ai – Page 26 – Freedom 96.9

Singapore’s Grab bets on AI, new services to triple profit by 2028

Thursday, February 26 by SRN News

By Yantoultra Ngui and Jun Yuan Yong SINGAPORE, Feb 26 (Reuters) - Southeast Asia's top ride-hailing and delivery firm, Grab, is betting on artificial intelligence and expansion of new services such as online groceries and financial products to triple profit by 2028, the... Read More.

AI song generator startups Suno and Udio angered the music industry. Now they’re hoping to join it

Thursday, February 26 by SRN News

CAMBRIDGE, Mass. (AP) - Suno CEO Mikey Shulman pulls up a chair to the recording studio desk where a research scientist at his artificial intelligence company is creating a new song. The flute line sounds promising. The percussion needs work. Neither of them is playing an instrument.... Read More.

LSEG under pressure on AI and margins as Elliott weighs in

Wednesday, February 25 by SRN News

By Charlie Conchie LONDON, Feb 25 (Reuters) - With its stock price down about 30% in the past year and an activist investor pushing for change, LSEG CEO David Schwimmer is under pressure to show how he can lift the exchange and data group's fortunes... Read More.

Samsung rolls out more AI, new privacy shield mode with the new Galaxy S26 lineup

Wednesday, February 25 by SRN News

SAN FRANCISCO (AP) - Samsung on Wednesday unveiled its latest Galaxy smartphones, which boast an even bigger toolbox of artificial intelligence technology than the previous two generations and introduce a new privacy shield mode that blocks snoopy bystanders from sneaking a peek at the... Read More.

Wall St eyes higher open in run-up to Nvidia earnings as AI worries abate

Wednesday, February 25 by SRN News

By Shashwat Chauhan and Ragini Mathur Feb 25 (Reuters) - Wall Street's main indexes were set to open higher on Wednesday after volatile sessions earlier this week as investors assessed risks to the AI trade and growing tariff doubts heading into Nvidia's earnings due later... Read More.

Wall St opens higher in run-up to Nvidia earnings as AI worries abate

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Wall Street's main indexes opened higher on Wednesday after volatile sessions earlier this week as investors assessed risks to the AI trade and growing tariff doubts heading into Nvidia's earnings due later in the day. The Dow Jones Industrial Average rose... Read More.

Morning Bid: Another day, another AI mood swing

Wednesday, February 25 by SRN News

By Mike Dolan Feb 25 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Tuesday saw software stocks stage something of a rally, weirdly driven by the thing that's beaten them down for the past month: a sweep of... Read More.

Workday tumbles on dour revenue outlook amid AI threat

Wednesday, February 25 by SRN News

By Rashika Singh Feb 25 (Reuters) - Workday shares fell about 10% premarket on Wednesday after the enterprise software maker forecast downbeat revenue as corporations pull back on spending amid broader macroeconomic uncertainty. The shares have tumbled about 40% this year driven by a wider sell-off... Read More.

AI disruption prompts Australia’s WiseTech to cut a third of global workforce

Wednesday, February 25 by SRN News

By Sameer Manekar and Roshan Thomas Feb 25 (Reuters) - Australian software firm WiseTech Global will axe about 2,000 jobs, nearly a third of its global workforce, in a two‑year restructuring that could rank among the country's largest artificial intelligence-linked job reductions. Shares of the company,... Read More.

Nvidia prepares to release its quarterly results as AI fears weigh on the stock market

Wednesday, February 25 by SRN News

Artificial intelligence chipmaker Nvidia on Wednesday will deliver a quarterly report likely to sway a jittery stock market as investors weigh whether the massive bets riding on technology's latest craze will pay off. As has been the case since Nvidia's chipsets emerged as AI's best... Read More.

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