Once leaders learn how other companies are using AI to solve problems and seize opportunities, they will be better able to see its practical applications for their own.
Businesses will maintain an edge in the digital market if they see AI and automation as opportunities for improvement rather than dangers to established practices.
As mentioned, Qualcomm's chipsets have long led the chipset market. As the 5G upgrade cycle has cooled, the company has pivoted to designing AI-enabled chips. To that end, it has developed the Snapdragon 8 Gen 3 chip for this purpose, and it should improve on its capabilities with the upcoming release of a Gen 4 chip.
Nearly every AI company saw its stock price soar in 2024. Many saw their market caps double, triple, or even quadruple in value. But there's one AI stock in particular that crushed analyst expectations.
The cause of investors’ panic was DeepSeek, an obscure Chinese hedge fund turned AI startup that has blown analysts away with its latest large language model, R1, released on January 20th. Consumers have flocked to DeepSeek’s chatbot,
AI-powered Google competitors are trying to figure out how to grab search revenue without losing users who are wary of advertising.
Max's release points to the pressure DeepSeek's meteoric rise in the past three weeks has placed on overseas rivals and domestic competition.
DeepSeek is just one of many Chinese companies working on AI to make China the world leader in the field by 2030.
Adjusted per-share earnings came ahead of Wall Street estimates.
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 as well as the top models from U.S. rivals OpenAI and Meta.
UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe.