Latest news with #Generative-AI
Business Wire
4 days ago
- Business
- Business Wire
Glance and Samsung Galaxy Store Partner to Redefine Mobile Commerce: Launching a New AI Shopping Experience for Samsung Users in US
SAN MATEO, Calif.--(BUSINESS WIRE)--Glance, the consumer technology company backed by Google, launches Glance AI, an AI Commerce platform that delivers inspirational Generative-AI led commerce and content discovery for Samsung users in the US. As part of this strategic partnership, Samsung users will gain access to Glance's AI shopping and styling experiences. Glance AI is a Gen AI shopping platform disrupting how consumers shop today. They can instantly visualize themselves in outfits and destinations they would never imagine and purchase their favorites with just a tap. Built on Google Gemini's intelligence and Imagen's state-of-the-art image generation capabilities, Glance AI offers custom experiences across multiple Android handset manufacturers. Through this new partnership, Glance AI is unveiling its new custom app experience specially designed for Samsung users. "Glance AI is driven by a core human truth - each one of us wants to become the best version of ourselves. What stands between that aspiration and reality is the awareness of what is possible or access to platforms that enable this,' said Naveen Tewari, Founder and CEO, Glance. 'Glance AI helps consumers discover and visualize what's possible – starting with an outfit that makes them look and feel great – and own it with just a tap on the platform. Samsung's commitment to enable Glance AI across its US devices will enable consumers to enjoy a fully user-opted-in experience where inspirational commerce and content converge.' Available as both an app and a lockscreen experience, Glance AI is a fully opt-in experience. It trains itself on a single selfie or an image from the image gallery to generate hyper-real images of consumers in outfits best suited for them. As users visualize themselves in various outfits, they can make real-time purchase decisions with just a tap. The recommendations and order fulfillment are driven by Glance AI's extensive partnership with more than 400 leading brands and retailers in the US and beyond. The app further allows users to place the feature directly on their lock screen for easy access and the ability to save each look as either their lockscreen wallpaper or download to share across their network. Glance AI also leverages trending content, local events, and social media moments to make recommendations fresh, relevant, and engaging. High-speed inferencing helps deliver options such as flash sales and trend-driven commerce, making every shopping experience unique and effortless. By utilizing Samsung's extensive reach alongside the power of AI, Glance aims to redefine user interaction with smartphones, making every moment spent on the device richer and more efficient. 'At Samsung Galaxy Store, we're proud to be more than just an app marketplace – we're a destination for innovation, discovery, and meaningful experiences tailored for Galaxy users,' said Jason Shim, Sr. Director and Head of Samsung Galaxy Store USA. 'Glance AI is a perfect example of the kind of high-quality and unique content we strive to deliver. By using AI to personalize content and shopping directly on the lock screen, it brings a smarter, more dynamic experience that reflects the forward-thinking spirit of the Galaxy Store.' This collaboration paves the way for a mobile ecosystem that enables users to discover new styles and trends, transforming the smartphone into a dynamic center of styling and commerce. Glance AI begins its staged rollout today starting with popular Samsung handsets including Galaxy S22 plus, Galaxy S22 Ultra, Galaxy S23, Galaxy S23 Ultra, Galaxy S23 plus, Galaxy S24, Galaxy S24 Ultra, Galaxy S24 plus, Galaxy S24 FE, Galaxy S25, Galaxy S25 Ultra and Galaxy S25 plus. The rest of the device models and a full 100% scale are expected to be achieved within next 30 days. About Glance Glance is a consumer technology company, creating an industry-defining AI commerce platform to help consumers and businesses reimagine shopping using generative AI. Built on a proprietary AI architecture fusing predictive intelligence, neural visualization and real-time orchestration across devices from mobile, TV to apps, Glance AI is leading disruption in commerce. Glance is backed by Google, Jio Platforms, and Mithril Capital.
Yahoo
29-05-2025
- Business
- Yahoo
C3.ai Q4 Loss Narrower Than Expected, Revenues Rise Y/Y, Stock Up
AI witnessed a 12.3% rise in its share price during the after-hours trading session yesterday, following the release of fourth-quarter fiscal 2025 results. The company reported a narrower-than-expected loss and revenues surpassed the Zacks Consensus the fiscal fourth quarter, benefited from a strong technology partner base. The company closed 69 agreements through its partner network. entered into new and expanded agreements with ExxonMobil, U.S. Steel, Air Products, Bristol Myers Squibb, Signature Aviation, Curtiss-Wright, Cargill, Dow, Chanel, Ericsson and Heidelberg Materials. In the quarter under review, reported an adjusted loss of 16 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 20 cents. The company reported a non-GAAP loss of 11 cents in the year-ago quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Revenues of $108.7 million surpassed the consensus estimate of $108.3 million by 0.4% and increased 26% year over year. Inc. price-consensus-eps-surprise-chart | Inc. Quote fiscal fourth-quarter topline benefited from a strong subscription-based business model and increased demand for its Generative-AI and Enterprise-AI company's subscription revenues (80% of revenues) increased 9% year over year to $87.3 million. Professional service revenues (20%) surged to $21.4 million. In the reported quarter, the non-GAAP gross margin was 69% compared with 70% reported in the year-ago and development, and general and administrative expenses increased 15.4% and 36.6%, respectively, year over year to $58.4 million and $27.4 million. Sales and marketing expenses increased 11.8% year over year to $70.7 the fiscal fourth quarter, reported a non-GAAP loss from operations of $21.9 million compared with $14 million reported in the year-ago quarter. Total revenues in fiscal 2025 were $389.1 million, up from $310.6 million reported in fiscal loss from operations in fiscal 2025 was $52.4 million compared with $56.2 million reported in fiscal fiscal 2025, adjusted loss per share was 41 cents, down from 47 cents reported in the previous year. As of April 30, 2025, had total cash, cash equivalents and short-term investments of $742.7 million compared with $750.4 million at fiscal 2024-end. For first-quarter fiscal 2026, expects revenues between $100 million and $109 million. Non-GAAP loss from operations is anticipated to be $23.5-$33.5 fiscal 2026, expects revenues between $447.5 million and $484.5 million. Non-GAAP loss from operations is expected in the range of $65-$100 million. currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Toll Brothers, Inc. TOL reported second-quarter fiscal 2025 (ended April 30) results, with adjusted earnings and total revenues topping the Zacks Consensus Estimate. On a year-over-year basis, the bottom line grew while the top line quarterly performance reflects soft contributions from the Land sales and other segment, partially offset by growth in home sales revenues. The housing market uncertainties persist and are expected to elevate if the new tax regime is fully implemented, mainly hitting the homebuilding cost structure. Nonetheless, the company is optimistic about its long-term growth trend, backed by the shortage of housing and the favorable Industries Inc. DY reported better-than-expected results for the first quarter of fiscal 2026 (ended April 26). Contract revenues and adjusted earnings surpassed the Zacks Consensus Estimate. On a year-over-year basis, the top line grew while the bottom line quarter's performance reflects market demand strength driving the backlog growth, benefits realized from the company's business model and ongoing execution of its strategy. Also, contributions from the acquired businesses added to the uptrend. The company provided an upbeat fiscal second-quarter view and raised fiscal 2026 revenue Inc. WSM reported results for first-quarter fiscal 2025 (ended May 4), with earnings and net revenues beating the Zacks Consensus Estimate. The top line increased on a year-over-year basis. The company saw positive comparable sales, supported by stable forward, the company remains focused on product development and customer service while navigating ongoing macroeconomic and geopolitical uncertainties. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toll Brothers Inc. (TOL) : Free Stock Analysis Report Williams-Sonoma, Inc. (WSM) : Free Stock Analysis Report Inc. (AI) : Free Stock Analysis Report Dycom Industries, Inc. (DY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
