Author: Advanced AI Editor
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…
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…
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…
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. 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…
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…
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.…
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…
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…
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…