People use Google, Amazon, and Apple’s smart assistants for weather, timers, and music — the same stuff we were doing a decade ago
, , and are all upgrading their digital assistants — Assistant, Alexa, and Siri — to use more advanced generative-AI technology. The problem has been that even as they promise new and better capabili...
Palo Alto Networks surges after posting better sales, earnings, and guidance than Wall Street anticipated
is soaring after posting top- and bottom-line beats in the fourth quarter along with a bright outlook for its current fiscal year. For the three months ended July 31, the seller of AI-enabled cybersec...
Tech companies are spending more on people in order to spend less money on people
Artificial intelligence is eventually supposed to drive down headcount and the cost of labor. But for now it seems that tech companies are spending money (on labor, through stock) to make money. And b...
Duolingo rises after CEO defends “AI-first” strategy in NY Times interview
Shares of Duolingo jumped over 7% Monday morning after the company’s CEO defended its use of AI amid customer backlash. In an interview with The New York Times published Sunday , founder and CEO Luis ...
Dan Ives freshens up list of favorite AI stocks with additions of CrowdStrike, Roblox, GE Vernova, and Nebius
Dan Ives, longtime global head of technology research at Wedbush Securities and recent fashion designer , is giving his “AI 30” list of companies he says will “define the future of the AI theme over t...
Bloomberg’s review of Meta’s AI app: Inconsistent, impersonal, prone to hallucinations
Considering the gobs of money is throwing at its artificial intelligence efforts, its Meta AI app that launched this spring is pretty mid, according to a review from Bloomberg. Some issues: an uneven ...
Can AI fix Stitch Fix?
Stitch Fix, the online personal styling service that sends handpicked outfits to your door, has had a rough few years. Founded in 2011, the company’s relatively narrow appeal — to those who didn’t lik...
Meta AI chatbot docs allowed shocking “sensual” conversations with children, Reuters reports
An internal content moderation document for the company’s AI chatbots allowed “sensual” conversations with minors, a Reuters investigation found. The “GenAI: Content Risk Standards” document, which M...
Analysts love Amazon’s same-day grocery expansion
expansion into free same-day grocery delivery nationwide for Prime members sent the stock up 1.5% yesterday. It’s up more than 2% again today in early trading. Meanwhile, a number of competitors fell ...
Bloomberg: Apple’s tabletop robot is “centerpiece” of its new AI strategy
On the heels of failing to successfully bring its AI iPhone to life, is hoping to turn things around with its next AI effort: a tabletop robot that serves as a virtual companion, Bloomberg reports . ...
Anthropic offers Claude AI to federal agencies for $1
Earlier this month, OpenAI announced that it was offering ChatGPT Enterprise to US federal agencies for $1 in a yearlong deal with the General Services Administration. Today, Anthropic is following su...
SoundHound AI sees second straight day of option-fueled gains
Voice AI company — and retail trader plaything — is up more than 40% over the last two days. It’s the best two-day run for the heavily-shorted shares since December, when a similar violent upsurge to...
Amazon and Apple are struggling with their AI voice assistants
As we wrote last year, voice assistants have seemingly gotten worse as Big Tech companies try to transition the technology underlying them to compete in a ChatGPT world. The idea is to supercharge S...
Palantir soars to new record closing high
finished the week strong, closing at a new record high of $186.96 on a weekly gain of 21% after its Monday earnings report seemed to meet sky-high expectations implied by the company’s arguably insane...
SoundHound AI soars after posting a couple of sick beats
Midcap retail plaything is howling — in a good way — after posting Q2 sales that were much better than expected, though profits were merely less bad than expected . The company also bumped its full-y...
SoundHound AI reports better-than-expected earnings
, which became a retail trading darling last year after disclosed a stake, reported Q2 results after the close of trading Thursday that exceeded analysts’ predictions. The voice AI software company r...
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How Amplitude leverages AI to help giants like Walmart behind the scenes
Ahead of this week’s earnings call, CEO and cofounder of digital analytics company Spenser Skates spoke with Sherwood News briefly about his company’s recent AI acquisitions, how Big Tech acquihires ...
Hertz says its AI-powered damage scanners are supposed to enhance your customer experience
In recent weeks, thousands of existing and potential customers have derided the company’s move this year to install AI damage scanners at US airport locations. The scanners, created by tech company U...
Hertz surges after its loss isn’t as bad as feared
on Thursday reported a better-than-expected adjusted loss, sending shares higher. (It’s unclear how much its rapidly expanding network of money-sucking AI damage scanners helped or hurt results.) Desp...
Analysts react to Palantir’s Q2: “Execution has been stunning”
Market leader and retail trader darling is on track for its best day since President Trump’s first TACO turn away from massive tariffs juiced the market on April 9. The reason, of course, is the stro...