After a whirlwind of events, Sam Altman is back as the chief executive of OpenAI. The artificial intelligence startup made the announcement just before Thanksgiving, revealing Altman's reinstatement following a chaotic period that saw his initial ousting and a subsequent return amid internal unrest. In a recent blog post, Altman expressed his enthusiasm for the future and … [Read more...] about OpenAI Co-founder Sam Altman Returns as CEO
artificial intelligence
C3.ai’s Long-Term Positioning Remains Strong, Analysts Say
Despite a downward spiral in the stock market on Thursday and mixed quarterly results, analysts are still optimistic about C3.ai's future. C3.ai, the enterprise artificial intelligence software developer, left Wall Street underwhelmed with its recent guidance, released on Wednesday evening. However, according to D.A. Davidson analyst Gil Luria, management is fully aware of the … [Read more...] about C3.ai’s Long-Term Positioning Remains Strong, Analysts Say
Technology Companies See Stock Market Boost After Strong Earnings
Shares of technology companies experienced an uptick following impressive earnings results from a major player in the industry. Amazon.com saw a rally in its shares after reporting third-quarter sales growth that surpassed Wall Street's expectations. Market investors and traders had high hopes for the tech giants, despite rising costs of capital across various sectors. … [Read more...] about Technology Companies See Stock Market Boost After Strong Earnings
Y2K Fashion and a Familiar Tech Rally
Y2K fashion is making a comeback with wide-leg denim, velour tracksuits, and butterfly hair clips. But alongside this nostalgic fashion trend, there seems to be a disturbing parallel in the tech market. Out of all the major indexes, the Nasdaq Composite, known for its heavy focus on technology companies, has experienced the most significant rally in 2023. It has soared over 25% … [Read more...] about Y2K Fashion and a Familiar Tech Rally
Dell Expects Steady Revenue and Profit Growth
In a recent meeting with securities analysts in New York, Dell Technologies reiterated its annual revenue growth expectations of 3% to 4%. Additionally, the PC and enterprise-hardware company raised its adjusted profit growth target to 8% or better, up from a previous forecast of 6%. This upward revision reflects Dell's confidence in its performance. The company also announced … [Read more...] about Dell Expects Steady Revenue and Profit Growth
