AI was the buzzword of 2023. What happens in 2024?
CNN
AI is the buzzword du jour. The emerging industry has kept investors optimistic and stirred up market euphoria throughout 2023.
AI is the buzzword du jour. The emerging industry has kept investors optimistic and stirred up market euphoria throughout 2023. Of all S&P 500 companies, 152 cited the term “AI” during their earnings call for the third quarter, according to FactSet data. That’s the second-highest number of S&P 500 companies citing “AI” on earnings calls going back at least 10 years, when FactSet began tracking the data. It trails only the previous quarter’s 180 citations. Nvidia, the AI-adjacent chipmaker, meanwhile, was the highest performing US stock this year, up 235% so far. But will the buzz continue into 2024? Before the Bell spoke with Marco Argenti, chief information officer at Goldman Sachs, about what comes next for AI. Agrenti has a history of predicting what comes next in technology. Prior to joining Goldman Sachs, he served as vice president of technology of Amazon Web Services, where he started and ran several AWS businesses, including mobile, serverless computing, Internet of Things and augmented and virtual reality.
Missouri sued Starbucks this week, alleging the chain’s push to hire and promote more people of color and women violated anti-discrimination laws and slowed down coffee orders.
Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.
China’s power industry began construction on nearly 100 gigawatts of new coal plant capacity last year, the most in nearly a decade, a report from two clean-energy groups said Thursday.
Google Play said it restored TikTok to the US app store on Thursday, following promises by President Donald Trump to save the app and an executive action delaying the enactment of a ban on the wildly popular social media platform.
To hear Trump tell it, Thursday’s new tariffs announcement was a significant and sweeping order that will bring the world to heel. But the plan, as it were, consisted of a vaguely worded memo that offered few concrete details and no real timeframe for the next round of tariffs.
Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the aftermath of the Great Recession.
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for American shoppers.
Several channels owned by Paramount Global, including CBS, Comedy Central and MTV, have disappeared from YouTube TV on Thursday after the two companies failed to reach a contract renewal.
Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its current structure.
President Donald Trump is expected to announce a new round of sweeping reciprocal tariffs on Thursday, matching higher rates other nations charge to import American goods.
Japan’s Nissan and Honda have ended discussions on a deal that would have created the world’s third-largest carmaker.
Elon Musk-owned X has agreed to pay to settle a lawsuit from his close ally President Donald Trump over Trump’s deplatforming following the January 6, 2021, insurrection, according to multiple reports that cite people familiar with the matter.
Tuesday’s press conference in the Oval Office was already unusual, with Elon Musk standing behind President Donald Trump at the Resolute Desk to talk about the Department of Government Efficiency – illustrating the power the world’s richest man now holds.