Artificial Intelligence Dominates Tech Company Earnings Calls – Fagen wasanni
Artificial intelligence (AI) is becoming increasingly important in the business strategies of tech companies. According to a new report, the latest earnings season has seen a record number of mentions of AI in management speeches during earnings calls. These mentions reached a new high during the second quarter, surpassing the previous record set in the first quarter.
Google’s parent company, Alphabet, has been at the forefront of AI discussions, with 62 mentions of AI on their recent earnings call. This comes as Google faced competition from Microsoft’s inclusion of ChatGPT in its search engine Bing. In response, Google released its own AI-powered chatbot called Bard. Alphabet’s mentions of AI have increased from their first-quarter meeting, showcasing the company’s commitment to AI investment across its operations, particularly in its ads business and cloud products.
Intel and Microsoft tied for second place with 58 mentions of AI each. Similar to Alphabet, Intel emphasized AI to…
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source: https://news.oneseocompany.com/2023/07/31/artificial-intelligence-dominates-tech-company-earnings-calls-fagen-wasanni_2023073148346.html
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