Generative AI

AI Revolutionizes Black Friday Shopping As Online Sales Reach New Heights
EXCLUSIVE: SoundHound AI Wants To 'Voice-Enable The World' For Effortless Conversations Between People, Products
Adobe Stock To Turn From Laggard To Leader, Analysts Highlight 'AI Monetization Opportunities' From MAX Creativity Conference
EXCLUSIVE: SoundHound AI Wants To 'Voice-Enable The World' For Effortless Conversations Between People, Products
Adobe Stock To Turn From Laggard To Leader, Analysts Highlight 'AI Monetization Opportunities' From MAX Creativity Conference
Adobe Q3 Earnings Preview: AI Tools In Focus, Analyst Expects Upside With Strong Second Half Of Year Ahead
Amazon Analyst Says Company's 'Dominant Competitive Position' In E-Commerce, AWS 'Provides A Lot To Be Bullish About'

Generative AI Recent News

More Than Half Of Fortune 500 Companies Flag AI As A Major Risk, Marking 473.5% Surge In Warnings Amid Growing Concerns
The potential risks associated with artificial intelligence have been increasingly underscored by Fortune 500 companies in their annual reports.
Is AI In Gaming Overhyped? Cloud Executive For Tech Giant Weighs In: 'Large-Scale Application Will Still Take Some Time'
Liang Chen, the general manager of Tencent Holdings Cloud's internet industry department, has expressed skepticism about the widespread use of artificial intelligence in the gaming industry.
Apple Analyst Turns Focus To 'Apple Intelligence,' Chinese Market Share Ahead Of Q3 Earnings
Apple's stock has had a strong year, with an analyst reiterating a Buy rating and predicting high revenues and EPS for their upcoming earnings report. AI, Chinese market share, and services revenue will be closely watched.
Jeff Bezos-Era 'Downstream Impact' Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses
Amazon.com Inc.'s strategy of selling its Echo devices at low prices in the hope of generating profits elsewhere within the company has not yielded the expected results. The company has incurred billions in losses as a result.
China Dominates Global Generative AI Adoption As Local Startups Face Fierce Competition From The Likes Of Alibaba And Baidu
According to a survey by SAS and Coleman Parkes Research, China leads the world in generative AI adoption, with 83% of Chinese respondents using the technology, far surpassing the global average of 54%.
Despite The Market Hype, Only 5% Of US Firms Use Generative AI In Production
Only a few firms are benefiting from generative AI's potential, with large tech companies leading the way. S&P 500 up 15%, but RSP and IWM lag.
Intuit Shares In Focus As Analyst Puts New Subscription Model, GenAI, Tax Laws Into Perspective
Intuit tax and accounting software should be a tailwind as "tax codes and regulations become increasingly complex," the analyst wrote.
China Files 6X More Generative AI Patents Than US Despite Nvidia Chip Export Ban: UN Report
China has surged ahead in the global race for generative AI patents, according to a recent UN report, in the face of U.S. sanctions.
Customers Like Google's AI Overviews, But Still Prefer ChatGPT At Work: Survey
Survey shows mixed signals for Alphabet's AI investments, with majority open to switching to non-Google platform for search. Market reacts with record high market caps for AI players.
Nvidia Analyst Says The AI Party Isn't Over: 'Any Volatility Likely To Be Short-Lived'
Bank of America's analyst Vivek Arya maintains positive outlook on Nvidia despite recent surge, citing strong fundamentals, attractive valuations.
Snapchat Flexes Generative AI Muscles With New Augmented Reality Lenses: Report
Snapchat allows artists and developers to create AR features as part of an upgrade to its developer program Lens Studio.
IMF Pitches 'Strengthening Corporate Taxes' And 'Supplemental' Taxes To Fight Against Impact Of AI On Jobs And Inequality
The International Monetary Fund has raised a red flag on the potential of Artificial Intelligence to exacerbate inequality, urging governments to take measures to protect their economies.
Where Will The AI Revolution Strike Next? What New Data Reveals About Companies That Benefit From AI
AI is revolutionizing financial markets, with 41% of S&P 500 companies mentioning it in Q1 earnings calls. Not just tech giants, but also companies like Walmart and Baker Hughes are embracing AI's potential.
Bain Capital Goes Big In EdTech: PowerSchool Acquisition Valued At $5.6B
Bain Capital will take PowerSchool Holdings private for $5.6 billion. Private credit lenders provided debt financing for the deal.
NVIDIA 'Marching Toward A Three-Trillion Market Cap': 11 Analysts Size Up Q1 Results As AI Leader 'Shows No Sign Of Slowing Down'
Nvidia stock is up over 200% in the last year. Analysts see more upside and a $3 trillion market capitalization coming after the company's Q1 results and guidance.
IMF Chief Warns Of AI's 'Tsunami' Impact On Job Market: 'Can Also Lead To...More Inequality In Our Society'
International Monetary Fund Managing Director Kristalina Georgieva has issued a dire warning about the potential ramifications of the AI revolution on the global job market.
Visa, Mastercard Have $255T Opportunity, Analyst Says: Generative AI 'Could Drive Upside To Fundamentals'
Analyst initiates coverage on Visa and Mastercard with Overweight ratings, citing strong positions in global payments and potential for sustained growth.
5 Reasons To Buy Duolingo: This Analyst Sees 46.5% Upside Despite GenAI Competition
Duolingo is expected to achieve ~39% incremental Adj. EBITDA margins in 2024, indicating strong potential for profitabilitt expansion.
China's AI Advancements Accelerate Humanoid Robot Development: What You Need To Know
China is witnessing a rapid advancement in the field of artificial intelligence, which is significantly accelerating the development of humanoid robots.
7 Apple Analysts Size Up Q2 Results: Artificial Intelligence 'A Major Upgrade Cycle Within Product Categories Such As The iPhone'
Analysts point to the strength of Apple's Services segment in the Q2. Analysts are mixed on iPhone results in China and the AI efforts from the company.
8 Analysts Size Up Amazon's Q1 Results, AWS Opportunity: 'Likely The Biggest Winner In AI'
Amazon stock is seen as a winner by analysts after the Q1 results. Operating margins, AWS and the AI opportunity are highlighted as positives.
'Insane Night:' Jim Cramer Praises Amazon's 'Spectacular' Q1, Says Skyworks Will 'Hammer Apple' While Supermicro Got 'Whacked' Despite Good March Quarter
Jim Cramer praised Amazon for its "spectacular" first-quarter performance. He also commented on the performance of other companies in a recent post.
Amazon's GenAI Could Generate 'Multi-Billion Revenue Run-Rate': JPMorgan
Amazon beats Q1 revenue estimates, driven by strong performance in AWS and international business. JPMorgan analyst sees potential for profit growth through increased margins and GenAI services.

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