Southeast Asia is hungry for AI — and the money isn't just in subscriptions
A Bain & Company partner told CNBC that Southeast Asia is adopting AI quickly. That uptake is opening business opportunities that go beyond paid consumer subscriptions.
A Bain & Company partner told CNBC that Southeast Asia is adopting AI quickly. That uptake is opening business opportunities that go beyond paid consumer subscriptions.
Jas Khaira, who heads AI at Blackstone, explains why the private equity giant is not alarmed by market nerves. He considers worries about the debt financing the AI buildout to be exaggerated.
Meta's board worried that its CEO leaving California could disrupt the company's AI ambitions. A new stock agreement gives Mark Zuckerberg financial reasons to stay despite a ballot measure on taxing billionaires.
Mark Zuckerberg says the Muse agent marks a new phase for Meta. He expects it to bring in more revenue per user than the company's existing apps.
AI research lab Flapping Airplanes has raised $1 billion about a year after it was founded, at a $6 billion valuation according to Bloomberg. The lab has not yet released any commercial product.
IBM's quarterly revenue and profit came in above expectations. Chief executive Arvind Krishna pointed to the company's work helping clients with artificial intelligence.