Apple’s AI Offerings Focus on Maintaining User Security

Earlier this month, Apple (Nasdaq: AAPL) announced its third quarter results that continued to outpace market expectations. Despite declining iPhone sales, Apple saw significant upside in its other businesses as it continues to push forward on its AI-focused journey.

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Cloud Stocks: Google Introduces AI Copilots All Over Its Product Portfolio

Alphabet aka Google (Nasdaq: GOOG) recently reported its second quarter results that beat analyst estimates driven by strong and profitable growth in Google Cloud. Its quarterly Cloud revenues crossed the $10 billion mark for the first time and operating income crossed the $1 billion mark.

Meta Unveils Long Term AI Use Case Potential

Meta (Nasdaq: META), formerly Facebook, announced its quarterly results last week that outpaced market expectations. The market is also buoyed by the longer term vision for AI that Meta shared across its product portfolio.

Cloud Stocks: Microsoft Trying Hard to Keep up with AI Demand

This week, Microsoft (Nasdaq: MSFT) announced its fourth quarter results that surpassed market expectations. However, its Azure growth missed analyst estimates, the first time in two years, primarily due to supply constraints in meeting the Azure AI demand.

Cloud Stocks: Analysis of ServiceNow’s Raytion Acquisition

Earlier last week, ServiceNow (NYSE:NOW) reported its second quarter results that soared past market expectations. The impressive performance and outlook sent the stock climbing 13% in the after-hours trading session.

Cloud Stocks: IBM Gets a Boost from AI, Services Leads the Way

IBM (NYSE: IBM) recently announced strong results for its second quarter that surpassed analyst estimates driven by a boost in its AI business.

Cloud Stocks: Oracle Cloud Infrastructure Benefits from AI

Oracle (NYSE: ORCL) recently reported its fourth quarter results that missed estimates. But despite the weak results, the market was impressed given the strong Oracle Cloud Infrastructure (OCI) demand that it is seeing coming its way.

AI Unicorns: xAI Racing to Catch-up with OpenAI

In 2015, Elon Musk was a key founding member of the OpenAI non-profit entity. But over the course of time, due to disagreements between the rest of the team, he left OpenAI. Last summer, he announced plans to release his own AI-player called xAI.

IPOs 2024: Tempus AI Addresses Medical Diagnostic Use Case

According to a market report, the use of AI in medical diagnostics is expected to grow at 25% CAGR from $0.8 billion in 2022. Chicago-based Tempus AI (Nasdaq: TEM) is a leading player in the market that recently went public to a weak market response.

AI Unicorns: Anthropic Focuses on Building a Safer AI Model

The rapid rise of generative AI technology has led to a growing concern around safety and security around the development of the technology. Backed by both Google and Amazon, Anthropic PBC is a public benefit company (PBC) that is focused on ensuring that they build systems that people can rely on and generate research about the opportunities and risks of AI.