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The use of artificial intelligence technologies has increased visibly in recent years. Many companies, especially technology companies, continue to benefit from the benefits of artificial intelligence for a long time.
With the end of the second quarter, many companies are making statements about artificial intelligence in their earnings report statements.
According to a report published by Reuters, the rate of giant technology companies to mention artificial intelligence in their second quarter earnings report announcements has increased considerably compared to the previous quarter.
AI adoptions are rampant
Alphabet, Intel, Microsoft and Meta are among the S&P 500 companies that are leading the discussion about artificial intelligence. In addition, companies such as Cadence Design, IBM, ServiceNow, Moody's and Omnicom have increased their rates of mentioning artificial intelligence.
According to research, Intel mentioned artificial intelligence 15 times in its first quarter earnings report announcements, while it increased this figure to 58 in the second quarter. Alphabet mentioned this technology a total of 62 times in its earnings report announcements in the second quarter, while Microsoft reportedly mentioned it 58 times.
On the other hand, artificial intelligence technologies are not only on the radar of technology companies. The excitement encompassing artificial intelligence in the first two quarters of the year also reportedly helped drive a 37 percent increase in the Nasdaq, Reuters reported.
However, the fact that artificial intelligence does not fall into the mouth of companies is in direct proportion to the tendency of the market to this technology. As it is known, Microsoft, Google and OpenAI established the Frontier Model Forum on July 26 to regulate the development of artificial intelligence.
In addition, Microsoft, Google, and OpenAI, with the contribution of Meta, have pledged to the US Government that they will carry out artificial intelligence developments in a transparent and secure manner.
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