Shares of the U.S. drugmaker have lost 11% of their value this year on worries over its growth after the pandemic as billions of dollars in COVID vaccine and treatment sales evaporated. Pfizer reiterated its annual revenue forecast of $8 billion from the sale of COVID-19 shot Comirnaty and anti-viral treatment Paxlovid. Revenue from Comirnaty, for which it partners with Germany's BioNTech, continues to perform consistently with its expectations, Pfizer said.
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.
Students sitting for the STAAR exam throughout the state of Texas will have their written answers automatically graded by artificial intelligence. The development comes as some fear AI could significantly affect education in the near future. The exam — provided by the Texas Education Agency — will use an "automated scoring engine" to help grade open-ended questions on the State of Texas Assessment of Academic Readiness for writing, reading, science, and social studies. The move is a step...
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.
Alethea AI launched its emotive and expressive AIs on Coinbase’s BASE blockchain to bring AI agents to consumers and businesses.
Vercel acquires ModelFusion.dev and launches AI SDK 3.1, offering a comprehensive framework for enterprise AI development with TypeScript.
MongoDB has launched its AI Applications Program, offering software and consultancy to organizations struggling to build and deploy AI apps.
Meta's first-quarter earnings report reveals the company's AI plans are costing more than anticipated.The tech giant is upping their estimate of capital expenses and expects the increase to continueas it invests "aggressively" in "AI research and product development efforts."The expenses are expected to be roughly $5 billion more than the original estimate, reaching between $35 and $40 billion. The original prediction was between $30 billion and $37 billion.Meta's minimum estimate for full-year...
Reddit this week announced the beta launch of Dynamic Product Ads, a new advertising solution designed to help e-commerce brands connect with highly engaged consumers at the point of purchase.
Five practical tips for transitioning from a keyword-focused approach to a customer-centric and product-led SEO strategy.
NANTICOKE, LUZERNE COUNTY (WBRE/WYOU) — All over the country we have been seeing high school graduates opt for certifications or shortened degrees more than ever. It's certainly a great option and a local community college is taking advantage of the trend, showcasing its two-year programs in an open house Wednesday night. 28/22 News Reporter Emily []
During its Team ’24 conference in Las Vegas, Atlassian today launched Rovo, its new AI assistant. Rovo can take data from first- and third-party tools and make it easily accessible through a new AI-powered search tool and other integrations into Atlassian’s products. The most interesting part, though, may be the new Rovo Agents, which can […] © 2024 TechCrunch. All rights reserved. For personal use only.