Robots cause company profits to fall—at least at first
Researchers have found that robots can have a 'U-shaped' effect on profits: causing profit margins to fall at first, before eventually rising again.
Aug 3, 2023
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118
Business
Researchers have found that robots can have a 'U-shaped' effect on profits: causing profit margins to fall at first, before eventually rising again.
Aug 3, 2023
2
118
Robotics
After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon Musk announced the latest frontier he's aiming to conquer: humanoid robots.
Aug 20, 2021
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1781
Business
Nvidia edged ahead of other tech companies Tuesday to become the world's most valuable publicly traded company in the latest sign of the might of artificial intelligence.
Jun 18, 2024
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Hardware
Taiwanese tech giant Foxconn said Friday its global market for artificial intelligence servers is expected to increase to 40 percent this year, with AI products being the main driver for growth.
May 31, 2024
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4
Business
Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry.
May 23, 2024
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11
Business
Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies.
May 16, 2024
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1
Business
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.
May 3, 2024
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1
Business
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.
Apr 30, 2024
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47
Business
Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year amid recovering chip prices and growing demand, notably for generative AI.
Apr 30, 2024
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9
Business
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.
Apr 25, 2024
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1
Profit generally is the making of gain in business activity for the benefit of the owners of the business. The word comes from Latin meaning "to make progress," and is defined in two different ways, one for economics and one for accounting.
Profit may also refer to:
Profit is the surname of the following people:
This text uses material from Wikipedia, licensed under CC BY-SA