Adobe posted better-than-expected financial results for its latest quarter and improved its outlook for the full fiscal year, extending a rally that had already sent its stock price up 42% since mid-May. The ongoing rally reflects growing investor confidence that generative AI will spur growth at Adobe, rather than pose a new competitive threat to … Read more
David Ricks, CEO of Eli Lilly. Eli Lilly Biotech and pharmaceutical companies are considering how AI could improve their businesses. The Eli Lilly CEO said he expects AI to massively change workplace productivity. The pharmaceutical giant is investing in AI, machine learning and automation. This story is part of “What’s Next?”, a series in which … Read more
Austin-based Tesla CEO Elon Musk is no stranger to electrification and the power needed to charge a vehicle battery or power a home. As the electric transportation and other green industries grow, the billionaire predicted that the demand for more energy will increase “exponentially” and urged the energy industry to prepare accordingly, during a keynote … Read more
