Month: April 2024
Amazon Earnings to Bring More Scrutiny For AI-Tethered Stocks – Yahoo Finance
(Bloomberg) — Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending. Most Read from Bloomberg The message so far from investors: shares of firms that demonstrate progress in monetizing AI will be rewarded, while firms that don’t will see their stock price punished. Last week’s misfire by Meta Platforms Inc. triggered a roughly $400 billion selloff in tech stocks amid concerns about the benefits of heavy spending on artificial intelligence. Later results from Alphabet Inc. and…
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How AI-powered systems can help physician groups improve coding – and earn more – Healthcare IT News
Coding of physician office visits can be very confusing – and is ever-changing. Every year, regulations and guidelines change, and it is difficult for providers to keep up. Most groups have coding staff with limited training, so some changes go unrecognized. The flipside of coding is compliance – and the ever-rising risk of compliance audits that may have grave financial consequences to provider groups if violations are found. Increasing top-line revenue “In healthcare, you get paid only for what you document and the codes you submit,” said Dr. Bruce Cohen,…
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Nurses have a deep distrust of AI – but transparency and training could help – Healthcare IT News
While some nurses recognize the potential of artificial intelligence to minimize documentation burden and improve patient monitoring – and see a future with broader AI-enabled nursing – others are concerned about AI replacing empathetic human assessment of patients, cutting nursing jobs, risking protected patient data to compromise and more. In this spirit, the California Nurses Association organized a protest against Kaiser Permanente’s use of artificial intelligence on April 22 at San Francisco Medical Center in Oakland, accusing the health system – and the hospital industry at large – of rushing to implement untested and…
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Instead Of Taking Jobs, Microsoft CEO Satya Nadella Says, ‘AI Will Help Increase Wages’ As Employees Can Provide … – Yahoo Finance
Instead Of Taking Jobs, Microsoft CEO Satya Nadella Says, ‘AI Will Help Increase Wages’ As Employees Can Provide More Expertise Microsoft Corp. (NASDAQ:MSFT) CEO Satya Nadella shared his optimistic perspective on the impact artificial intelligence (AI) will have on the workforce during a recent visit to India. Known for spearheading Microsoft’s aggressive push into AI technologies, Nadella’s insights come at a crucial time as debates intensify over the role of AI in the job market. AI, like many burgeoning technologies, continues to disrupt many industries, highlighting the lucrative but volatile…
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Sam’s Club Deploys AI-Powered Exit Technology at 120+ Locations, Leading Retail Industry With Customer … – Walmart Corporate
Press Center BENTONVILLE, Ark., April 30, 2024 — Sam’s Club, one of the world’s leading retailers and digital innovation pioneer, today announced significant progress in its rollout of technology that resolves a key member concern – waiting in line for receipt verification to exit the club. The retailer’s first-of-its-kind application of artificial intelligence and computer vision technology has been successfully deployed in more than 120 clubs since first unveiling it at the Consumer Electronics Show (CES) in January. Sam’s Club’s rapid deployment of its exit technology represents the largest-scale implementation of member-facing…
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AWS announces general availability of Amazon Q, generative AI-powered assistant – About Amazon
AWS has announced the general availability of Amazon Q, the most capable generative artificial intelligence (AI)-powered assistant for accelerating software development and leveraging companies’ internal data. Amazon Q not only generates highly accurate code, it also tests, debugs, and has multi-step planning and reasoning capabilities that can transform and implement new code generated from developer requests. Amazon Q also makes it easier for employees to get answers to questions across business data such as company policies, product information, business results, code base, employees, and many other topics by connecting to…
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MicroStrategy Extends Data and AI Access Across the Enterprise with Latest MicroStrategy AI Release and New Auto … – Yahoo Finance
MicroStrategy Auto™ is enhanced with AI explainability, automated workflows, mobile app support, and API connectivity, making analytics more accessible for every worker. TYSONS CORNER, Va., April 30, 2024–(BUSINESS WIRE)–MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, unveiled enhancements to the MicroStrategy Auto™ bot at MicroStrategy World 2024. These enhancements help organizations extend the reach of AI and enterprise-grade analytics by addressing industrywide trust and accessibility issues. MicroStrategy AI, introduced in 2023, is now in its third GA release, which includes enhanced AI explainability, automated workflows, and several other…
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A new Walmart in-store AI is giving employees advice on how to sell products before it’s too late – CNBC
Walmart is piloting a new in-store artificial intelligence to advise associates on everything from when bananas are likely to rot to when to mark down seasonal clothing. The goal is to reduce food waste and fashion waste, which leads to millions of tons of unused items each year likely bound for landfills, and billions of lost dollars for Walmart. The big-box giant thinks AI will make quicker, data-informed decisions with employees. Jeff Greenberg | Universal Images Group | Getty Images Produce goes bad and clothes go out of fashion fast,…
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