Enthusiasm around artificial intelligence has seemed to provide the much-needed boost to technology stocks this year after a difficult 2022. But the growth sector isn't the only industry poised to benefit from the emerging tools, and many companies beyond have already begun showcasing the ways AI is transforming their businesses.
Medical equipment company ResMed , for example, highlighted in a Thursday earnings call the early rollout of its ComplianceCoach tool, which harnesses sleep and respiratory data to predict and identify patients who may struggle to follow therapy. Meanwhile, Intuitive Surgical said early feedback regarding its Case Insights AI program aimed at providing hospitals and care teams with insights into ways they can improve their techniques, or procedures, has been "very good.