Tech companies like Amazon have been disrupting industries from retail to healthcare, and Daniel Pinto, head of the corporate and investment bank at JPMorgan Chase, said leaders should be prepared, according to CNBC.
Disruptors
Warren Buffet, the chairman and CEO of Berkshire Hathaway, admitted he regrets not investing in Google and Amazon earlier, according to CNBC.
Activist investors can single handedly change the direction of a company, creating a ripple effect that often has significant consequences for competitors and the greater landscape of a given industry.
Although there are still significant challenges hospitals must overcome before they adopt artificial intelligence across their operations, AI holds a lot of promise in healthcare, freelance journalist Larry Alton wrote in Venture Beat.
Cigna President and CEO David Cordani said Feb. 1 the insurer, as one of JPMorgan Chase's service partners, will still be involved with the financial services firm's health needs despite JPMorgan's recent healthcare announcement, according to CNBC.
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Microsoft Research on Feb. 1 established the Cortana Intelligence Institute in partnership with the company's Cortana Research team and RMIT University in Melbourne, Australia.
Seventy-three percent of C-suite executives and IT decision makers agree artificial intelligence has transformed the way they do business, according to a survey by IT consultancy Infosys.
Amazon opened a 1,800-square-foot convenience store in Seattle Monday without cashiers or registers, The New York Times reports.
Google unveiled the first class of startups for its artificial intelligence-focused accelerator, called Google Developers Launchpad Studio, according to a Nov. 1 company blog post.
While many analysts predicted CVS Health is in talks to buy Aetna to stay ahead of Amazon, industry experts are now attributing the proposed merger to another competitor — UnitedHealth Group, according to the Los Angeles Times.