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Why Is Salesforce Stock Rising? Unpacking What's Next For CRM

If you tend to spend any time analyzing stock market data , you may have been struck by the sudden surge in Salesforce shares on Tuesday morning. Per reports, the shares saw a more than 12 percent single-day rise as Salesforce’s third-quarter earnings were reported in full. Not only did the corporation, listed as CRM on the New York Stock Exchange , manage to out-earn their Q3 projections in 2024, their recent pivot to artificial intelligence has led analysts to project significant additional growth in quarter 4 and beyond. Expectations for fourth-quarter sales have now been reported at highs of over $10 billion. Though these figures seem massive in scope, some analysts have successfully predicted this rise, as Salesforce has been on a financial uptick throughout all of 2024. To understand why these figures are significant, and what this means for the Salesforce market moving forward, we’ll have to take a brief look at the company’s existing business model, financial structure, and...

Dec 5, 2024

Will.i.am Believes 'True Creatives' Who Are Not Chasing The Algorithm Will Fair Well With The Rise Of Artificial Intelligence

Will.i.am believes creatives will continue to stand the test of times in the midst of artificial intelligence (AI). One Step Ahead In Technology The rapper and singer-songwriter has been ahead of the curve of technology for quite some time. As AFROTECH™ previously reported, he was an early investor in Beats Electronics and even incorporated their technology in the Black Eyed Peas’ “Boom Boom Pow” music video 15 years ago. He reportedly made a fortune from the investment when Apple acquired Beats Electronics and Beats Music for an amount nearing $3 billion. Will.i.am’s interests in technology have only widened since then. He invested in machine learning startup Inflection AI, and through a private investment group he has invested in additional companies empowered by AI such as: Udio Anthropic OpenAi Runaway FYI (Focus Your Ideas) He is also leading change through his own company FYI (Focus Your Ideas). As AFROTECH™ previously reported it is an AI-driven collaboration platform created...

Sep 27, 2024

How Actress Tia Mowry Leans Into AI With Her Entrepreneurial Endeavors

Tia Mowry is venturing into the realm of artificial intelligence and wants to encourage others to explore its endless possibilities. With decades of experience as an actress in Hollywood, Mowry has diversified her influence by inviting the world into her interests, using entrepreneurship as a vessel. She is the proud owner of haircare line 4U by Tia, which launched in 2023 across 2,800 Walmart retail stores in the U.S. and on Walmart.com, according to a press release. 4U by Tia’s products were made with the help of biotechnology company Amyris and are 100% vegan, silicone-free, sulfate-free, and paraben-free. The products cater to hair types ranging from 2A to 4C, which was an intentional decision by Mowry, who is also the mother of son Cree and daughter Cairo, both with different hair textures. View this post on Instagram A post shared by 4U By Tia (@4ubytia) Beyond the haircare line, Mowry also has a passion for cooking, which is on full display on her YouTube channel, “Tia...

Aug 7, 2024

Could This New Viral AI-Powered Pendant Become Your New Friend?

An artificial intelligence (AI) developer wants to make his next creation your next bestie. Some young people have imaginary friends. Television shows and movies like “Barney & Friends” and “Toy Story” brought the concept of imaginary friends to screens and may have even created nostalgia for that feeling. Avi Schiffmann is turning that feeling into reality with a device he calls “friend” that he promoted on X (formerly Twitter). The video in the post , which has garnered 22.5 million views at the time of writing, shows users with a wearable pendant engaging in a detailed conversation via a chat prompt on their mobile phones. The users press the button on the pendant, which responds to what the person says and is constantly listening to find prompted and unprompted ways to communicate with the user. Although AI fuels the pendant, the company’s website says friend is not imaginary. The product was birthed out of the 21-year-old founder’s personal need for connection. “friend is an...

Aug 1, 2024

Will The Advancement Of AI Replace Writers Soon?

The rapid advancement of AI technology has led significant companies like Google and Apple to incorporate AI tools to fast-track labor. As corporations globally embrace AI to enhance efficiency and reduce costs, its integration has significantly advanced numerous sectors. However, the growing reliance on AI presents challenges, particularly in industries involving the arts, such as writing. This article explores AI’s current writing capabilities and potential impact on the writing profession. AI’s Writing Capabilities AI tools are becoming increasingly sophisticated and capable of generating written content across various formats. These tools use prompts derived from written works, photographs, and videos, continually improving their output quality. Here are some ways AI is currently used in writing: School Papers Books Articles Songs Emails Texting Social Media AI can quickly correct punctuation and grammar, producing polished written formats for users. This technology’s efficiency...

Jul 26, 2024

The Best AI Tools To Use In 2024

Artificial intelligence is now a major part of our daily lives, shaping how we interact with technology personally and professionally. Businesses, in particular, are beginning to use AI tools to streamline operations and enhance efficiency on daily tasks. With platforms like ChatGPT on the rise, AI is not just about optimizing existing workflows; it can also open doors to new business opportunities. As organizations and professionals continue to explore the capabilities of AI, we’re witnessing a shift in how businesses operate and compete in the global marketplace . As these changes continue, embracing these advancements and the tools available to make your skills sharper in the workplace is important. The Increase Of AI In The Workforce With most companies already utilizing AI in some capacity, its adoption continues to expand in our day-to-day roles. Businesses across industries, from small startups to corporations, are beginning to use AI tools and shortcuts to reach their goals....

Mar 1, 2024

The Dead Internet Theory Is Just As Scary As It Sounds

If you spend most of your time online, you may have experienced the Dead Internet Theory; a speculative concept suggesting that bots and algorithms generate most internet content, marginalizing genuine human engagement and communication. According to this theory, algorithmic curation dominates the digital landscape, forcing organic human activity to the sidelines. But what’s behind this theory, and how does our growing reliance on artificial intelligence play into it? What Is The Dead Internet Theory? We now exist in an increasingly digital world where the idea of stumbling upon something new and organic fades away, and algorithms predict our every move before we even make it. That’s the essence of Dead Internet Theory. The fun of exploring the internet has already started disappearing as AI learns what we want online, limiting the organic material we can view. A few users on X, formally known as Twitter , are worried that this trend will continue and might lead to the downfall of...

Mar 1, 2024

Myavana Secures A Retail Partnership With Ulta Beauty To Bring Advanced Hair AI Analysis Technology To Costumers

A new partnership between Myavana and Ulta Beauty could revolutionize the retail experience for the textured hair community.

Jan 12, 2024

Will.i.am Set To Launch A SiriusXM Show Focused On AI Innovation To Educate The Public About The Technology

will.i.am has plans to start the new year off with diving deeper into his interest in technology.

Dec 14, 2023

U.S. Senator Chuck Schumer Says He's On A Mission For Congress To Help Eliminate Racial Bias In AI

From the looks of the current state of artificial intelligence (AI), it’s not going anywhere for the foreseeable future. It’s for this reason that people have been sharing statistics on how harmful its bias can be. According to a 2021 report from the American Civil Liberties Union (ACLU), AI tools — built by humans — have been found to worsen discriminatory practices against marginalized groups such as housing discrimination.

Nov 16, 2023

AFROTECH Conference 2023: ServiceNow's Karen Pavlin Breaks Down How To Make AI Your Moment To Thrive

The conversation around artificial intelligence (AI) and its impact on society has been the talk of the town lately, and one woman is here to ensure that the Black community is able to reap the benefits.

Nov 15, 2023

With The Rise Of AI, 4.5 Million Jobs Performed By Black Americans Could Be Disrupted By 2030, Report Says

As there is already a lesser amount of Black professionals compared to their counterparts across industries, it may come as no surprise that they are feeling apprehensive about the trend of artificial intelligence (AI).

Nov 8, 2023

You May No Longer Have To Attend Meetings That Could've Been An Email With Google's New AI Tool For Meet

Constantly having back-to-back meetings can make it a challenge to complete tasks during the workday. Google Meet is working to play a role in resolving this issue.

Aug 29, 2023

LL Cool J Believes That AI Will Become A Problem If People Are Afraid Of The Tool

Ahead of Hip-Hop’s 50th birthday on Aug. 11, LL Cool J’s Rock The Bells threw the genre a celebration packed with unforgettable moments. Hosted on Aug. 5 at Forest Hills Stadium in Queens, NY, the Rock The Bells Festival’s lineup included Hip-Hop pioneers such as Queen Latifah, who brought out surprise guests Naughty By Nature, Big Boi, Remy Ma, and more. Another performer who hit the stage was Swizz Beatz and friends — one of them being Beanie Sigel.

Aug 8, 2023

Netflix Introduces AI Related Roles Paying Nearly $1M While Actors And Writers Protest For A Livable Wage

A little while ago, social media was buzzing with people creating photos of themselves and their hypothetical children using the power of artificial intelligence (AI). While that moment was for kicks and giggles, the power of AI is showing up more, making a permanent space in corporate America with tools like ChatGPT. And with the seemingly unlimited expansion of technology’s innovation, the power of AI is slowly limiting employment opportunities for humans. Netflix is currently offering high six-figure paying jobs for AI experts to step in amid the current writer’s and actor’s strike.

Jul 28, 2023