Enterprise Ai news and trends

C3.ai Reports Strong Q4 Results, Sees ‘Huge Opportunity’ in GenAI
Earnings // May 29, 2024

C3.ai, an enterprise artificial intelligence (AI) software company, reported strong fourth-quarter results for fiscal year 2024, exceeding both its own guidance and analysts’ expectations. The company saw its fifth consecutive quarter of accelerating revenue growth, with subscription revenue increasing 41% year-over-year. The performance comes at...

Anthropic Expands Enterprise Offering With Claude Chatbot on iPhone
artificial intelligence // May 01, 2024

Artificial intelligence (AI) company Anthropic is launching its first smartphone app and a new enterprise subscription plan to expand the reach of its Claude chatbot. The San Francisco-based company, which focuses on safe AI, said in a Wednesday (May 1) announcement that the new iPhone...

Tech Experts Share What to Ask When Adding AI to Business
Artificial Intelligence // January 03, 2024

Generative artificial intelligence (AI) offers a great opportunity for firms to build better businesses. All they need to do is successfully integrate the technology across their workflows. Easier said than done? Maybe. After all, digital transformations are rarely as simple as flipping a switch. Fortunately, PYMNTS...

IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI
artificial intelligence // November 07, 2023

IBM is launching a $500 million venture fund to invest in artificial intelligence (AI) companies. The fund’s primary focus will be on accelerating generative AI technology and research for the enterprise, IBM said in a Tuesday (Nov. 7) press release. The IBM Enterprise AI Venture Fund aims...

Quick Reads
OpenAI CTO Mira Murati: GenAI Applications Are Becoming ‘Collaborators’

May 30, 2024
During the short time that generative artificial intelligence (GenAI) applications have been available, they have “entered the workforce as collaborators,” OpenAI Chief Technology Officer Mira Murati said Thursday (May 30). Addressing the Asia Tech X Singapore conference via video, Murati said the technology is increasingly being adopted in the workplace as it becomes more intuitive to use, […]

C3.ai Reports Strong Q4 Results, Sees ‘Huge Opportunity’ in GenAI

May 29, 2024
C3.ai, an enterprise artificial intelligence (AI) software company, reported strong fourth-quarter results for fiscal year 2024, exceeding both its own guidance and analysts’ expectations. The company saw its fifth consecutive...

IBM Launches $500 Million Venture Fund to Fuel Innovation in Enterprise AI

November 07, 2023
IBM is launching a $500 million venture fund to invest in artificial intelligence (AI) companies. The fund’s primary focus will be on accelerating generative AI technology and research for the enterprise,...