Generative AI

Technology company Qualcomm Inc (NASDAQ: QCOM) announced several new product launches and initiatives on Tuesday. Many of the new launches center on the company positioning itself to be a leader in artificial intelligence. What Happened: Looking to boost its presence in the artificial intelligence...

This week, U.S. tech titans, Microsoft Corporation (NASDAQ: MSFT), Google-parent Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL), Facebook-parent Meta Platforms (NASDAQ: META) and Amazon.com Inc (NASDAQ: AMZN) are expected to post an improved quarterly revenue growth as their legacy businesses...

Artificial intelligence has been on the minds of companies and investors throughout 2023 as one of the top trending items. Bank of America noted the impact artificial intelligence can have on several sectors going forward and made the claim it could be highly disruptive. Here’s a...

Google (NASDAQ:GOOGL) is looking to penetrate new markets in the Asia-Pacific region, with a specific focus on generative artificial intelligence (AI) technology. According to a Nikkei Asia report, Scott Beaumont, the Asia Pacific president of Google unveiled this strategic...

Nexusflow raised $10.6 million as part of a seed round led by Point72 Ventures, with participation from Fusion Fund and several artificial intelligence (AI) luminaries. The startup was formed by AI experts Jiantao Jiao and Kurt Keutzer from the Berkeley AI Research Lab, along with AI leader Jian...

Shares of Relx PLC (NYSE: RELX) were climbing on Wednesday. The company is “well positioned on generative AI to strengthen its existing data and IP competitive advantage,” according to Goldman Sachs. The Relx Analyst: Lisa Yang upgraded the rating for Relx from Neutral to Buy,...

At Amazon.com, Inc.'s (NASDAQ: AMZN) annual devices event on Wednesday, Senior Vice President of Devices and Services David Limp disclosed a vision for the company's updated virtual assistant Alexa.  The new version would be powered by generative AI and based on a new, custom-...

In a recent episode of “Goldman Sachs Exchanges: Great Investors,” Raj Mahajan, who is the firm's global head of Systematic Client Franchise, Global Banking and Markets, had a conversation with Peter Brown, CEO of the legendary quantitative trading firm...

While the memory chip market has been weak, Deutsche Bank’s Sidney Ho upgraded Micron Technology Inc (NASDAQ: MU) stock upon signals that AI is providing the much-needed lift. Ho believes the worst of the downcycle has now passed, given aggressive production cuts that suppliers...

Morgan Stanley (NYSE: MS) introduced its financial assistant powered by OpenAI’s generative AI software, marking Wall Street's entry into the generative AI domain. What Happened: The AI-driven assistant is now operational for all the bank's financial advisors and their auxiliary staff...

As leaders in the artificial intelligence sector continue to make global appearances to world governments on AI regulation and safe adoption, Elon Musk on Monday found himself in a one-on-one session with Israeli Prime Minister Benjamin Netanyahu. Musk and Netanyahu discussed the geopolitical...

Despite an initial shock to the system, the pandemic years were fruitful for technology innovators and providers. The combined stock market valuation of Apple, Alphabet, Nvidia, Tesla, Microsoft, Amazon and Facebook increased by almost 70 percent to the tune of upwards of $10 trillion. That is...

Government officials in London and Washington are each advancing regulatory measures concerning artificial intelligence (AI), acknowledging its societal implications. U.K. Sets Principles: The UK's Competition and Markets Authority (CMA) is outlining principles to deter a few tech corporations...

Shares of Adobe Inc (NASDAQ: ADBE) dipped nearly 5% Friday following the company's third-quarter earnings beat issued after market close on Thursday. By The Numbers: The San Jose, California-based tech giant posted earnings of $4.09 per share, beating a Street estimate of $3.98 by 2.76%. The...

Enterprise software giant Salesforce Inc (NYSE: CRM) on Tuesday announced the next evolution of its artificial intelligence (AI) technology, Einstein, which now includes a generative AI tool set to reshape its suite of apps, including popular platforms Slack and Tableau. What Happened: The newly...