Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Tech leaders mention AI almost 170 times during earnings calls: report By: FOX Business April 30, 2023 at 17:13 PM EDT Meta, Alphabet, Microsoft and Amazon leaders mentioned artificial intelligence more that 150 times in their first-quarter earning calls in April, according to a report. Artificial intelligence was a hot topic for some of the biggest tech leaders in the country during their first-quarter earnings calls last week, a report found.Meta, Alphabet, Microsoft and Amazon leaders mentioned AI a total of 168 times during their earning calls last week, Insider reported – with Meta CEO Mark Zuckerberg alone citing AI 27 times.The focus on AI during the meetings is another signal that Silicon Valley’s tech race on artificial intelligence is in full swing, with the leaders highlighting on the calls how they will further integrate and invest in the tech at their respective companies.Alphabet, Google’s parent company, brought up AI more than the other three tech companies, according to the report, at 64 mentions. Microsoft made 50 mentions of the technology, and Meta referenced AI 47 times.CHATGPT AI LISTS JOBS IT CAN DO BETTER THAN HUMANS AS MILLIONS COULD BE PUT OUT OF WORKAmazon officials only talked about artificial intelligence seven different times on the call, according to Insider.Google, which is reportedly scrambling to update its search engine and create a completely new one that emphasizes AI, began the call with its CEO, Sundar Pichai, saying the company has embedded "deep computer science and AI" into product updates.GOOGLE SCRAMBLES FOR NEW SEARCH ENGINE AS AI CREEPS IN: REPORTWhile Amazon CEO Andy Jassy said on the call that the company will develop language models used in chatbots, that endeavor might take years and cost "billions.""There will be a small number of companies that want to invest that time and money, and we'll be one of them at Amazon," Jassy said, according to Insider.Microsoft reaffirmed its commitment to investing in AI through its stake in OpenAI, the AI lab behind the wildly popular ChatGPT chatbot. Zuckerberg said Meta will continue investing in AI, saying it has been the "main driver" in the company’s recent increase in spending.AI COULD GO 'TERMINATOR,' GAIN UPPER HAND OVER HUMANS IN DARWINIAN RULES OF EVOLUTION, REPORT WARNSOpenAI's release of ChatGPT in November proved to be a game changer for artificial intelligence, with other tech firms pushing to speed up their own artificial intelligence systems. ChatGPT is able to simulate human-like conversations with users based on prompts it is given, and it has the fastest growing user base with 100 million monthly active users in January.CLICK HERE TO READ MORE ON FOX BUSINESSMicrosoft, Meta, Alphabet and Amazon did not immediately respond to Fox News Digital's request for comment on the repeated mentions of AI. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Tech leaders mention AI almost 170 times during earnings calls: report By: FOX Business April 30, 2023 at 17:13 PM EDT Meta, Alphabet, Microsoft and Amazon leaders mentioned artificial intelligence more that 150 times in their first-quarter earning calls in April, according to a report. Artificial intelligence was a hot topic for some of the biggest tech leaders in the country during their first-quarter earnings calls last week, a report found.Meta, Alphabet, Microsoft and Amazon leaders mentioned AI a total of 168 times during their earning calls last week, Insider reported – with Meta CEO Mark Zuckerberg alone citing AI 27 times.The focus on AI during the meetings is another signal that Silicon Valley’s tech race on artificial intelligence is in full swing, with the leaders highlighting on the calls how they will further integrate and invest in the tech at their respective companies.Alphabet, Google’s parent company, brought up AI more than the other three tech companies, according to the report, at 64 mentions. Microsoft made 50 mentions of the technology, and Meta referenced AI 47 times.CHATGPT AI LISTS JOBS IT CAN DO BETTER THAN HUMANS AS MILLIONS COULD BE PUT OUT OF WORKAmazon officials only talked about artificial intelligence seven different times on the call, according to Insider.Google, which is reportedly scrambling to update its search engine and create a completely new one that emphasizes AI, began the call with its CEO, Sundar Pichai, saying the company has embedded "deep computer science and AI" into product updates.GOOGLE SCRAMBLES FOR NEW SEARCH ENGINE AS AI CREEPS IN: REPORTWhile Amazon CEO Andy Jassy said on the call that the company will develop language models used in chatbots, that endeavor might take years and cost "billions.""There will be a small number of companies that want to invest that time and money, and we'll be one of them at Amazon," Jassy said, according to Insider.Microsoft reaffirmed its commitment to investing in AI through its stake in OpenAI, the AI lab behind the wildly popular ChatGPT chatbot. Zuckerberg said Meta will continue investing in AI, saying it has been the "main driver" in the company’s recent increase in spending.AI COULD GO 'TERMINATOR,' GAIN UPPER HAND OVER HUMANS IN DARWINIAN RULES OF EVOLUTION, REPORT WARNSOpenAI's release of ChatGPT in November proved to be a game changer for artificial intelligence, with other tech firms pushing to speed up their own artificial intelligence systems. ChatGPT is able to simulate human-like conversations with users based on prompts it is given, and it has the fastest growing user base with 100 million monthly active users in January.CLICK HERE TO READ MORE ON FOX BUSINESSMicrosoft, Meta, Alphabet and Amazon did not immediately respond to Fox News Digital's request for comment on the repeated mentions of AI.