Month: April 2024

After nearly a year during which artificial intelligence (AI) stocks steadily booked significant increases, the segment began to cool off in March. The pullbacks of some of these stocks left investors questioning whether the AI rally had run its course, or whether what was occurring was a healthy short-term correction. The answer to that question likely depends somewhat on the individual company. Nonetheless, the recent sell-offs were likely a short-term correction for many of these stocks. And with that in mind, we asked three Motley Fool analysts for ideas on…

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Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts, but Walmart-owned Sam’s Club says it’s turning to AI to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the store without having their purchases double-checked. The technology, unveiled at the Consumer Electronics Show…

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Northern Kentucky University announced Tuesday that it is launching the region’s first artificial intelligence degree program this fall. The university is also the first in Kentucky to offer a minor in artificial intelligence, commonly referred to as AI. These programs have grown in popularity at other universities in the United States over the last several years. DePaul University in Chicago, Ill., offers a degree in AI, as well as Purdue University in West Lafayette, Ind., Massachusetts Institute of Technology in Cambridge, Mass., and Carnegie Mellon University in Pittsburgh, Pa. Ohio…

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The wide-ranging potential of AI could dramatically change the way workplaces operate. Three experts told Business Insider that properly trained and integrated AI could improve its efficacy. The discussion was part of BI’s event “Human-AI Collaboration: The Key to Workplace Efficiency and Innovation,” presented by Dell Technologies and held on April 23. Click here to watch a recording of the full event. Artificial intelligence has become a centerpiece of conversation in almost every industry. As the new technology accelerates in skill and ubiquity, business leaders are racing to figure out what…

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Tableau on Tuesday introduced new capabilities for its generative AI tools, including assisted data transformation capabilities and a feature that enables customers to explore metrics using natural language. The vendor unveiled the new capabilities during Tableau Conference, its annual user conference in San Diego. Pule and Einstein Copilot for Tableau make up Tableau’s current generative AI offerings. Pulse, which the vendor made generally available in February, is an insight generator that automatically surfaces and delivers insights to users in natural language. Einstein Copilot for Tableau, which is in beta testing…

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Overlake Medical Center & Clinics has announced that it’s leveraging artificial intelligence to help draft clinical notes and summarize patient visits so providers can spend less time on paperwork and more time caring for patients. Overlake is using Dragon Ambient eXperience Copilot, a Microsoft product that combines conversational, ambient, and generative AI to automatically draft clinical notes for immediate review and completion after each patient visit, a release said. After a patient provides consent at the beginning of their visit, the software begins drafting notes in real time that immediately…

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Artificial intelligence is changing how we create, solve problems, and how we work. But as more industries and professions make AI a part of our workplaces, the technology comes with a reminder that it can’t quite replace humans yet. Fans of artificial intelligence say it also has great potential to make our jobs a lot easier. That’s exactly why Colorado attorney Zachariah Crabill turned to AI for help. Last year he was working for a civil litigation firm in Colorado Springs but says his caseload became overwhelming. “Stressed out to…

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Chegg stock (CHGG) plummeted on Tuesday as the rise of free artificial intelligence tools has stunted growth at the online education company. Late Monday, the company said in its first quarter release it expects total net revenue, gross margins, and profits to all decline sequentially in the current quarter. The stock fell more than 20% Tuesday morning following the earnings release, which included an announcement that Nathan Schultz will replace Dan Rosensweig as CEO. Rosensweig will now serve as executive chairman. Chegg stock has lost nearly 70% over the last…

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Artificial intelligence is everywhere and it’s not just big companies relying on the technology. Research shows many small businesses are using AI tools to grow amid financial pressures from inflation. “We like to work smarter than harder over here,” said Lakesha Cole, founder of she PR. Lakesha Cole is the woman behind she PR, a boutique public relations agency in Tampa, Florida. She manages as small team of 6-10 freelancers and now the newest member of her team is artificial intelligence. “You don’t want to get left behind, right? And…

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FKA twigs has filed a written testimony on AI to a U.S. senate subcommittee, revealing that she is developing her own deepfake to interact with fans. She will testify on Capitol Hill today, Rolling Stone reports. The letter advocates for AI as a creative and commercial tool, as long as artists consent and retain control over their representations. In her written testimony, twigs says her own deepfake has been in development for a year and is “not only trained in [her] personality but also can use [her] exact tone of…

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One of the most outspoken investors on Wall Street is Ark Invest CEO Cathie Wood. Wood is known to take large positions in emerging technology businesses that she and her team believe have massive upside potential. However, like any other money manager, Wood faces her share of backlash and skepticism. I’ll concede that some of Wood’s high-conviction opportunities look far-fetched to me. But to be fair, one thing that Wood does that many of her peers do not is that she publicly releases her research. So while you may not…

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One of the pillars of the artificial intelligence (AI) boom is the semiconductor. And when it comes to high-performance graphics processing units (GPUs), “Magnificent Seven” member Nvidia is at the forefront of the discussion. But even as demand is soaring for the company’s A100 and H100 chips, smart investors realize that there are other opportunities alongside Nvidia. Considering that stock is up 200% over the last year, it might be worth checking out the competition and looking for a better value. Let’s dig into three of Nvidia’s primary competitors and…

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