Soon, your dining complaint may be handled by an AI

Published by
Relaxnews

By jittawit.21 / Getty Images From developing recipes to guiding robots cooking French fries, the role of artificial intelligence in the restaurant industry continues to grow. But it could really change things up in the World of food in the area of customer relations — for instance as consumers place their drive-thru orders or post reviews of their meal online. From developing recipes to guiding robots cooking French fries, the role of artificial intelligence in the restaurant industry continues to grow. But it could really change things up in the World of food in the area of customer relatio… Read More “Soon, your dining complaint may be handled by an AI”

AWS Selected as Southwest Airlines’ Preferred Cloud Provider

Published by
Cerebral Overload

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Southwest Airlines Co. (NYSE: LUV) has selected AWS as its preferred cloud provider as the airline advances its digital transformation initiative. This large-scale modernization with AWS is part of the airline’s long-term plan to enhance the passenger journey, optimize operations, and efficiently invest in information technology (IT) infrastructure. “As our preferred cloud provider, AWS will offer solutions that are critical in our drive to modernize our operation, equip our employees with the too… Read More “AWS Selected as Southwest Airlines’ Preferred Cloud Provider”

A Struggling Tech Giant Could Be Headed For Liftoff Soon, Analyst Argues

Published by
The Street

By Danni Button It’s time to invest in a beaten down name, Oppenheimer analyst argues. Shares of one of tech’s biggest names have come under relentless pressure over the past year as its CEO pursued a quixotic quest to develop the next big thing. But that slide may finally have hit bottom, one analyst argues. Oppenheimer analyst Jason Helfstein’s annual price target indicates that Meta Platforms (META) – Get Free Report could see as much as a 27% jump in stock price over the coming year. His conclusion comes as a result of Meta’s big investments in artificial intelligence and initiatives to cu… Read More “A Struggling Tech Giant Could Be Headed For Liftoff Soon, Analyst Argues”

OpenAI to enable more customizations for enterprise and individual users

Published by
Reuters UK

By Krystal Hu (Reuters) – OpenAI, the creator of the buzzy chatbot ChatGPT, will release tools to give users more control over the generative AI system, while improving the models for both general and specific use cases, its CEO Sam Altman said Thursday. Speaking to investors at a Morgan Stanley conference, Altman said the AI company will focus on building a platform that sells APIs to others and creates killer apps like ChatGPT. Since its launch in November, ChatGPT’s popularity has surged as traffic to the site hit more than 1 billion visits, up from 616 million in January, according to Simi… Read More “OpenAI to enable more customizations for enterprise and individual users”

Is Chip Design Specialist Synopsys A Gem Hiding In Plain Sight?

Published by
ValueWalk

Chip software maker Synopsys has been forming a potentially constructive consolidation since its first-quarter earnings report on February 15.On February 23, Synopsys initiated an accelerated $300 million share buyback program, to be completed before May 12.Analysts have a “moderate buy” rating on the stock.Wall Street expects double-digit earnings growth in 2023 and 2024.5 stocks we like better than SynopsysShares of chip design software maker Synopsys Inc. (NASDAQ:SNPS) have been forming a potentially constructive consolidation since its first-quarter earnings report on February 15. Q4 2022 … Read More “Is Chip Design Specialist Synopsys A Gem Hiding In Plain Sight?”

Hackers to Ramp Up Their Game During March Madness

Published by
The Street

By Ellen Chang A surge in cyber attacks is expected as curiosity and betting rises in March Madness, the college basketball tournatment. The popularity surrounding March Madness and fans participating in NCAA brackets makes diehard and casual college basketball and betting fans easy targets for cyber criminals. Fraudsters are on the prowl as betting pools launch and discussions about which universities and colleges will advance in the NCAA tournament increase. DON’T MISS: Hackers, Phishing And Scams Prepped for the Super Bowl Consumers and employers should expect a surge in cyber attacks durin… Read More “Hackers to Ramp Up Their Game During March Madness”

Rising Inflation: How Will Retirees Get Through Life

Published by
ValueWalk

The U.S. has gone through massive crises that put a lot of households and businesses at rock bottom. It’s been over a decade since the Real Estate Bubble and the Great Recession. Yet their impact has been unforgettable. These are only two unforeseen events that sparked a surge of bankruptcies. And roughly a year before the pandemic, millions of Americans struggled to recover. In 2020, the pandemic crisis transpired and scourged the U.S. economy. The restrictions led to limited operations across industries and overwhelming cash burns. In turn, millions of businesses had to shut down, either tem… Read More “Rising Inflation: How Will Retirees Get Through Life”

New York Fed model finds inflation pressures more persistent than thought

Published by
Reuters

By Michael S. Derby (Reuters) – In another setback for the Federal Reserve’s inflation fight, data showing inflationary pressures cooling in recent months were in fact a mirage, and show underlying price pressures actually have been accelerating. The new findings out Thursday from the New York Fed add a fresh complication to the monetary policy outlook and could help reinforce the view that aggressive Fed rate hikes have yet to make the needed dent in price pressures. That, in turn, could drive the central bank to go even further with rate increases over time. The New York Fed report focuses o… Read More “New York Fed model finds inflation pressures more persistent than thought”

US weekly jobless claims post largest rise in 5 months; labor market still tight

Published by
Reuters

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased by the most in five months last week, but the underlying trend remained consistent with a tight labor market. Part of the larger-than-expected rise in claims reported by the Labor Department on Thursday reflected a surge in applications in New York state, which some economists attributed to a mid-winter school recess from Feb. 20-24. There was also a sharp rise in filings in California. “Even after factoring in the latest increase, jobless claims are exceptionally low by histo… Read More “US weekly jobless claims post largest rise in 5 months; labor market still tight”

Stocks Settle Sharply Lower as Bank Stocks Plunge

Published by
Barchart

What you need to know… The S&P 500 Index ($SPX) (SPY) Thursday closed down -1.85%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.802%. Stock indexes Thursday relinquished early gains and sold off sharply, with the S&P 500 falling to a 1-1/2 month low and the Dow Jones Industrials tumbling to a 4-month low. Concerns about the U.S. banking sector weighed on bank stocks Thursday after Silvergate Capital plunged more than -42% after the company said it plans to wind down operations and liquidate its bank. Also, SVB Financial… Read More “Stocks Settle Sharply Lower as Bank Stocks Plunge”