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X @Bloomberg
Bloomberg· 2025-07-11 14:12
Some Microsoft investors are pressuring the company to assess how effectively it identifies customers who misuse its AI tools, a push that follows reports detailing the Israeli military’s use of Microsoft software during its war in Gaza https://t.co/u6XqCdIv6Y ...
X @TechCrunch
TechCrunch· 2025-07-07 19:57
AI Procurement Challenges - Organizations are facing challenges in vetting new AI tools due to the rapid pace of innovation [1] - Traditional procurement pipelines are often surpassed by newer AI tools [1] Brex's Approach - Brex has adopted an unorthodox procurement process by embracing the "messiness" of the AI era [1] - Brex is increasing team members' autonomy in choosing and experimenting with AI tools [1] Key Takeaway - Companies can learn from Brex's approach to AI tool procurement [1]
X @Forbes
Forbes· 2025-07-03 15:20
RT Rashi Shrivastava (@RashiShrivast18)Inside the latest Prompt: Former Meta AI staffers tell me they don't think multi-million dollar pay packages are enough to build a superstar AI team. Plus, people are using AI tools as "trip sitters" while consuming psychedelics.https://t.co/ZNZpw4nT5F ...
X @Bloomberg
Bloomberg· 2025-06-27 07:36
Babbel’s new CEO says he’s focused on expanding the company’s language-learning product to include emerging AI tools, and he doesn’t intend to revive its IPO https://t.co/KxaqUUuf5k ...
Hertz Faces Tough Road Ahead, Analyst Says Earnings Recovery Unlikely Before 2026
Benzinga· 2025-05-14 18:30
Core Viewpoint - JPMorgan analyst Ryan Brinkman maintains an Underweight rating on Hertz Global Holdings, indicating concerns about the sustainability of the company's earnings despite recent partnerships and pricing strategies [1][3]. Financial Performance - Hertz reported first-quarter revenue of $1.81 billion, which fell short of the $2 billion analyst consensus, marking a 13% year-over-year decline [4]. - The company also experienced a first-quarter adjusted loss of $1.12 per share, compared to an expected loss of 97 cents per share [4]. Earnings Outlook - Brinkman suggests that while Hertz may appear undervalued based on normalized earnings, the company is not expected to reach those levels until after 2026 [3]. - The company is projected to generate negative free cash flow in 2024 and 2025, which will limit its ability to repurchase shares at current lower prices [3]. Operational Initiatives - Hertz is making progress on cost efficiency initiatives, including partnerships with technology firms aimed at enhancing customer experience and operational productivity [5]. - The company is implementing improvements to its revenue management system and deploying AI tools for vehicle inspection and pricing optimization [5]. - Management has reaffirmed expectations for the progression of EBITDA throughout the year [5]. Market Reaction - Hertz shares are trading lower by 2.88% to $5.60 at the time of publication [6].