AI Training for State Employees Expands in Arizona
Arizona is expanding its AI training program for state employees, aiming to deliver public services more effectively. The training, provided by InnovateUS, focuses on the responsible and effective use of artificial intelligence. A recent pilot program found that using Generative AI could save employees up to two and a half hours every week on tasks like summarizing and formatting information, taking notes, and writing code. Over 100 state employees have already started the courses, and agencies like the Arizona State Retirement System are making them mandatory for supervisors and IT staff.
Autonomous AI Shopping Agents Transform Retail
Retail's AI revolution is entering its third wave, with autonomous agents capable of completing shopping tasks without human intervention emerging as the next frontier. Salesforce's latest industry research reveals that 32% of consumer goods companies have already fully implemented generative AI, with digital commerce as a primary focus area. Autonomous agents can complete entire shopping journeys, from discovery to purchase, with minimal human intervention. Brands and retailers face a pivotal moment, adapting their digital presence, content strategy, and retail media approach for this new paradigm.
CMOs Can Harness AI for Sustainable Growth
AI is the most transformative force in digital marketing today, and when leveraged correctly, it can bring meaningful impact to a B2C business' bottom line. As business leaders, we're not just witnessing the rise of new technology—we're navigating a significant shift in how to truly understand and engage with customers. AI is a critical component of any marketer's toolkit, and investment in AI is no longer optional for growth-oriented organizations.
Nvidia Stock Dips Ahead of AI Giant's Earnings Report
Nvidia will disclose its first financial results of the year, providing early indications of how it will emerge from the release of the less tech-intensive AI model from China. The company's stock has wavered ahead of the report, trading as low as $124.44 per share and dipping about 4% by 10:30 a.m. Tuesday. Consensus analyst estimates call for Nvidia to report $38.1 billion in revenue and $0.85 adjusted earnings per share.
SoundHound AI: Impressive Tech but Pricey Stock
SoundHound AI has impressive technology, but its stock is pricey, according to Cantor analyst Thomas Blakey. The company is a leading provider of conversational AI software, specializing in its speech-to-meaning Voice AI platform. Despite the company's strong technology, Blakey assumes coverage of the stock with a Neutral rating and $10 price target.
Trump Is Trying to Kill the CHIPS Act
President Donald Trump's administration plans to cut approximately 500 jobs at the National Institute of Standards and Technology (NIST), potentially jeopardizing the future of the CHIPS Act. Analyst Robert Maire said these cuts could effectively kill the initiative to bolster domestic semiconductor manufacturing, which included roughly $39 billion in subsidies. Major U.S. chipmakers Intel and Micron Technology could face project uncertainty.
Salesforce Stock Revival Hinges on Success of AI Agents
Results from Salesforce Inc. this week pose a key test for the stock and for what many believe is the next big thing in artificial intelligence: AI agents. The software giant is seen at the vanguard of this kind of tool, which is designed to handle multi-step processes on behalf of users without human supervision. A positive read could not only revive the stock, which has trended lower this year, but reassure investors about AI's potential to drive growth and efficiency more broadly.
Chegg Accuses Google of Using AI to Crush Traffic, Revenue
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company's use of AI-generated summaries in search engine results has crushed its website traffic and revenue. The online learning platform focused on Sundar Pichai-led Google's use of "AI Overviews" – a controversial feature automatically generates answers to user queries at the top of search results while effectively demoting links to other sites.
U.S. Workers Are More Worried Than Hopeful About Future AI Use in the Workplace
American workers have mixed feelings about how AI technologies, like ChatGPT, will affect jobs in the future. About half of workers (52%) say they're worried about the future impact of AI use in the workplace, and 32% think it will lead to fewer job opportunities for them in the long run. Workers with lower and middle incomes are more likely than those with upper incomes to say workplace AI use will lead to fewer job opportunities for them.
Key Takeaways
- AI training for state employees is expanding in Arizona, aiming to deliver public services more effectively.
- Autonomous AI shopping agents are transforming retail, with 32% of consumer goods companies having already fully implemented generative AI.
- CMOs can harness AI for sustainable growth, but investment in AI is no longer optional for growth-oriented organizations.
- Nvidia's stock has wavered ahead of its earnings report, with consensus analyst estimates calling for $38.1 billion in revenue and $0.85 adjusted earnings per share.
- SoundHound AI has impressive technology, but its stock is pricey, according to Cantor analyst Thomas Blakey.
- President Donald Trump's administration plans to cut approximately 500 jobs at the National Institute of Standards and Technology (NIST), potentially jeopardizing the future of the CHIPS Act.
- Salesforce's stock revival hinges on the success of AI agents, with a positive read potentially reviving the stock and reassuring investors about AI's potential to drive growth and efficiency more broadly.
- Chegg has filed a federal antitrust lawsuit against Google – alleging that the company's use of AI-generated summaries in search engine results has crushed its website traffic and revenue.
- U.S. workers are more worried than hopeful about future AI use in the workplace, with 52% saying they're worried about the future impact of AI use in the workplace and 32% thinking it will lead to fewer job opportunities for them in the long run.
Sources
- Arizona is expanding AI training for state employees
- How Autonomous AI Shopping Agents Will Transform Retail
- How CMOs can harness AI for sustainable growth
- Nvidia Stock Dips Ahead Of AI Giant’s ‘Massive' Earnings Report—Here’s What To Expect
- SoundHound AI: Impressive Tech but Pricey Stock, Says Cantor
- Trump Is Trying to Kill the CHIPS Act. That Could Tank These 2 AI Stocks.
- Salesforce Stock Revival Hinges on Success of AI Agents
- Call of Duty updated with generative AI disclosure on Steam page
- Chegg accuses Google of using AI to crush traffic, revenue in...
- U.S. Workers Are More Worried Than Hopeful About Future AI Use in the Workplace