Monthly Archives: June, 2023

Mobvoi, the Beijing-based technology company, made history by becoming the first Chinese company to launch an AI-generated content IPO in Hong Kong. With six million registered users globally, the AI solutions provider reported total revenue of $70m in 2022 and raised $2.55bn from high-profile investors such as Google and Volkswagen.

Alibaba's DingTalk now offers AI functions like generating text, images, meeting notes, and chatbots. Access by typing /—Feishu is yet to test AI.

Goldman Sachs predicts that AI will automate two-thirds of current roles, boosting annual GDP by $7tn. NVIDIA, Microsoft, and Alphabet are soaring, with 15 buy-rated stocks for investors to consider.

Top-performing mega-cap companies like Apple, Nvidia, Alphabet, Microsoft, and Amazon are fueling the strong 2023 stock market performance. However, experts see optimism for the future even if these companies experience a decline. AI-software market predicted to boom $787B by 2026. Bank of America strategists have named top 20 stocks that will lead the market.

Salesforce CEO Marc Benioff anticipates generative AI to revolutionize the world beyond our imagination. Integrating OpenAI's ChatGPT into Slack, Salesforce aims to automate routine tasks, summarize conversations, and provide research tools. Gucci already employs AI to add a unique tone to customer service, simplifying communication and boosting efficiency. Benioff believes that generative AI will surpass any technological innovation of our lifetime.