Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption

Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty Images On Microsoft’s earnings call last month, CEO Satya Nadella boasted about the company’s artificial intelligence products, and said over 150 million people are using its Copilot assistant for productivity, cybersecurity, coding … Read more

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. The grocery delivery platform‘s stock was flat. Here’s how the company did versus LSEG estimates: Earnings per share: 51 cents adjusted vs. 49 cents expected Revenue: $939 million vs. $934 million expected Revenues rose 10% from $852 million in the year-ago period. … Read more