The world of artificial intelligence continues to evolve at a rapid pace, with breakthroughs in various sectors and industries. In this news brief, we'll delve into the latest developments in AI, from its application in healthcare and energy to its impact on the stock market.
AI Stock Surges On Upbeat Sales Views; Is AI Stock A Buy Now?
C3.ai (AI) has been on a rollercoaster ride, plummeting 10% after announcing quarterly earnings but reversing higher on Tuesday. Despite the fluctuations, investors are still wondering if AI stock is a buy or sell now. The stock has recovered from a rout in artificial intelligence stocks late January but has given back those gains now.
Bunkerhill, Cleerly partner on AI-driven tech for CAD
Bunkerhill Health and Cleerly are partnering to expand access to their FDA-cleared software for coronary artery disease (CAD) diagnosis and assessment. The partnership will integrate their AI-enabled technologies for early detection and risk assessment of CAD. This collaboration will provide two-way value for customers, expanding the ability to assess patients who have been flagged for significant coronary calcium burden.
AI now ‘analyzes’ LA Times articles for bias
The Los Angeles Times is now using AI to add a “Voices” label to articles that take “a stance” or are “written from a personal perspective.” However, the change has already generated some questionable results, with the AI tool claiming that a story about the danger of unregulated AI in historical documentaries “generally aligns with a Center Left point of view.”
Microsoft AI powers a new energy future
Global energy leaders are turning to the power of data and AI for streamlined workflows, more efficient operating systems, and better performing assets. Microsoft is prioritizing this work with customers and partners, believing that widespread AI adoption signifies a pivotal shift for the energy industry.
Introducing Mend AI Premium
Mend.io has introduced Mend AI Premium, a suite of tools that enhances their existing AI security solutions. The new suite provides actionable insights into AI model and framework inventory and the risks those components introduce, including shared risks and previously hard-to-detect behavioral risks.
AI researchers launch AnySense app for gathering visual training data
A group of researchers at New York University have developed and launched AnySense, an iOS app optimized for gathering visual training data for generalizable robotics models. The app integrates the iPhone’s sensors with external multisensory inputs via Bluetooth and wired interfaces.
Famous Investor: Nvidia Isn’t the Best AI Stock, But These 2 Under-the-Radar Names Could Be
Veteran value investor Bill Nygren believes that companies that use AI to enhance their businesses could enjoy the greatest long-term benefits. He has identified Capital One Financial and Charter Communications as two companies that are effectively using AI in their businesses, creating durable competitive advantages.
Jim Cramer Says Lennar Corporation (LEN)’s ‘Using AI To Optimize Its Workforce’
Jim Cramer commented on how Lennar Corporation (LEN) is using AI to optimize its workforce, moving people who are doing skunk work into more important things. Cramer shared that Lennar Corporation (LEN) was using AI to optimize its workforce.
International Business Machines (IBM) Completes $6.4B HashiCorp Deal, Expands AI & Cloud Automation
International Business Machines (IBM) has completed its $6.4 billion acquisition of HashiCorp, expanding its AI and cloud automation capabilities. The acquisition will sustain IBM's broad investments in automation software, allowing organizations to optimize their IT spending and lower costs.
CoreWeave in Talks to Buy AI Startup Weights & Biases For Around $1.7 Billion
CoreWeave, which provides cloud servers to large companies developing artificial intelligence, is in talks to acquire Weights & Biases, a startup that helps developers build AI applications, for around $1.7 billion.
Key Takeaways
- AI is being used in various sectors, including healthcare and energy, to improve efficiency and accuracy.
- The stock market is also being impacted by AI, with some companies using it to enhance their businesses and create competitive advantages.
- The use of AI in the energy industry is expected to continue to grow, with Microsoft prioritizing this work with customers and partners.
- The security of AI systems is becoming increasingly important, with Mend.io introducing Mend AI Premium to enhance their existing AI security solutions.
- The development of AI applications is also being impacted by the acquisition of AI startups, with CoreWeave in talks to buy Weights & Biases for around $1.7 billion.
Sources
- AI Stock Surges On Upbeat Sales Views; Is AI Stock A Buy Now?
- Bunkerhill, Cleerly partner on AI-driven tech for CAD
- AI now ‘analyzes’ LA Times articles for bias
- Microsoft AI powers a new energy future
- Introducing Mend AI Premium
- AI researchers launch AnySense app for gathering visual training data
- Famous Investor: Nvidia Isn’t the Best AI Stock, But These 2 Under-the-Radar Names Could Be
- Jim Cramer Says Lennar Corporation (LEN)’s ‘Using AI To Optimize Its Workforce’
- International Business Machines (IBM) Completes $6.4B HashiCorp Deal, Expands AI & Cloud Automation
- CoreWeave in Talks to Buy AI Startup Weights & Biases For Around $1.7 Billion