Verizon CEO bullish on AI opportunities
by Mobile World Live
Mobile World Live— Verizon CEO Hans Vestberg highlighted the transformative potential for employing AI and generative AI across the operator’s network and for personalisation of tariffs as he discussed the operator's performance during Q1.
The Guardian—Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises. Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoilShares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed that profits had surged in the last quarter.Sundar Pichai, CEO, hailed the transition to artificial intelligence as a “once-in-a-generation opportunity” as his company races to integrate the technology across its business. Continue reading
PYMNTS.com—Verizon Focuses on AI Priorities as Customer Losses Slow. Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers during the first quarter of 2024. According to a report by CNBC, that was compared to a loss of 127,000 in the first quarter of last year. The company has said that its myPlan […]
Search Engine Land—Google CEO says AI overviews are increasing Search usage. Satisfaction with the AI overviews is increasing and Google will continue to evolve the experience this year, according to Sundar Pichai.