Latest news with #AI-empowered
CNBC
3 days ago
- Business
- CNBC
Tech companies are requiring employees to learn and use AI at work—here's the best way to do that, experts say
Using artificial intelligence on the job is becoming increasingly common across the U.S. Some bosses — particularly at tech companies — even require it, for either some or all of their employees. E-commerce giant Shopify, for example, is in the "all" camp, co-founder and CEO Tobias Lütke wrote in a company-wide memo, which he posted to social media network X on April 7. "Using AI effectively is now a fundamental expectation of everyone at Shopify. It's a tool of all trades today, and will only grow in importance," Lütke wrote. "Frankly, I don't think it's feasible to opt out of learning the skill of applying AI in your craft; you are welcome to try, but I want to be honest, I cannot see this working out today, and definitely not tomorrow." Fiverr CEO Micha Kaufmann similarly told employees and freelancers to "study, research and master the latest AI solutions in your field," in an internal email he posted to X on April 8. "AI is coming for your jobs," he wrote. "Heck, it's coming for my job, too. This is a wake-up call."Duolingo co-founder and CEO Luis von Ahn joined in, too. "Duolingo is going to be AI-first," von Ahn wrote in an email posted to Duolingo's LinkedIn page on April 28. "We'll gradually stop using contractors to do work that AI can handle. ... Headcount will only be given if a team cannot automate more of their work." Plans to foster an AI-empowered workforce could be timely: Tech luminaries like Bill Gates and Mark Cuban say that AI will greatly change the way many people live and work, potentially as soon as within the next 10 years. But encouraging AI at work — in a way that's actually helpful — may not be quite as easy as simply requiring that people start using it. Here's what good bosses can do to get their employees interested in using AI, according to leadership experts. The most important lesson for any leader, says Rohan Verma: If you mandate or heavily encourage AI, you need to teach employees how to use it in ways that'll specifically benefit your business. Verma, who runs San Francisco-based executive coaching firm Arbor Advisory, says he worked with Microsoft-owned GitHub to help implement the parent company's Copilot AI tool across the organization. "[Microsoft] rolled out a pretty formal coaching program, specific resources and proper onboarding. They didn't just say 'Use the tool.' They gave a set of options on how to thrive with it," he says. If you want to get more people around you to use AI, start by gauging how much they already know about the technology, recommends Kalifa Oliver, an author, executive advisor and global director for employee experience at Ford. Then, if you have the budget, "invest in the infrastructure" to help train your colleagues on AI tools that are new to them, or advanced ways of using familiar systems, says Oliver. This could include access to online courses and learning platforms, mentorship programs or assessments to gauge what employees already know about using AI and what they need to be more efficient, she adds. Don't use AI primarily as a cost-cutting method, automating tasks best done by humans or even replacing human headcount, warns Oliver. Even the most advanced AI models make factual errors, and if the wrong human is out of the office, those mistakes could go unnoticed and create problems, she notes. "I think CEOs will start taking an all-in stance because it sounds good, unfortunately. Do I think that it's a stance that CEOs should take? That's a different story," Oliver says. ,
Yahoo
09-05-2025
- Business
- Yahoo
Arm Holdings plc (ARM) – Sturdy Performance Despite Market Headwinds
We recently published a list of . In this article, we are going to take a look at where Arm Holdings plc (NASDAQ:ARM) stands against other AI stocks on Wall Street's radar right now. According to a state media report, China's President Xi Jinping has pledged 'self-reliance and self-strengthening' to develop artificial intelligence in China. The country is eagerly competing with the United States for supremacy in the AI arms race. Xi has stressed that China should be leveraging its 'new whole national system' to push forward with the development of AI. 'We must recognise the gaps and redouble our efforts to comprehensively advance technological innovation, industrial development, and AI-empowered applications.' READ NEXT: and . With the emergence of DeepSeek and other artificial intelligence models that have followed, many experts are of the belief that China has already covered much of the AI development gap it had with the United States. 'We must continue to strengthen basic research, concentrate our efforts on mastering core technologies such as high-end chips and basic software, and build an independent, controllable, and collaborative artificial intelligence basic software and hardware system.' Xi is also of the belief that AI shouldn't be a 'game of rich countries and the wealthy. Rather, he believes in more international governance and cooperation on AI. In his recent visit to Shanghai, he underscored China's leading role in the 'Global South,' calling for more innovation, support for AI startups, and stronger global influence in technology. He also urged the city to expand its exploration of AI models and noted that more supportive policies for the technology should be rolled out. Visiting the Shanghai-based New Development Bank, a multilateral lender of BRICS member nations, he affirmed how China is ready to strengthen project cooperation with the bank and share development experience with other member countries. The visit underscores Xi's commitment to positioning China as the leader of the Global South. 'China wants to offer an alternative to the world against the U.S.-dominant global order.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ().Arm Holdings plc (NASDAQ:ARM) is a semiconductor and software design company that designs and manufactures semiconductor technology and other related products. On May 8, JPMorgan reiterated the stock as 'Overweight' and adjusted the price target to $150 from the previous $175. The firm said it's sticking with Arm following earnings on Wednesday. The optimism in the stock stems from Arm's strong financial performance, while the revised projections reflect the increased trade and tariff uncertainties expected in the second half of the current calendar year. 'Our Overweight rating is based on Arm's strong leadership profile in semiconductor compute architecture and it being well positioned to intercept the increasing demand for higher performance compute capabilities while optimizing for energy efficiency.' Overall, ARM ranks 10th on our list of AI stocks on Wall Street's radar right now. While we acknowledge the potential of ARM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ARM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Channel Post MEA
01-05-2025
- Business
- Channel Post MEA
CPX Announces Participation At GISEC Global 2025
CPX Holding will participate at GISEC Global 2025 for the third consecutive year, marking its biggest presence yet at the region's leading cybersecurity event. Taking place from 6–8 May 2025 at the Dubai World Trade Centre, GISEC Global brings together global cybersecurity stakeholders to address the evolving threat landscape and unlock new opportunities for resilience and innovation. 'GISEC has become a key global platform for shaping the future of cybersecurity,' said Hadi Anwar, CEO of CPX. 'For CPX this year, it will be a key moment that demonstrates the strength of our partnerships, the depth of our expertise, and our growing role in safeguarding digital ecosystems in the UAE and beyond. During GISEC, we will also be announcing several key milestones that reflect our ongoing commitment to building a secure, inclusive, and AI-empowered digital future. We're proud to return for the third year in a row—not just to showcase innovation, but to drive meaningful conversations around security, readiness, and collaboration.' The theme of this year's participation is Experience the Power of Cyber Innovation, to empower organizations with cutting-edge, end-to-end cybersecurity solutions that are tailored to confront today's most advanced threats. CPX will exhibit at booth A30 (between Halls 7 and 8), hosting a lineup of international technology partners and showcasing its comprehensive portfolio of cybersecurity solutions designed to protect digital environments across the public and private sectors. This year's participation comes as CPX accelerates its international expansion, reinforcing its role as a trusted national champion with a growing global impact. The CPX booth will feature confirmed partner pods from: Palo Alto, Rilian Technologies, Corelight, Fortinet, Thales, Goteleport, Mindflow, Splunk, and Cribl. Visitors can explore the CPX booth to learn more about its cybersecurity offerings, experience partner technologies, and hear from experts shaping the future of secure digital transformation. CPX will also be taking part in several center-stage speaking engagements on the main stage panel discussion as part of GISEC's Government Track. Titled 'Cyber Resilience and Data Protection in the Cloud Age', the session will explore how organizations can strengthen cloud defenses amid rising threats, with 83% of workloads expected to run in the cloud by 2025. 0 0
Business Times
27-04-2025
- Business
- Business Times
China's Xi calls for self sufficiency in AI development amid US rivalry
[HONG KONG] China's President pledged 'self-reliance and self-strengthening' to develop artificial intelligence (AI) in China, state media reported on Saturday (Apr 26), as the country vies with the US for supremacy in AI, a key strategic area. Speaking at a Politburo meeting study session on Friday, Xi said China should leverage its 'new whole national system' to push forward with the development of AI. 'We must recognise the gaps and redouble our efforts to comprehensively advance technological innovation, industrial development, and AI-empowered applications,' said Xi, according to the official Xinhua news agency. Xi noted policy support would be provided in areas such as government procurement, intellectual property rights, research and cultivating talent. Some experts say China has narrowed the AI development gap with the United States over the past year. The Chinese AI startup DeepSeek drew global attention when it launched an AI reasoning model in January that it said was trained with less advanced chips and was cheaper to develop than its Western rivals. China has also made inroads in infrastructure software engineering. The DeepSeek announcement challenged the assumption that US sanctions were holding back China's AI sector amid a fierce geopolitical tech rivalry, and that China lagged the US after the breakthrough launch of OpenAI's ChatGPT in late 2022. 'We must continue to strengthen basic research, concentrate our efforts on mastering core technologies such as high-end chips and basic software, and build an independent, controllable, and collaborative artificial intelligence basic software and hardware system,' Xi said. He added that AI regulations and laws should be speeded up to build a 'risk warning and emergency response system, to ensure that artificial intelligence is safe, reliable, and controllable.' Xi said last year that AI shouldn't be a 'game of rich countries and the wealthy,' while calling for more international governance and cooperation on AI. REUTERS
Yahoo
26-04-2025
- Business
- Yahoo
China's Xi calls for self sufficiency in AI development amid U.S. rivalry
By James Pomfret and Summer Zhen HONG KONG (Reuters) -China's President Xi Jinping pledged "self-reliance and self-strengthening" to develop AI in China, state media reported on Saturday, as the country vies with the U.S. for supremacy in artificial intelligence, a key strategic area. Speaking at a Politburo meeting study session on Friday, Xi said China should leverage its "new whole national system" to push forward with the development of AI. "We must recognise the gaps and redouble our efforts to comprehensively advance technological innovation, industrial development, and AI-empowered applications," said Xi, according to the official Xinhua news agency. Xi noted policy support would be provided in areas such as government procurement, intellectual property rights, research and cultivating talent. Some experts say China has narrowed the AI development gap with the United States over the past year. The Chinese AI startup DeepSeek drew global attention when it launched an AI reasoning model in January that it said was trained with less advanced chips and was cheaper to develop than its Western rivals. China has also made inroads in infrastructure software engineering. The DeepSeek announcement challenged the assumption that U.S. sanctions were holding back China's AI sector amid a fierce geopolitical tech rivalry, and that China lagged the U.S. after the breakthrough launch of OpenAI's ChatGPT in late 2022. "We must continue to strengthen basic research, concentrate our efforts on mastering core technologies such as high-end chips and basic software, and build an independent, controllable, and collaborative artificial intelligence basic software and hardware system," Xi said. He added that AI regulations and laws should be speeded up to build a "risk warning and emergency response system, to ensure that artificial intelligence is safe, reliable, and controllable." Xi said last year that AI shouldn't be a "game of rich countries and the wealthy," while calling for more international governance and cooperation on AI. Sign in to access your portfolio
