K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot