Anaplan vs Oracle

Anaplan Appoints Jared Coyle as Executive Vice President, AI

Anaplan announced the appointment of Jared Coyle as Executive Vice President, AI, as part of its continued focus on AI-driven decision-making.

Anaplan Appoints Jared Coyle as Executive Vice President, AI

Anaplan announced the appointment of Jared Coyle as Executive Vice President, AI, as detailed in a press release dated September 23, 2026.

Tech Race Summit highlights AI pilot-to-profit barriers

The inaugural Tech Race Summit, organized by SOFTSWISS, gathered over 1,500 participants from fintech, e-commerce, and iGaming to discuss challenges in scaling AI from pilots to profitable production. Key issues addressed included organizational gaps in AI adoption, 'zombie projects' that persist without clear business cases, data management deficiencies, and the high costs of AI models. Experts from Oracle, AWS, and Cloudflare shared strategies for defining AI work, establishing data governance, and choosing cost-effective models. The event highlighted that only 8% of organizations have advanced AI maturity, and emphasized the need for human oversight and clear accountability in AI-driven processes.

• SOFTSWISS organized the inaugural Tech Race Summit with over 1,500 participants.
• AWS's Sergey Khurson stated that 88% of organizations use AI in at least one part of their business, but only 8% have reached advanced maturity.
• Gartner report cited by Oracle: 63% of organizations lack data management practices required for AI.

CoreWeave shares tumble 16% as bond yields near 15% on AI debt fears

Stocks fell sharply on Wednesday as concerns over AI infrastructure spending and heavy debt weighed on markets. CoreWeave shares plunged 16%, with bond yields on its 2032 notes reaching 14.8% and 2031 yields over 15%; its five-year CDS spread widened above 1,000 basis points. Oracle dropped nearly 7%, Nebius 9%, and the Nasdaq Composite lost 1.4%. Tech investor Chamath Palihapitiya highlighted the soaring yields, prompting Elon Musk's 'yikes' response. JPMorgan projects hyperscaler AI spending will hit $800 billion this year and exceed $1 trillion by 2027. CoreWeave has over $51 billion in debt and reported a loss of nearly $2 billion in the last twelve months, but CEO Mike Intrator cited a $100 billion backlog, including $103 billion in contractual commitments from Microsoft and OpenAI. The stock recovered Thursday, closing up 5.94%. Analysts warn credit concerns could become a 'self-fulfilling prophecy,' spreading to other AI names. In other news, Netflix announced 6% layoffs, Berkshire Hathaway invested $330 million in Bending Spoons, and CPI data showed persistent inflation.

• CoreWeave shares plunged 16% with bond yields on 2032 notes reaching 14.8% and 2031 yields over 15%; five-year CDS spread widened above 1,000 bps.
• CoreWeave has over $51 billion in debt, has reported a loss of nearly $2 billion in the last twelve months, and its stock has fallen nearly 50% in six months to $65 per share, but CEO Intrator cited a $100 billion backlog and $103 billion in contractual commitments from Microsoft and OpenAI.
• Oracle fell 7%, Nebius 9%, and Nasdaq Composite lost 1.4% on AI spending worries; Oracle's CDS spread also spiked to 282 bps.

TEAM IM Names Scott Olesen CEO and Jon Chartrand COO

Team Informatics, Inc. ("TEAM IM"), an enterprise content management and AI context solutions provider, has announced changes to its executive leadership. Scott Olesen has been named Chief Executive Officer, and Jon Chartrand has been named Chief Operating Officer. Tami Balfanz continues as Chief Financial Officer. Olesen, who joined TEAM IM in 2004, succeeds Doug Thompson, who has stepped down as CEO but remains majority owner and a board member. The leadership transition positions the 25-year-old firm for growth as organizations prepare for the AI era, with a focus on helping businesses organize, govern, and use information to provide context for business AI.

• Scott Olesen named CEO of TEAM IM
• Jon Chartrand named COO of TEAM IM
• Tami Balfanz remains CFO