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Optical networking equipment supplier Ciena's (NYSE: CIEN) stock price has had a rough 2025, dropping 24% as of this writing. The demand for Ciena's optical networking equipment improved thanks to increased demand for fast networking speeds in artificial intelligence (AI) data centers.
Faced with these challenges, financial services organisations are turning to the transformative power of artificial intelligence (AI) and GenAI to help them adapt to market shifts, automate processes, deliver cost efficiencies, offer personalised services at scale, and restore their competitive edge.
Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.
Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and
The US is going all-in on AI, with spending projected to hit a massive $120 billion by the end of 2025, a 26% annual gro
CCC Intelligent Solutions had another record year in 2024, and this year will continue its focus on growing artificial intelligence-powered products for the insurance and collision repair
DBS Bank to cut 10% workforce in 3 years as AI takes over key operations, with CEO Piyush Gupta outlining the impact of automation on banking jobs
C3.ai, Inc. is riding the AI coattails from Palantir Technologies, but the relative value is remarkable. Click here to read an analysis on AI stock now.