UiPath’s Revenue Forecast Beats Expectations
UiPath’s full-year revenue forecast came ahead of estimates. The software company posted a 10% revenue growth and an upward revision to its recurring revenue forecast amid a CEO transition and job cuts. Ashim Gupta, UiPath CFO and COO, joins Ed Ludlow and Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to…
Bloomberg Technology
Why the AI Backlash Is Getting Worse
A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…
Bloomberg Technology
UK Executives See More AI Job Cuts
Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit. Irina Anghel explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get…
Bloomberg Technology
NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says
Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…
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@yashvashistha7804
September 6, 2024 at 3:09 pm
It’s Indians running companies in usa.
@np494609
September 6, 2024 at 9:10 pm
UiPath is not growing, their flagship product (RPA) is being rendered obsolete by AI. They’re a one trick pony, and sure they’re good at it, but I don’t see how they can consistently grow with that one product. Their stock has performed terribly over years, so my guess is they try to get acquired by one of the big platforms.
@JohnCorrUK
September 7, 2024 at 7:25 am
Not sure Ashim answered question as to why clients won’t switch to AI