That's the largest share of companies to mention the technology since at least 2016. As of last Friday afternoon, with half of S & P 500 companies having reported earnings, about one-quarter had mentioned AI at one point in their quarterly calls with analysts. "Our investments and breakthroughs in AI over the last decade have positioned us well," Pichai said at a different point in the call with analysts. The Google parent company launched Bard, an AI-powered conversational chatbot, this year, while management noted it has used a form of AI for over a decade in its advertising business. "Across the company, we are excited about helping people, businesses and society reach their full potential with AI," Alphabet CEO Sundar Pichai told analysts last week. This trend is becoming especially more prominent in Big Tech. ![]() Bank of America's Savita Subramanian also noted that AI mentions are currently up more than 85% from the year-earlier quarter, with additional mentions expected from companies that have yet to report. More companies in the S & P 500 have mentioned AI in calls with analysts in the first half of this earnings season than any prior quarter in the past several years, according to data analyzed by CNBC. And some have noted they've been using AI for years, putting them ahead of competitors as the corporate appetite for the technology grows. are reporting using the technology to improve services ranging from advertising to customer service to curbing credit card theft. Leaders at the largest publicly listed companies in the U.S. AI has surged in popularity this year as the launch of chatbots opened the floodgates for regular people to better understand and interact with machine-learning technology. Personal Loans for 670 Credit Score or LowerĮxecutives at some of America's largest companies are increasingly focused on artificial intelligence - and it's a theme that expands beyond the boundaries of Big Tech. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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