Author: Advanced AI Bot

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(Bloomberg) — The federal judge who will decide how to limit Google’s monopoly in search is considering its advantage in artificial intelligence, and aiming to minimize harm to the other players in the market with any resolution. Most Read from Bloomberg On Friday in US District Court in Washington, attorneys for Alphabet Inc.’s Google and the Justice Department answered Judge Amit Mehta’s final questions in the government’s monopoly case against the search giant. It will be up to Mehta to decide whether to break up the company and reshape the internet or impose more limited remedies. Mehta has previously said…

This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. Agentic AI is expected to handle more than two-thirds of all customer service interactions with technology vendors by 2028, Cisco projected in a report released Tuesday. Cisco surveyed nearly 8,000 business and technical decision-makers across 30 countries. A vast majority of respondents — 93% — believe agentic AI will make customer service more personalized, proactive and predictive. Nearly 9 in 10 say agentic AI-led experiences will help their organizations reach their goals. “With agentic AI reaching a new…

JOSEP LAGO / Getty Images Dell said its quarterly servers and networking revenue jumped 16% year-over-year to a record $6.3 billion Dell (DELL) reported fiscal first-quarter revenue that topped analysts’ expectations, driven by growth in artificial intelligence server sales. The Nvidia (NVDA) partner’s quarterly revenue grew 5% year-over-year to $23.38 billion, above the analyst consensus from Visible Alpha. Servers and networking revenue jumped 16% to a record $6.3 billion, driven by what Chief Operating Officer Jeff Clarke called “unprecedented demand for our AI-optimized servers.” The company generated $12.1 billion in AI orders in the first quarter, more than it delivered…

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Warby Parker is using AI to bring its in-store experience online with the introduction of Advisor, an AI tool for its iOS app that gives personalized recommendations to help customers pick frames, the company announced on Tuesday. Through the app, users scan their face to receive frame recommendations based on style preferences and face shape, width and nose bridge. Warby Parker also entered a partnership with Google earlier this month to develop AI-powered glasses for all-day wear. The…

Cheng Xin / Getty Images The AI software firm’s combined subscription and engineering services revenue increased 22% and made up 96% of the company’s total revenue. C3.ai reported a lower loss and higher revenue than analysts estimated on growing demand for generative AI products. The AI software firm’s combined subscription and engineering services revenue increased 22% and made up 96% of the company’s total revenue. C3.ai also renewed and expanded its contract with Baker Hughes. C3.ai (AI) shares soared more than 25% Thursday, a day after the artificial intelligence (AI) software firm reported better-than-expected results, boosted by skyrocketing demand for…

Shares of artificial intelligence (AI) software company C3.ai (NYSE:AI) jumped 26.3% in the afternoon session after the company reported strong first quarter 2025 results: Revenue and adjusted operating income both beat in the quarter. Looking forward, revenue guidance for next quarter was roughly in line with Wall Street’s estimates, but operating income guidance for the period was nicely above expectations. Finally, “C3 AI and Baker Hughes renewed and expanded their strategic partnership through a multi-year agreement”, and this is a relief to the market as it is the largest partnership for the software company. Overall, this was a solid quarter.…

We recently published a list of 12 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Reddit Inc (NYSE:RDDT) stands against other AI stocks on latest news and ratings. On May 28, Redburn-Atlantic analyst James Cordwell reiterated a “Sell” rating on Reddit Inc (NYSE:RDDT) with a $75.00 price target. Reddit is a social media platform that leverages AI to strengthen search functionality and improve user engagement. The firm’s rating reiteration follows concerns regarding the impact of Google’s latest AI advancements on the social media platform. Google’s aggressive rollout of AI…

The New York Times building stands in Midtown on February 07, 2024 in New York City. – Spencer Platt/Getty Images The New York Times on Thursday announced that it will license content from across its newsroom to train Amazon AI models. Under the multi-year deal, Amazon’s AI services like Alexa will be able to use Times content, including from NYT Cooking and sports website The Athletic, to produce summaries and short excerpts in real time. The Jeff Bezos-owned company will use decades’ worth of the Gray Lady’s content to train its AI models. “The collaboration will make The New York…

On Wednesday, B Of A securities analyst Wamsi Mohan maintained a Buy rating on International Business Machines (NYSE:IBM) with a price forecast of $270. The rating reflects the analyst’s view that the company is a defensive investment and anticipates improving revenue growth that should, in turn, generate higher cash flow available for reinvestment in further mergers and acquisitions. In an analyst note that focused on IBM’s transaction processing (TP) software, a critical component of its mainframe operations, Mohan noted TP software has not only stabilized but is now demonstrating significant growth staying extremely relevant in the age of public cloud.…