Workday Co-CEO Carl Eschenbach Stresses Importance Of Responsible AI Use: 'Our Data Is Highly Curated'
Portfolio Pulse from Erica Kollmann
Workday, Inc. co-CEO Carl Eschenbach emphasized the company's commitment to responsible AI use at the World Economic Forum. He discussed Workday's collaboration with global regulators and addressed a lawsuit alleging discrimination by AI tools. Eschenbach stressed the quality of Workday's data used in AI models. Workday released a whitepaper on Responsible AI Governance, underscoring ethical AI development. Workday's stock closed 1.51% higher at $289.99.

January 19, 2024 | 10:07 pm
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Workday's co-CEO discussed the company's responsible AI use and addressed a lawsuit alleging AI discrimination. The company's commitment to ethical AI is reinforced by a new whitepaper, and the stock closed higher by 1.51%.
The positive emphasis on responsible AI use and the proactive approach to governance may reassure investors and customers, potentially mitigating the negative impact of the lawsuit. The stock's recent positive performance suggests a short-term optimistic outlook.
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