New Title: Foxconn Projects Strong Revenue Growth Driven by AI Server Demand

New Title: Foxconn Projects Strong Revenue Growth Driven by AI Server Demand

Foxconn, a major supplier for Apple, is anticipating a significant increase in revenue this year as it experiences surging demand for artificial intelligence servers. This positive outlook follows the company’s impressive 33% rise in net profit for the fourth quarter, surpassing expectations and contradicting the more cautious statements made by Foxconn Chairman Young Liu in November regarding their projections for 2024.… Read the rest

Microsoft CEO Nadella Supports OpenAI to Boost Competition in the AI Race

Microsoft CEO Nadella Supports OpenAI to Boost Competition in the AI Race

Microsoft CEO Satya Nadella has expressed his surprise that Google did not emerge as the default winner in the AI race. However, he believes that the collaboration between Microsoft and OpenAI has elevated the level of competition in the industry. Nadella acknowledged Google as a competent company with a strong presence in artificial intelligence, possessing the necessary talent, compute power, and integrated ecosystem.… Read the rest

Microsoft and Docebo: Promising AI Stocks to Consider

Microsoft and Docebo: Promising AI Stocks to Consider

In recent times, the artificial intelligence (AI) sector has experienced a surge in popularity, with investors flocking to companies that are at the forefront of this technology. While Nvidia (NASDAQ: NVDA) has been a frontrunner in this space, some experts on Wall Street are suggesting that other stocks, such as Microsoft (NASDAQ: MSFT) and Docebo (NASDAQ: DCBO), may offer more promising opportunities.… Read the rest

SoftBank Group Considers Investment in Mistral AI, Europe’s Rising AI Startup

SoftBank Group Considers Investment in Mistral AI, Europe’s Rising AI Startup

SoftBank Group Corp., the Japanese tech giant, is reportedly exploring the potential of investing in Mistral AI, a French company that has emerged as one of Europe’s leading artificial intelligence startups. While no formal agreement has been reached, SoftBank has expressed interest in backing Mistral in its future funding rounds, with a potential valuation surpassing $2 billion.… Read the rest

The Very Group Unveils VeryGPT: Empowering Employees with AI Technology

The Very Group Unveils VeryGPT: Empowering Employees with AI Technology

Multi-brand online retailer, The Very Group, recently gathered its entire workforce for an exciting event called Very Con: AI in Action. The event aimed to showcase the company’s progress in integrating artificial intelligence (AI) within its operations. Matt Grest, the Chief Information Officer (CIO) at The Very Group, expressed his enthusiasm for the event, stating, “Bringing the entire company together for an AI immersion day is always a significant decision.… Read the rest

Oracle Unveils Game-Changing AI Features for Corporate Software

Oracle Unveils Game-Changing AI Features for Corporate Software

By Stephen Nellis

In an exciting development, technology giant Oracle has announced the integration of revolutionary generative artificial intelligence (AI) features into its lineup of corporate software. This move intensifies Oracle’s competition with industry giants like Microsoft as they strive to provide cutting-edge AI technology to business customers.… Read the rest

Using AI to Optimize Product Listings on Amazon

Using AI to Optimize Product Listings on Amazon

Amazon is revolutionizing the way sellers create product listings on their platform by harnessing the power of artificial intelligence (AI). In a recent announcement, Amazon revealed that U.S. sellers on their marketplace will soon have the option to generate new product listings simply by providing a URL to their existing direct-to-consumer websites.… Read the rest

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