AI technology has been shown to have a major impact on boosting the financial performance of companies, ultimately leading to higher stock prices. In an interview with Nasdaq TradeTalks, Martin Rand, Co-Founder and CEO of Pactum AI detailed how AI technology can increase companies’ bottom lines. AI technology enables businesses to perform complex tasks with greater speed, accuracy, and efficiency, ultimately resulting in cost savings and increased productivity. According to Rand, businesses that choose not to adopt this technology risk falling behind their competitors who are leveraging AI to optimize their operations.
AI Advances Boost Company Profits and Stock Prices
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