Yahoo's Turnaround with AI Focus
Yahoo, once a major internet company, is undergoing a turnaround led by CEO Jim Lanzone, focusing on leveraging AI in key products like Yahoo Finance and Sports. The company has divested underperforming units, made strategic acquisitions, and brought in top talent. Yahoo is betting big on AI, with initiatives like acquiring Artifact, an AI-powered news aggregator, and plans to reinvent Yahoo Finance using AI. The company is considering potential paths forward, including an acquisition, IPO, or remaining private.