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Tech News: IBM’s $11B Confluent Deal, Waymo Expands, and Quantum Teleportation Breakthrough Chicago Hosts 2025 Junior Theorists Workshop in Computer Science The 2025 Chicago Junior Theorists Workshop is being held on December 8th and 9th, hosted jointly by Northwestern University and the Toyota Technological Institute at Chicago (TTIC). The event is designed to showcase recent research from outstanding final-year Ph.D. students and postdoctoral researchers in theoretical computer science. The two-day workshop will feature a series of talks and discussions covering a wide range of topics within the field. This annual workshop provides a platform for junior researchers to present their work to the broader academic community and is supported by organizations including ACM SIGACT, IDEAL, NITMB, and the SkAI Institute. ...

MIT Report: 95% of Enterprise GenAI Projects Fail to Deliver ROI A new report from MIT’s NANDA initiative reveals that a staggering 95% of enterprise generative AI pilot programs are failing to produce a significant return on investment. Despite investments totaling between $35 and $40 billion in the US, only 5% of organizations have successfully deployed AI tools into production at scale. The report, titled “The GenAI Divide: State of AI in Business 2025,” is based on interviews with enterprise leaders, analysis of public AI initiatives, and a survey of business professionals. The primary reasons for failure are not a lack of infrastructure or talent, but rather the inability of AI systems to retain data, adapt, and learn over time. The study also found that purchasing AI tools from vendors and forming partnerships has a significantly higher success rate than in-house development. ...