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  • AI
  • zoom
Zoom lifts revenue forecast on growing demand for AI tools used in hybrid work - ctrlf5
Zoom lifts revenue forecast on growing demand for AI tools used in hybrid work

Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-enhanced collaboration tools, particularly in hybrid work environments. The company also announced that Kelly Steckelberg, its Chief Financial Officer, will be stepping down from her role. Following the announcement, Zoom’s shares saw a 3% increase in after-hours trading. The […]

  • AI
  • textbook
South Korea’s AI textbook program faces skepticism from parents - ctrlf5
South Korea’s AI textbook program faces skepticism from parents

Some parents are expressing concerns about the South Korean government’s plans to introduce AI-powered tablets into classrooms, as reported by The Financial Times. These tablets are set to be rolled out next year, with a goal of having teachers use AI-enhanced textbooks for nearly all subjects, except for music, art, physical education, and ethics, by […]

  • alexa
  • amazon
As Alexa turns 10, Amazon looks to generative AI - ctrlf5
As Alexa turns 10, Amazon looks to generative AI

Amazon has long been losing money on its Echo smart speakers—a fact that has been an open secret since Alexa‘s launch. This approach reflects a loss leader strategy that only a company of Amazon’s scale could sustain for so many years. Selling hardware at a loss isn’t a new tactic; it’s a strategy that has […]

  • ChatGPT
  • OpenAI
ChatGPT’s mobile app just had its biggest month yet - ctrlf5
ChatGPT’s mobile app just had its biggest month yet

The introduction of OpenAI’s latest GPT-4o “omni” model in May has significantly boosted ChatGPT’s app revenue. Following the model’s launch, the mobile version of OpenAI’s chatbot experienced its most successful month to date, generating $28 million in net revenue from the App Store and Google Play in July, as reported by app analytics firm Appfigures. […]