Author: Advanced AI Bot

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…

IBM (NYSE:IBM) announced Monday that it acquired Seek AI, a New York City-based artificial intelligence startup specializing in natural language data querying, as part of a larger push into agentic AI development. The acquisition coincides with the launch of Watsonx AI Labs. According to IBM, Seek AI’s software will become a foundational part of the lab’s technological framework. Founded in 2021 by former data scientist Sarah Nagy, Seek AI builds tools that allow users to interact with complex datasets using natural language prompts, automatically converting them into structured query language queries and generating insights, TechCrunch reports. Don’t Miss: IBM said…

This story was originally published on CX Dive. To receive daily news and insights, subscribe to our free daily CX Dive newsletter. Half of customers  are willing to use a generative AI assistant in customer service interactions, according to a Gartner survey of more than 4,800 consumers released last week. That willingness, however, varies by consumers’ preferred channel. While 76% of customers who used social media as their primary channel in their last customer service interaction are open to generative AI assistants, that drops to 35% among those who used the phone as their primary channel. Three different surveys show…

After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple will try to regain its footing Monday at its annual Worldwide Developers Conference. The presummer rite, which attracts thousands of developers to Apple’s Silicon Valley headquarters, is expected to be more subdued than the feverish anticipation that surrounded the event during the previous two years. In 2023, Apple unveiled a mixed-reality headset that has been little more than a niche product, and last year WWDC trumpeted its first major foray into the AI craze with an array of new features highlighted by…

Source: TradingView.com Applied Digital shares are likely to remain on investors’ radar screens after more than doubling last week following news of a deal to lease data center space to AI darling CoreWeave The stock has formed a cup and handle on the chart, with the price staging a decisive breakout above the pattern’s top trendline last week, potentially signaling the start of a new longer-term move higher. Investors should watch important overhead areas on Applied Digital’s chart around $17, $28 and $46.70, while also monitoring a major support level near $10.50. Applied Digital (APLD) shares are likely to remain…

(Bloomberg) — Meta Platforms Inc. is in talks to make a multibillion-dollar investment into artificial intelligence startup Scale AI, according to people familiar with the matter. Most Read from Bloomberg The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company funding events of all time. The terms of the deal are not finalized and could still change, according to the people, who asked not to be identified discussing private information. A representative for Scale did not immediately respond to requests for comment. Meta declined to comment. Scale AI, whose…

Billionaire college dropout Lucy Guo is reportedly the youngest self-made woman on the planet—knocking Taylor Swift off the top spot. But even with a $1.3 billion reported net worth, the 30-year-old cofounder of Scale AI tells Fortune she still pinches the pennies and shops at Shein. Despite founding and retaining a $1.3 billion stake in an AI unicorn, you won’t catch Lucy Guo wasting her billions on a lavish lifestyle to match her new status. “I don’t like wasting money,” the frugal 30-year-old tells Fortune. Of course, sometimes Guo will splurge—like if she’s got a 16 hour flight to endure,…

People attend Computex 2025 in Taipei in May. – I-Hwa Cheng/AFP/Getty Images In the largest single foreign investment in US history, Taiwan Semiconductor Manufacturing Company has unveiled a $100 billion investment, drawing global attention and prompting concern in Taiwan. TSMC, which produces more than 90% of the world’s advanced semiconductor chips that power everything from smartphones and artificial intelligence (AI) applications to weapons, will build two new advanced packaging facilities in Arizona, among others. Here’s everything you need to know about advanced packaging technology, which has seen exponential demand growth along with the global AI frenzy, and what that means…

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Amid changing government priorities, trade tariffs and questions about product safety, defense technology startup Shield AI remains positioned for growth, CFO Kingsley Afemikhe said in an interview. The company has faced increased scrutiny after a recent Forbes report highlighted an accident with Shield AI’s V-BAT drone during a U.S. Navy demonstration of the technology in April 2024. A U.S. service member was seriously injured when his fingers were caught in the drone’s spinning blades when he approached during…

On Monday, data center company Applied Digital announced two 15-year lease agreements with CoreWeave, an AI infrastructure company. The news sent CoreWeave’s stock soaring by more than 40% over the next few days. Such double digit percentage gains have become par for the course during CoreWeave’s brief life as a publicly traded stock. On May 27, the stock jumped over 20% after the company announced $2 billion in senior notes, and on May 16 it popped 22% on news that Nvidia infused it with a $900 million investment. The stock tumbled 17% on Thursday, but was back up 4% in…