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via cnbc.comBusiness & Companies

Companies promised AI gains: here's how the payoff showed up in earnings

FROM THE WIRE · CNBC.COM

Santander, Novartis and other companies say AI is beginning to boost revenue, cut costs or improve profitability as investors seek returns.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralConcrete returns from AI investment in earnings matter for valuations across tech and large caps.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Santander and Novartis say AI is beginning to boost revenue.
  2. 02Other companies say AI is cutting costs or improving profitability.
  3. 03Investors are seeking returns on their AI investments.

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