Businesses
Here's a look at documents from U.S. and international businesses
Featured Stories
Smithfield Foods Awards 12 Impact Grants Nationwide
SMITHFIELD, Virginia, May 21 -- Smithfield Foods, an American food company, issued the following news release:
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Smithfield Foods Awards 12 Impact Grants Nationwide
Local nonprofits receive funding to advance key focus areas as applications open for additional grants
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Smithfield Foods has awarded more than $280,000 in Impact Grant funding to 12 nonprofit organizations working to strengthen communities where Smithfield employees live and work. These grants build on the more than $24 million Smithfield invested in 2025 to strengthen communities nationwide, including donating more than
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SMITHFIELD, Virginia, May 21 -- Smithfield Foods, an American food company, issued the following news release:
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Smithfield Foods Awards 12 Impact Grants Nationwide
Local nonprofits receive funding to advance key focus areas as applications open for additional grants
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Smithfield Foods has awarded more than $280,000 in Impact Grant funding to 12 nonprofit organizations working to strengthen communities where Smithfield employees live and work. These grants build on the more than $24 million Smithfield invested in 2025 to strengthen communities nationwide, including donating more than16 million servings of protein to neighbors experiencing food insecurity.
"Through our Impact Grant Program, we are proud to partner with local organizations that are addressing real needs and creating lasting positive change," said Jim Monroe, vice president of corporate affairs for Smithfield Foods. "These grants reflect our continued commitment to investing in programs that build stronger, healthier and more vibrant communities."
The following organizations have been selected to receive 2026 Impact Grants:
* Boys & Girls Clubs of Southeastern North Carolina - Duplin County, North Carolina: Support will expand science, technology, engineering, arts and agriculture education programming, helping students in Duplin County better understand the industry's role in North Carolina's economy.
* Carrollton Elementary - Carrollton, Virginia: A new outdoor classroom will provide a dedicated space for hands-on learning and student engagement.
* City of Newtown - Newtown, Missouri: Plans include demolishing a vacant building and constructing a new community park to create a safe, welcoming gathering space.
* Crawford County Hunger Fighters - Denison, Iowa: Funding will strengthen bulk food distribution efforts and a backpack program that provides meals to students on weekends.
* DeGood Foundation - Isle of Wight County, Virginia: Sustain Dolly Parton's Imagination Library of Isle of Wight County, delivering free monthly books to children ages 0-5 to promote early literacy.
* Luter Family YMCA - Smithfield, Virginia: Through the Bright Beginnings program, local children will receive back-to-school clothing and essential items.
* Make-A-Wish Greater Virginia - Hampton Roads, Virginia: A life-changing wish will be granted for a child in the region, creating a meaningful experience for the child and their family.
* Ripe for Revival - Sampson County, North Carolina: Operational support will help maintain a mobile market that delivers accessible, affordable groceries to underserved communities.
* Siouxland Soup Kitchen - Sioux City, Iowa: New commercial kitchen equipment will allow the organization to continue preparing and serving meals to those facing food insecurity.
* Social Innovation Laboratory - Wichita, Kansas: The "That Pop-Up Restaurant" program will expand access to free meals for children and subsidized meals for adults across multiple locations.
* Turkey Volunteer Fire Department - Turkey, North Carolina: A new fire engine will strengthen emergency response capabilities for the department and surrounding communities.
* Virginia Peninsula Foodbank - Hampton, Virginia: Renovations to the agency shopping floor will improve how partner organizations access and distribute food to neighbors in need.
Impact Grant funds support programs aligned with Smithfield's four philanthropic focus areas: hunger relief, education, hometown heroes and community vitality. These investments enable nonprofit partners to expand services, strengthen infrastructure and deliver meaningful, measurable impact in the communities they serve.
Applications for additional Impact Grants are now open. Eligible nonprofit organizations serving communities where Smithfield operates are encouraged to apply through a competitive process. Grants of $10,000 or more will be awarded based on demonstrated need, potential impact and alignment with the company's philanthropic priorities. Apply online at smithfieldfoods.com/impactgrant by June 30.
To learn more about Smithfield's initiatives to strengthen local communities, visit smithfieldfoods.com/good-is-what-we-do.
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About Smithfield Foods
Smithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.
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Original text here: https://www.smithfieldfoods.com/press-room/smithfield-foods-awards-12-impact-grants-nationwide
[Category: Food/Beverages]
Matt Derella Expands Leadership Across LinkedIn Ads and Microsoft Advertising
SUNNYVALE, California, May 21 -- LinkedIn, a professional networking tool, issued the following news:
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Matt Derella Expands Leadership Across LinkedIn Ads and Microsoft Advertising
LinkedIn Ads is building strong momentum with rapid growth across video and event ads for B2B brands, while Microsoft Advertising continues to deliver strength and performance at scale.
Starting today, Matt Derella, who joined LinkedIn in December 2024 to lead global sales for the advertising business, is taking on an expanded role, leading LinkedIn Ads and go-to-market for Microsoft Advertising.
Both businesses
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SUNNYVALE, California, May 21 -- LinkedIn, a professional networking tool, issued the following news:
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Matt Derella Expands Leadership Across LinkedIn Ads and Microsoft Advertising
LinkedIn Ads is building strong momentum with rapid growth across video and event ads for B2B brands, while Microsoft Advertising continues to deliver strength and performance at scale.
Starting today, Matt Derella, who joined LinkedIn in December 2024 to lead global sales for the advertising business, is taking on an expanded role, leading LinkedIn Ads and go-to-market for Microsoft Advertising.
Both businesseswill continue to operate as distinct organizations focused on helping customers grow by connecting them with the more than one billion LinkedIn members and Microsoft users of Copilot, Bing, Xbox, Outlook, Edge, Windows, and MSN.
LinkedIn Ads is growing approximately 14% year-over-year, driven by strong adoption of video and events ads - up more than 20% and 50% year-over-year, respectively. And Microsoft Advertising is delivering sustained, strong performance with search and news advertising up 12% (9% constant currency).
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Original text here: https://news.linkedin.com/2026/matt-derella-expands-leadership-across-linkedin-ads-and-microsof
[Category: BizMedia]
Gartner Says the Market for Enterprise AI Coding Agents Is Entering a New Phase of Expansion and Competitive Realignment
STAMFORD, Connecticut, May 21 -- Gartner, an information technology research and advisory company, issued the following news release on May 20, 2026:
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Gartner Says the Market for Enterprise AI Coding Agents Is Entering a New Phase of Expansion and Competitive Realignment
By 2027, Over 65% of Engineering Teams Using Agentic Coding will Treat Integrated Development Environments (IDEs) as Optional, Shifting Control, Governance and Validation to Automated Platforms
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The market for enterprise AI coding agents has entered a new phase of expansion and competitive realignment, according to Gartner,
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STAMFORD, Connecticut, May 21 -- Gartner, an information technology research and advisory company, issued the following news release on May 20, 2026:
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Gartner Says the Market for Enterprise AI Coding Agents Is Entering a New Phase of Expansion and Competitive Realignment
By 2027, Over 65% of Engineering Teams Using Agentic Coding will Treat Integrated Development Environments (IDEs) as Optional, Shifting Control, Governance and Validation to Automated Platforms
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The market for enterprise AI coding agents has entered a new phase of expansion and competitive realignment, according to Gartner,Inc., a business and technology insights company.
This shift is driven by frontier model providers moving up the stack, more agentic workflows, expansion across the software development life cycle (SDLC), and more complex pricing and ROI dynamics.
Enterprise AI coding agents mark a transformative shift from AI-assisted development to agentic software development, spanning the SDLC from planning to creating to reviewing code. Gartner predicts that by 2027, over 65% of engineering teams using agentic coding will treat integrated development environments (IDEs) as optional, shifting control, governance, and validation to automated platforms.
"What began as a race to deliver the most 'magical' developer experience is now evolving into a contest of operational excellence, commercial maturity, and enterprise readiness," said Philip Walsh, Sr Director Analyst at Gartner. "Leading AI model providers are offering not just APIs and models, but integrated agentic workflows that promise to transform the entire SDLC.
"Developer experience and model capabilities are important, but they are not the only criteria when evaluating which vendors are best positioned to help enterprises operationalize AI coding agents at scale. For enterprise-wide adoption, governance, pricing, support, workflows, commercial maturity and market durability also matter, especially for medium- to long-term commitments."
Gartner analysts said that when choosing a tool, product excellence and momentum matter, but do not eliminate the importance of enterprise sales maturity, customer support, governance, commercial clarity and the ability to serve buyers with more complex deployment, regulatory or procurement needs.
"These factors may be less visible in public debate, but they matter in enterprise market evaluation," said Walsh.
Additional Insights Available
Gartner clients can read more in the report Leading in Enterprise AI Coding Agents Requires More than Product Momentum (https://www.gartner.com/document-reader/document/7871877), and Magic Quadrant for Enterprise AI Coding Agents (https://www.gartner.com/interactive/mq/7879277). Nonclients can visit Understanding the Enterprise AI Coding Agent Market (https://www.gartner.com/en/articles/enterprise-ai-coding-agent-market) for more information.
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Gartner is the World Authority on AI
Gartner is the indispensable partner to C-Level executives and technology providers as they implement AI strategies to achieve their mission-critical priorities. The independence and objectivity of Gartner insights provide clients with the confidence to make informed decisions and unlock the full potential of AI. Clients across the C-Level are using Gartner's proprietary AskGartner AI tool to determine how to leverage AI in their business. With more than 2,500 business and technology experts, 6,000 written insights, as well as more than 4,000 AI use cases and case studies, Gartner is the world authority on AI. More information can be found here.
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Gartner Application Innovation & Business Solutions Summit
Enterprise AI coding and software engineering strategies will be discussed at the Gartner Application Innovation & Business Solutions Summits taking place June 2-4 in Las Vegas, June 17-18 in Tokyo, and September 14-15 in London. Follow news and updates from the conferences on X and LinkedIn using #GartnerAPPS.
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About Gartner for Software Engineering Leaders
Gartner for Software Engineering Leaders helps leaders align with stakeholders, retain and optimize teams and build innovative products that support and serve the entire organization, its partners and clients. Additional information is available at https://www.gartner.com/en/software-engineering.
Follow news and updates from Gartner for Software Engineering Leaders on X and LinkedIn. Visit the Gartner Newsroom for more information and insights.
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Original text here: https://www.gartner.com/en/newsroom/press-releases/2026-05-20-gartner-says-the-market-for-enterprise-ai-coding-agents-is-entering-a-new-phase-of-expansion-and-competitive-realignment
[Category: BizConsulting]
Duane Morris Partners Agatha Liu and Jeremy Elman Named Top Intellectual Property Lawyers by the Daily Journal
PHILADELPHIA, Pennsylvania, May 21 -- Duane Morris, a law firm, issued the following news release:
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Duane Morris Partners Agatha Liu and Jeremy Elman Named Top Intellectual Property Lawyers by the Daily Journal
LOS ANGELES --Duane Morris LLP partners Agatha Liu and Jeremy Elman have been named in the Daily Journal's 2026 Top Intellectual Property Lawyers list. This list recognizes California's leading attorneys in patent, trademark and copyright law, focusing on high-stakes litigation, AI and technology.
Jeremy T. Elman focuses his practice on intellectual property and technology-related
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PHILADELPHIA, Pennsylvania, May 21 -- Duane Morris, a law firm, issued the following news release:
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Duane Morris Partners Agatha Liu and Jeremy Elman Named Top Intellectual Property Lawyers by the Daily Journal
LOS ANGELES --Duane Morris LLP partners Agatha Liu and Jeremy Elman have been named in the Daily Journal's 2026 Top Intellectual Property Lawyers list. This list recognizes California's leading attorneys in patent, trademark and copyright law, focusing on high-stakes litigation, AI and technology.
Jeremy T. Elman focuses his practice on intellectual property and technology-relatedcommercial disputes. Jeremy has tried cases around the country and has presented oral arguments at the Ninth Circuit and the Federal Circuit. Clients regularly seek Elman's knowledge in trade secret, patent and digital piracy cases, as well as his ability to manage teams of attorneys in complex commercial litigation and to lead client service teams in IP-related policy creation, compliance and investigations.
Elman has been regularly quoted in Bloomberg Law, Law360 and The Verge, among others, and speaks regularly on patent and trade secret developments. Elman was also recognized in the Daily Journal's 2025 Top Intellectual Property Lawyers list.
Agatha H. Liu, Ph.D., is an intellectual property and technology attorney whose practice is anchored in artificial intelligence, advanced computing, and the legal frameworks that govern them. With more than two decades of experience in computer science and engineering--including doctoral research in AI--she advises clients on AI governance, legal compliance, and the protection and commercialization of AI driven technologies.
Her work brings together IP strategy and regulatory analysis, helping organizations develop and deploy AI systems responsibly and in alignment with evolving global standards.
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About Duane Morris
Duane Morris LLP provides innovative solutions to today's multifaceted legal and business challenges through the collegial and collaborative culture of its more than 900 attorneys in offices across the United States and internationally. The firm represents a broad array of clients, spanning all major practices and industries. Duane Morris has been recognized by BTI Consulting as both a client service leader and a highly recommended law firm.
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Original text here: https://www.duanemorris.com/pressreleases/partners_agatha_liu_jeremy_elman_top_intellectual_property_lawyers_daily_journal_0526.html
[Category: BizLaw/Legal]
CrowdStrike and SVA Partner to Power Next Phase of Cybersecurity Growth in Germany
AUSTIN, Texas, May 21 -- CrowdStrike Inc., a cybersecurity platform for protecting areas of enterprise risk - endpoints and cloud workloads, identity and data, issued the following news on May 20, 2026:
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CrowdStrike and SVA Partner to Power Next Phase of Cybersecurity Growth in Germany
AUSTIN, Texas, and WIESBADEN, Germany - CrowdStrike (NASDAQ: CRWD) and SVA System Vertrieb Alexander GmbH, one of Germany's leading system integrators and IT service providers, today announced a strategic partnership to bring the AI-native CrowdStrike Falcon(R) platform to public sector, enterprise, and mid-market
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AUSTIN, Texas, May 21 -- CrowdStrike Inc., a cybersecurity platform for protecting areas of enterprise risk - endpoints and cloud workloads, identity and data, issued the following news on May 20, 2026:
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CrowdStrike and SVA Partner to Power Next Phase of Cybersecurity Growth in Germany
AUSTIN, Texas, and WIESBADEN, Germany - CrowdStrike (NASDAQ: CRWD) and SVA System Vertrieb Alexander GmbH, one of Germany's leading system integrators and IT service providers, today announced a strategic partnership to bring the AI-native CrowdStrike Falcon(R) platform to public sector, enterprise, and mid-marketorganizations across Germany. With this agreement, SVA is standardizing on CrowdStrike to help customers consolidate cybersecurity at scale and advance the company's next phase of cybersecurity growth.
As German organizations accelerate cloud and AI transformation, adversaries are exploiting the complexity of modern environments and weaponizing AI to infiltrate and move laterally across systems faster than disjointed security stacks can detect and respond. By unifying best-in-class endpoint, identity, cloud, next-gen SIEM, and data protection with AI-driven automation, Falcon is the operating system of security for the AI era.
Through this partnership, SVA will offer the full CrowdStrike Falcon platform as a foundational component of its cybersecurity strategy. By standardizing on CrowdStrike, SVA will help customers eliminate tool sprawl, reduce complexity and cost, all while stopping breaches.
"Today's threat landscape demands performance and cost savings that stitched-together, point product security stacks can't provide. When a leading systems integrator like SVA standardizes on CrowdStrike, it underscores the competitive advantage that Falcon delivers," said Jens Palmer, senior director, channel & alliances, Central-Eastern Europe at CrowdStrike. "We're excited to partner with SVA to transform cybersecurity across the German market and stop breaches with the most advanced AI-native platform."
"Customers want measurable security outcomes without added operational burden," said Mark Sobol, head of the cyber security business unit at SVA. "Seeing CrowdStrike's proven success, we view the Falcon platform as strengthening our ability to deliver scalable cybersecurity solutions that align with evolving cloud and AI requirements. With CrowdStrike, we're providing organizations with a unified approach to stopping breaches that reduces complexity while supporting long-term resilience and digital innovation with cybersecurity's undisputed leader."
SVA serves public sector, enterprise, and mid-market customers nationwide and will support architecture design, deployment, and managed services with the Falcon platform. The companies will also pursue joint growth initiatives, including AWS Marketplace, STACKIT, and Google Cloud Marketplace to streamline procurement and accelerate Falcon platform adoption across Germany.
For more information, visit www.sva.de
About CrowdStrike
CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk - endpoints and cloud workloads, identity and data.
Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon(R) platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.
CrowdStrike: We stop breaches.
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About SVA
SVA is one of Germany's leading IT service providers and employs more than 3,800 people at 29 locations. SVA's entrepreneurial goal is to combine high-quality IT products from leading manufacturers with SVA's project know-how, service spectrum and flexibility in order to develop optimal solutions for customers. In addition, SVA offers a range of its proprietary software products that significantly increase the options for solution design.
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Original text here: https://www.crowdstrike.com/en-us/press-releases/crowdstrike-sva-partner-to-power-next-phase-of-cybersecurity-growth-in-germany/
[Category: BizComputer Technology]
CrowdStrike Named the Overall Champion in the Omdia 2026 Cybersecurity Platform Ecosystems Leadership Matrix
AUSTIN, Texas, May 21 -- CrowdStrike Inc., a cybersecurity platform for protecting areas of enterprise risk - endpoints and cloud workloads, identity and data, issued the following news on May 20, 2026:
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CrowdStrike Named the Overall Champion in the Omdia 2026 Cybersecurity Platform Ecosystems Leadership Matrix
Positioned highest and furthest to the right among 24 vendors; recognized for best-in-class partner ecosystem growth and continued platform leadership powering cybersecurity
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CrowdStrike (NASDAQ: CRWD) today announced it has been named the Overall Champion in the Omdia 2026 Cybersecurity
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AUSTIN, Texas, May 21 -- CrowdStrike Inc., a cybersecurity platform for protecting areas of enterprise risk - endpoints and cloud workloads, identity and data, issued the following news on May 20, 2026:
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CrowdStrike Named the Overall Champion in the Omdia 2026 Cybersecurity Platform Ecosystems Leadership Matrix
Positioned highest and furthest to the right among 24 vendors; recognized for best-in-class partner ecosystem growth and continued platform leadership powering cybersecurity
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CrowdStrike (NASDAQ: CRWD) today announced it has been named the Overall Champion in the Omdia 2026 CybersecurityPlatform Ecosystems Leadership Matrix, positioned highest and furthest to the right among 24 vendors. Reflecting analyst assessment, partner feedback, and performance metrics, the recognition underscores CrowdStrike's leadership in building and scaling a global partner ecosystem on the CrowdStrike Falcon(R) platform.
"Cybersecurity is an ecosystem game, and the platform decides who wins," said Daniel Bernard, chief business officer at CrowdStrike. "Omdia's recognition reinforces what our partners and customers tell us every day - they're standardizing on the Falcon platform and building on it. This is what it looks like when the ecosystem is built on the platform, not bolted on. That's what scales, and that's what stops breaches."
The Omdia report cites "a diverse, scaled partner ecosystem driving sustained best-in-class growth across co-sell motions, services, and marketplaces." Omdia also recognized CrowdStrike for:
* Expanding Next-Gen SIEM and MSSP momentum: GSIs expanded CrowdStrike Falcon(R) Next-Gen SIEM practices while MSSP activity increased, with MSSP business scaling to more than $1.3 billion in total contract value over the past three years, as of 4Q26.
* Scaling hyperscaler marketplaces: AWS Marketplace contract value nearing $1.5 billion in FY26, alongside hundreds of millions through Google Cloud Marketplace, and expansion to Microsoft Marketplace.
* Enabling partner-led delivery: Expanding service delivery with partners including Accenture, Deloitte, EY, Kroll, and Wipro.
* Expanding the AI and hyperscaler ecosystem: Deepening alliances with AWS, Google, Microsoft, and NVIDIA; partnerships with Anthropic, OpenAI, and Perplexity; AI infrastructure collaborations with CoreWeave and Nebius; and EU sovereign cloud alignment with Schwarz Digits.
* Driving flexible consumption: Strengthening the Accelerate Partner Program with expanded incentives, predictable pricing, and greater licensing flexibility through Falcon Flex, including consumption-based services.
* Building the AI partner ecosystem: Launching the Charlotte AI AgentWorks ecosystem to enable partners to build and commercialize custom AI security agents.
"CrowdStrike's ecosystem strategy reflects a clear shift from traditional partnerships to a platform model where partners can build, monetize, and deliver differentiated services at scale," said Matthew Ball, Chief Analyst, Enterprise & Channel at Omdia. "Its expansion across hyperscalers, AI partners, and marketplaces - combined with new opportunities to develop and commercialize AI-driven services - positions CrowdStrike to drive the next phase of ecosystem growth."
"CrowdStrike continues to raise the bar for what a modern cybersecurity platform ecosystem should look like," said Mark Thornberry, SVP, Partnerships at GuidePoint Security. "We've built an incredible business together, and it remains one of the strongest partnerships we have today. The Falcon platform continually creates new opportunities for us to grow and deliver meaningful security outcomes for customers."
To learn more about CrowdStrike's recognition in the Omdia 2026 Cybersecurity Platform Ecosystems Leadership Matrix, visit our website.
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Forward-Looking Statements
This press release may include discussion of unreleased services or features. Any unreleased services or features referenced here are still in development and subject to change. Customers should make their purchase decisions based upon features that are currently available.
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About CrowdStrike
CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk - endpoints and cloud workloads, identity and data.
Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon(R) platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.
CrowdStrike: We stop breaches.
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Original text here: https://www.crowdstrike.com/en-us/press-releases/crowdstrike-named-overall-champion-omdia-2026-cybersecurity-platform-ecosystems-leadership-matrix/
[Category: BizComputer Technology]
China Is Leading the AI Supercycle -- and the Distance Is Growing
NEEDHAM, Massachusetts, May 21 -- International Data Corp., a provider of market intelligence and advisory services, issued the following news release:
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China Is Leading the AI Supercycle -- and the Distance Is Growing
Key Takeaways:
* Global enterprise AI spending will reach $940B in 2026, growing to $2.1 trillion by 2029. (IDC, 2026)
* China's spending on embodied intelligence is forecast to grow from $1.4B to $77B in five years -- a 94% CAGR. (IDC, 2026)
* China's MaaS market is growing at 1,154.9% CAGR (2024-2030), reaching 40,000 trillion Token calls in 2026. (IDC, 2026)
* AI-native
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NEEDHAM, Massachusetts, May 21 -- International Data Corp., a provider of market intelligence and advisory services, issued the following news release:
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China Is Leading the AI Supercycle -- and the Distance Is Growing
Key Takeaways:
* Global enterprise AI spending will reach $940B in 2026, growing to $2.1 trillion by 2029. (IDC, 2026)
* China's spending on embodied intelligence is forecast to grow from $1.4B to $77B in five years -- a 94% CAGR. (IDC, 2026)
* China's MaaS market is growing at 1,154.9% CAGR (2024-2030), reaching 40,000 trillion Token calls in 2026. (IDC, 2026)
* AI-nativeendpoints, Industrial AI, and the 15th Five-Year Plan are reshaping China's digital economy.
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BEIJING -- China isn't waiting. As the global AI industry shifts from infrastructure build-out to enterprise application at scale, China is already running -- and the gap with most other markets is widening. That was the signal at IDC Directions 2026 in Beijing, where more than 400 technology decision-makers, analysts, and investors gathered to take stock of a market moving faster than almost anywhere else on earth. The event opened with a moment that said more than any data point could: IDC CEO Lorenzo Larini sharing a stage with an AI-powered robot built in China, deployed in China, and already competing globally.
"IDC has been on the ground here since 1986, and we've never seen the pace of change move faster than it is right now," said Lorenzo Larini, CEO, IDC. "What has become clear is that China is not a market you can afford to observe from a distance because it is a technology force actively shaping how the world moves. At IDC, our job is to give our clients the clarity they need to make confident decisions in this dynamic market that grows both exciting and more complex everyday."
What is the AI Supercycle -- and what phase is it in now?
Global enterprise spending on AI will reach $940 billion in 2026 and grow to $2.1 trillion by 2029 -- with China among the fastest-growing markets worldwide. According to Kitty Fok, managing director at IDC China, the first phase of the AI Supercycle was about computing power, foundational models, and infrastructure. The second phase -- now underway -- is about enterprise applications, Agentic AI, and intelligent services at scale.
"The global AI industry has entered a super cycle, and the market is now moving from infrastructure build-out to enterprise application explosion," said Fok.
How big is China's robotics market?
China is on track to become the world's largest robotics market by 2029. Chinese manufacturers already lead global shipments across multiple categories. Spending on embodied intelligence in China will grow from $1.4 billion today to $77 billion within five years -- a 94% CAGR -- according to IDC research forecast.
What is driving the cost of enterprise AI -- and what does it mean for ROI?
The Token is now the defining unit of enterprise AI -- both for cost and for value. The shift, as Zhenshan Zhong, vice president at IDC China, framed it: enterprise AI has moved from "generation" to "execution." Tokens are the core of cost, and Agents are the core of value.
MaaS market growth: China's Model-as-a-Service market will hit 40,000 trillion Token calls in 2026, with revenue reaching approximately 18.6 billion RMB -- a 1,154.9% CAGR from 2024 to 2030. Over 60% of leading Chinese enterprises have already integrated generative AI into core business processes. (IDC, 2026).
Why "Tokens per watt" is replacing FLOPS as the key efficiency metric
Raw compute performance (FLOPS) no longer tells the story. The metric that matters now is "Tokens per watt" -- how efficiently a system generates useful AI output per unit of energy. By 2027, inference will account for over 70% of intelligent computing demand, with edge infrastructure growing faster than core data centers. The global accelerated computing server market will exceed $1 trillion by 2029, growing more than 30% annually. The competitive advantage in AI has shifted: it's no longer about who has the most computing power -- it's about who converts AI into sustainable business capability at the lowest Token cost. (IDC analysis: Thomas Zhou, vice president at IDC China.)
How is China's 15th Five-Year Plan reshaping its digital economy?
Three priorities define China's digital economy under the 15th Five-Year Plan, which began in 2026: business opportunity creation, digital sovereignty, and global capability restructuring. As AI, data, and computing power converge, IDC expects China's digital technology spending to maintain double-digit growth for several years. The strategic shift among Chinese companies is clear: the focus is moving from product exports to capability, platform, and ecosystem exports. Those that build AI-native platforms first, deepen industry scenarios, and expand developer ecosystems are best positioned to win the next growth cycle. (IDC analysis: Lianfeng Wu, vice president and chief analyst at IDC China.)
What is Industrial AI -- and how is it changing Chinese manufacturing?
Industrial AI has moved past pilot programs. Enterprises are integrating AI into production, supply chain management, operational decision-making, and after-sales service -- driving end-to-end value chain upgrades. The generational difference in industrial software is stark: traditional systems focused on recording and control; the new generation adds perception, prediction, and collaborative execution. For Chinese manufacturers, the real value lies in breaking down data silos and restructuring collaboration across R&D, production, supply chains, and services. (IDC analysis: Kai Cui, assistant research director at IDC China.)
How are smart devices evolving in China's AI-native era?
900 million smart devices will ship in China in 2026 -- up ~0.3% year-on-year. However, driven by tightening supply of critical components such as memory, the market is now confronting substantial cost pressure. The more important shift is what buyers are paying for. Hardware specifications are no longer the purchase driver -- intelligent experiences and ecosystem capabilities are. AI-native endpoints represent a new round of value distribution and ecosystem competition, not a product upgrade cycle. (IDC analysis: Dr. Antonio Wang, global and China research vice president at IDC.)
IDC in China: 40 years of on-the-ground intelligence
IDC has operated in China since 1986, tracking three major waves of ICT evolution: infrastructure build-out, digital transformation, and AI-driven intelligence upgrading. That depth -- 40 years of local market knowledge -- is what gives IDC clients the confidence to navigate China's technology landscape and act on it.
IDC Directions is also coming to Hangzhou on June 10 and Shenzhen on June 24. Register today!
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About IDC
International Data Corporation (IDC) is the premier global provider of trusted technology intelligence, advisory services, and events. With more than 1,000 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 100 countries. IDC's analysis and insights help IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. To learn more about IDC, please visit www.idc.com. Follow IDC on X at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.
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Original text here: https://www.idc.com/resource-center/press-releases/china-is-leading-the-ai-supercycle-and-the-distance-is-growing/
[Category: BizConsulting]