This article first appeared on GuruFocus. U.S. stocks opened higher on Wednesday as upbeat earnings and renewed AI optimism lifted tech shares, according to a Wednesday market update. The Dow Jones Industrial Average climbed about 1%, while the S&P 500 and Nasdaq Composite each rose roughly 0.2% in early trade. Traders also watched a planned House vote that could end …
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EA’s Game Development Is Very Quickly Becoming an AI-Driven Hellscape, Report Claims
It feels like we’re hurtling towards a future where big publishers value AI over actual employees, and so this new report on EA’s current trajectory makes for some particularly dire reading. The colossal company, which, let’s not forget, has agreed to be bought out by a Saudi-led investment consortium, is apparently forcing AI into just about every facet of its …
Read More »OpenAI and the race for AI-driven commerce
OpenAI held its annual dev day on Monday, where the company rolled out its plan to build apps into ChatGPT. The demo was impressive, showing how programs like Spotify and Figma can be called or discovered without leaving the ChatGPT window. With so much of the tech world barreling toward AI integration, OpenAI’s demo was the best picture yet of …
Read More »Thoma Bravo Acquires Verint to Join Forces with Calabrio to Create an AI-Driven Customer Experience Powerhouse – Business Wire
Thoma Bravo Acquires Verint to Join Forces with Calabrio to Create an AI-Driven Customer Experience Powerhouse Business Wire Thoma Bravo to Buy Verint for $1.23 Billion in Cash Deal Bloomberg.com Verint Confirms $2BN Takeover by Thoma Bravo, Set to Merge with Calabrio CX Today Thoma Bravo to Acquire Call Center Provider Verint Systems for $2B CMSWire.com Thoma Bravo to Buy Verint for $2 Billion The …
Read More »Palo Alto's $25 billion deal for CyberArk targets rising AI-driven threats – Reuters
Palo Alto’s $25 billion deal for CyberArk targets rising AI-driven threats Reuters Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion Yahoo Finance Witkoff to make first Israel visit in 3 months amid US concerns over Gaza aid crisis The Times of Israel Palo Alto Networks Reaches $25 Billion Deal for CyberArk Bloomberg.com $25 Billion Blockbuster Israeli Cybersecurity Firm CyberArk …
Read More »India’s AI-driven tech firings could derail middle class dreams
Nikhil Inamdar BBC News, Mumbai Getty Images Companies like TCS rely on cheap skilled labour to produce software for global clients at low costs India’s showpiece software industry is facing a moment of reckoning. The country’s biggest private sector employer Tata Consultancy Services (TCS) – also its largest IT services company – has announced it will cut more than 12,000 …
Read More »Alpha School, AI-Driven Education Founded in Austin, Is Coming to More Cities – The New York Times
Alpha School, AI-Driven Education Founded in Austin, Is Coming to More Cities The New York Times New AI-powered charter school to launch in the Valley this fall ABC15 Arizona Reimagining school: How MacKenzie Price is disrupting education with Alpha School’s groundbreaking learning model The Business Journals New AI-Powered School Opening in Plano This Fall 101.5 KNUE AI-powered private school opens San Francisco campus NBC Bay …
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