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Chief executives cannot shut up about AI

Since the launch in November of ChatGPT, an artificially intelligent conversationalist, AI is seemingly all anyone can talk about. Corporate bosses, too, cannot shut up about it. So far in the latest quarterly results season, executives at a record 110 companies in the S&P 500 index have brought up AI in their earnings calls.

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Source: Business - economist.com

Dealmaking has slowed—except among dealmakers

Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says