The world of artificial intelligence (AI) is rapidly evolving, with significant advancements in AI infrastructure, applications, and security. In this news brief, we'll explore the latest developments in AI, from the growth of AI chip stocks to the increasing importance of AI in financial markets and the need for robust AI security measures.
AI Chip Stocks: AMD vs. Broadcom
In the world of AI chip stocks, Advanced Micro Devices (AMD) and Broadcom are vying for market share. AMD has been growing its data center CPU market share, while Broadcom is attacking the AI infrastructure market with custom AI chips. While AMD is the cheaper stock, Broadcom has a bigger opportunity in front of it with custom AI chips.
Cheap AI Stocks to Buy Now
Two cheap AI stocks to consider are Celestica Inc. and Taiwan Semiconductor Manufacturing Co. Celestica is a multinational electronics manufacturing services company that specializes in designing, engineering, and manufacturing products across critical growth areas such as AI data centers. Taiwan Semiconductor Manufacturing Co. is a leading chip maker that physically builds many of the most cutting-edge chips powering AI and other technological innovations.
AI Training for Grid Operators
Utilities and tech companies are working together to bring more artificial intelligence to the electric grid. The Electric Power Research Institute (EPRI) has formed an Open Power AI Consortium with membership spanning the largest utilities and tech companies. The consortium aims to find artificial intelligence solutions to increasingly complex issues on the electric power grid.
Microsoft Stock: A Wide Moat Is Not Enough
Microsoft faces high valuation multiples and downside risks, despite a 20% decline from all-time highs and strong fundamentals. The current economic cycle and high valuation multiples signal caution, and the stock market is near its peak, posing additional risks.
Failed Writer's Journey: Meta's Theft of Books
Meta's theft of books and articles to train their imitative AI has been a major concern. The company knowingly used material from a database of pirated works called LibGen, highlighting the need for robust AI security measures.
AI-Powered Fixed Income Trading
Artificial intelligence is transforming the financial industry at an unprecedented pace, enhancing operational efficiency, optimizing decision-making, and driving significant revenue growth. The Automated Bond Quoting System (Autoquoter) is a groundbreaking solution that utilizes advanced machine learning algorithms to automate the pricing of low-value client tickets.
AI + DPI: Artificial Intelligence – The Next Frontier in Digital Public Infrastructure
The U.K. Government has unveiled an ambitious strategy aiming to position the nation as a global leader in AI technology. The strategy outlines significant investments in AI infrastructure, regulatory frameworks, and talent development to harness AI's transformative potential across various sectors.
Understanding AI Vulnerabilities
As artificial intelligence capabilities evolve, so too will the tactics used to exploit them. One major security concern is the susceptibility of AI to "adversarial attacks
Sources
- Better AI Chip Stock: AMD vs. Broadcom
- 2 Cheap Artificial Intelligence (AI) Stocks to Buy Now and Hold Forever
- AI training for grid operators is new research target
- Microsoft Stock: A Wide Moat Is Not Enough (NASDAQ:MSFT)
- Failed Writer's Journey: Meta's Theft of Books
- Tesla roundup: Elon Musk rallies the troops, record level of trade-ins, can embodied AI save the day?
- Turning Data To Dollars: AI-powered Fixed Income Trading To Maximize Revenue
- AI + DPI: Artificial Intelligence – The Next Frontier in Digital Public Infrastructure
- Understanding AI Vulnerabilities
- How the UK is investing in AI infrastructure?