Oct. 3 - CarMax drives cost savings with AI | New York Life taps new tech chief

CarMax leans on AI, tech investments to trim $150M in costs; Generative AI drives cloud spend blitz

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Oct. 3, 2025 | Today’s news and insights for tech leaders

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New York Life taps tech chief with modernization in mind

Deepa Soni joins the financial services firm as EVP and CIO after several years at The Hartford, the company announced Wednesday.

CarMax leans on AI, tech investments to trim $150M in costs

Executives expect the technology enhancements to lower licensing usage and improve call center efficiency, among other benefits.

Generative AI drives cloud spend blitz

Public cloud spend will increase fourfold over the next three years, largely driven by growing generative AI workloads, according to TD Cowen.

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