Author: Advanced AI Bot
The S&P 500 rose 0.55% on Tuesday as tech stocks, including Meta and Google, ticked upward. Tariffs may be leaving a cloud over the stock market, but tech companies continue their upward climb, buoyed by investor excitement around artificial intelligence. On Tuesday, Meta’s share price rose 1.20% amid reports that Mark Zuckerberg’s social media giant planned to invest around $15 billion into the startup Scale AI. Meta wasn’t the only tech company to receive a boost on Tuesday. Apple shares rose 0.61%, despite a lackluster performance at its annual developer conference, while Tesla rebounded 5.67% as the public spat between…
This story was originally published on Marketing Dive. To receive daily news and insights, subscribe to our free daily Marketing Dive newsletter. Less than a year after releasing in beta, Amazon’s artificial intelligence-powered video generator is now available to all U.S. advertisers on the e-commerce platform. The fast rollout of the solution, which spins up half a dozen videos based on the input of a product ID, speaks to the mounting arms race between digital advertising platforms when it comes to leveraging generative AI to produce rich media assets, particularly for small- and mid-sized marketers that typically can’t afford them.…
If you’ve upgraded to a newer iPhone model recently, you’ve probably noticed that Apple Intelligence is showing up in some of your most-used apps, like Messages, Mail, and Notes. Apple Intelligence (yes, also abbreviated to AI) showed up in Apple’s ecosystem in October 2024, and it’s here to stay as Apple competes with Google, OpenAI, Anthropic, and others to build the best AI tools. Image Credits:Apple Cupertino marketing executives have branded Apple Intelligence: “AI for the rest of us.” The platform is designed to leverage the things that generative AI already does well, like text and image generation, to improve…
Social commerce platform Pinterest (NYSE: PINS) reported Q1 CY2025 results beating Wall Street’s revenue expectations , with sales up 15.5% year on year to $855 million. Guidance for next quarter’s revenue was better than expected at $970 million at the midpoint, 0.6% above analysts’ estimates. Its non-GAAP profit of $0.23 per share was 9.8% below analysts’ consensus estimates. Is now the time to buy PINS? Find out in our full research report (it’s free). Revenue: $855 million vs analyst estimates of $846.9 million (15.5% year-on-year growth, 1% beat) Adjusted EPS: $0.23 vs analyst expectations of $0.26 (9.8% miss) Adjusted EBITDA:…
The union for Hollywood’s video game performers has reached a tentative contract with several video game companies that may bring an end to an almost year-long strike tied to the use of artificial intelligence. Members of the Screen Actors Guild-American Federation of Television and Radio Artists went on strike in July 2024 after negotiations with game industry giants came to a halt over artificial intelligence protections. SAG-AFTRA said that the unregulated use of AI posed “an equal or even greater threat” to performers in the video game industry than it does in film and television because the capacity to cheaply…
Healthcare solutions company Evolent Health (NYSE:EVH) reported Q1 CY2025 results exceeding the market’s revenue expectations , but sales fell by 24.4% year on year to $483.6 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $455 million was less impressive, coming in 9.4% below expectations. Its non-GAAP profit of $0.06 per share was 33% below analysts’ consensus estimates. Is now the time to buy EVH? Find out in our full research report (it’s free). Revenue: $483.6 million vs analyst estimates of $461.2 million (24.4% year-on-year decline, 4.9% beat) Adjusted EPS: $0.06 vs analyst expectations…
Klarna’s CEO has predicted that a recession could be around the corner as companies around the globe—including his own—reduce the headcount of well-paid, white-collar jobs and replace them with AI. Sebastian Siemiatkowski, the boss of the Swedish Buy Now, Pay Later group is once again sounding a pessimistic tone on AI’s impact on the workforce. But as he embraces the potential positive effects of AI on his own bottom line, he may have to contest with the negative fallout of a company that has flirted with growing credit losses in the last year. While he admitted that “making future statements…
Justin Sullivan / Getty Images CEO Tim Cook speaks at Apple’s Worldwide Developers Conference on June 9, 2025 Apple on Monday unveiled several AI-related improvements with iOS 26, but said details on some highly anticipated updates, including AI-enhanced Siri features, will come later. Some of the updates expected with the iOS 26 coming this fall include live translation features, new Genmoji capabilities, and a package of aesthetic changes. A new software development kit will allow app builders to utilize the large language models that power Apple Intelligence. Apple (AAPL) on Monday announced a number of AI-related improvements with its iOS 26.…
On April 28, Duolingo cofounder and CEO Luis von Ahn posted an email on LinkedIn that he had just sent to all employees at his company. In it, he outlined his vision for the language-learning app to become an “AI-first” organization, including phasing out contractors if AI could do their work, and giving a team the ability to hire a new person only if they were not able to automate their work through AI. The response was swift and scathing. “This is a disaster. I will cancel my subscription,” wrote one commenter. “AI first means people last,” wrote another. And…
This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. More than 7 in 10 consumers say they use generative AI tools regularly, according to an Accenture survey of 18,000 people in 14 countries released last week. Half of these users have already used the technology to inform a purchasing decision. Another 18% of active generative AI users said the technology was their preferred source for purchase recommendations. Generative AI was the second most common source, topped only by physical stores at 19%. Three-quarters of users say they…