Verizon CEO bullish on AI opportunities
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Microsoft’s quarterly sales and profit exceeded expectations, thanks to strong demand for the company’s cloud computing and artificial intelligence products. Just this week, Microsoft announced deals with Coca-Cola and Cognizant. Revenue for the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 per share. Analysts had expected earnings per […]
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Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoilShares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed that profits had surged in the last quarter.Sundar Pichai, CEO, hailed the transition to artificial intelligence as a “once-in-a-generation opportunity” as his company races to integrate the technology across its business. Continue reading
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Pilot to give AI regulation advice to UK entrepreneurs
The government has launched a pilot scheme that will provide entrepreneurs with informal advice on AI regulations. The AI and Digital Hub will see regulators including the Competition and Markets Authority, Ofcom, the Financial Conduct Authority, and the Information Commissioner’s Office share information with businesses to help them navigate the UK’s regulatory environment. The pilot, […]