AI mentions skyrocket in major tech companies' Q2 calls

In earnings calls for the second fiscal quarter for major tech companies, the mention of artificial intelligence has skyrocketed compared to the previous quarter, according to aThe S&P 500 companies that took the lead in discussions surrounding AI included Google’s Alphabet, Intel, Microsoft and Meta platforms, along with others who increased talks around AI such as Cadence Design, IBM, ServiceNow, Moody’s and Omnicom.

In Intel’s second-quarter call, AI was mentioned 58 times compared to 15 times in its first-quarter call. Alphabet’s call mentioned AI 62 times and Microsoft’s 58 - both up from 52 and 35 times in previous calls, respectively. Tech companies aside, the Reuters report revealed in the first two quarters of the year the hype surrounding AI has helped create a 37% surge in the Nasdaq.

While Microsoft - backing ChatGPT’s OpenAI-, Meta and Alphabet have been active in the development and deployment of AI systems and tools, Intel has been behind in the AI boom. According to the Reuters report the company’s data center and AI business lumped by 15% in the last quarter.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

The fight over a bill targeting credit card fees pits payment companies against retailersBipartisan support for the Credit Card Competition Act has surged since it was introduced last year.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

As Generative AI Reshapes the Workforce, These Companies May Be Most AffectedUCLA researchers studied 2,500 companies to determine which could reap the most benefit from the productivity gains generative AI enables.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »

China wooing tech investments again after crackdown cost companies $1TChina's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: ReportMedia reports from Hong Kong say licensed crypto companies are limited to 'simple' accounts at Hang Seng bank, thesamreynolds writes
Sumber: CoinDesk - 🏆 291. / 63 Baca lebih lajut »

OpenAI, Upwork partner to help companies hire AI specialistsUpwork and OpenAI, the maker of ChatGPT, announced a new partnership that will help companies find and hire artificial intelligence specialists who are familiar with OpenAI's platform.
Sumber: FoxBusiness - 🏆 458. / 53 Baca lebih lajut »