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Exa Wants to be the Google for AI
The increased adoption of AI has led to a surge of new use cases across all industries. One such interesting use-case is being developed by San Francisco-based Exa which is trying build a search engine for AI.
Duolingo Empowers Lily with AI
According to a recent report, the global Online Language Learning Market is estimated to grow 13% over the next few years to reach $16.1 billion by 2032. Online language learning service provider Duolingo (Nasdaq: DUOL) recently announced their quarterly results that surpassed market expectations.
Cloud Stocks: MongoDB Focuses on AI Platform Development
MongoDB (NASDAQ: MDB) reported stellar third quarter results last week. However, sudden leadership changes and worries about a weak sequential growth sent the stock falling 8% in the after-hours session.
Cloud Stocks: Symbotic Leverages AI to Provide Warehousing-as-a-Service
The rise of AI in the recent past has exposed some interesting use-cases across industries. One such example is that of Wilmington, Mass.-based software and robotics maker Symbotic (NASDAQ: SYM), who has successfully leveraged AI to build an offering of Warehouses-as-a-Service.
Cloud Stocks: Veeva Accelerates AI Initiatives
Veeva’s (NYSE: VEEV) recently announced quarterly results continue to impress the market. Veeva is adding AI capabilities to several of its offerings as it continues to successfully migrate its customers over to Vault CRM.
Cloud Stocks: Salesforce Cashes in on the Agentic AI Market
Salesforce (NYSE: CRM) recently announced its third quarter results that beat the market expectations and sent the stock climbing 12%. According to a recent report, agentic AI is expected to reach $31 billion in 2024, with a potential to grow at 32% CAGR. Salesforce’s Agentforce offering is already reaping benefits from this growth.
Cloud Stocks: Analysis of Workday’s Evisort Acquisition
Enterprise services provider Workday (NASDAQ: WDAY) recently announced its third quarter results that surpassed market expectations. However, the weaker outlook for the final quarter sent the stock tumbling 11% in the after-hours trading session.
AI Unicorns: ClickUp Brings AI to Productivity Management
According to a recent report, the global productivity management software market was estimated at $59.88 billion in 2023. The industry is estimated to grow at 14.1% CAGR from 2024 through 2030. San Diego-based ClickUp is leveraging AI capabilities to make a big impact in the market.