08:20:50 EDT Sat 18 May 2024
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or Name
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Meta CDR (CAD Hedged)
Symbol META
Shares Issued 5,550,000
Close 2024-01-10 C$ 20.87
Market Cap C$ 115,828,500
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Globe/CP say Meta, rivals see AI transforming business

2024-01-11 07:56 ET - In the News

Also In the News (C-GOOG) Alphabet Inc CDRs (CAD Hedged)
Also In the News (C-MSFT) Microsoft CDR (CAD Hedged)

The Globe and Mail reports in its Thursday, Jan. 11, edition that OpenAI's ChatGPT's debut kick-started a race between tech titans to innovate with artificial intelligence and inspired other firms to consider how the tech could transform their businesses. A Canadian Press dispatch to The Globe reports that now job listings show companies, including prominent firms such as Qualcomm and J.D. Power, have all been soliciting applications for interns, consultants, engineers, scientists and prompters with AI and machine learning skills. Many, however, believe AI's impact on hiring is still a long way from its peak. Employment search website Indeed found generative AI was mentioned in 0.07 per cent of Canadian job postings at the end of November. However, 17 per cent of postings for machine learning engineers specifically and 5 per cent of data scientist jobs mentioned generative AI. Indeed economist Brendon Bernard says, "I'd be surprised if [generative AI in job postings] doesn't keep growing and we don't see it in more and more job types." A September study from Deloitte found when one analyzes per capita venture capital investments in AI, Canada ranks third among G7 countries, trailing only the U.S. and U.K.

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