The world of artificial intelligence (AI) is abuzz with exciting developments, from significant funding rounds to innovative applications. Recently, the Nasdaq Composite index entered correction territory, sparking a sell-off in AI stocks. However, this downturn has also created opportunities for savvy investors to buy top companies at discounted valuations. In this news brief, we'll delve into the latest happenings in the AI space, exploring the key players, trends, and insights that are shaping the industry.
Nasdaq Sell-Off: AI Stocks to Buy on the Dip
The recent sell-off in AI stocks has opened a window for investors to purchase top companies at attractive prices. The Trade Desk, a programmatic advertising company, has seen its stock plunge nearly 49% in 2025, making it a compelling buy. With a huge discount to its price-to-earnings ratio, investors can acquire shares at 12 times sales. The company operates in the programmatic advertising market, which is expected to generate $2.75 trillion in revenue by the end of the decade. The Trade Desk has been integrating AI tools into its platform since 2017 and is poised for long-term growth.
Reston Startup Tiga AI Raises $2M to Scale Sales Tools
Tiga AI, a Reston-based startup, has secured $2 million in funding to expand its sales tools for business-to-business professionals. The company's products act as digital assistants, conducting tasks automatically and generating briefs before sales meetings. This investment will enable Tiga to grow its sales team and build on marketing efforts over the next year.
AI Agent Manus Draws Upbeat Reviews
Manus, a general-purpose AI agent, has received positive reviews for its impressive capabilities. The agent can perform tasks autonomously, creating a plan of specific tasks and subtasks to complete a goal using its available resources. This technology represents a new avenue for innovation, compared to chatbots and large language models.
Anthropic's Annualized Revenue Reaches $1.4 Billion
Anthropic, an AI startup, has reported an annualized revenue of $1.4 billion, up 40% from $1 billion at the end of 2024. The company is on track to reach a figure between $2 billion and $4 billion, its projected revenue for 2025. Anthropic has raised $3.5 billion in a Series E funding round, which will fuel its efforts to expand its AI offerings.
CONVERGE LIVE: Business Leaders Discuss AI, Markets, and More
The CONVERGE LIVE event in Singapore brought together global business leaders, investors, and policymakers to share ideas on innovation and growth. Speakers included Ray Dalio, Marc Benioff, and Alibaba's Joe Tsai, who discussed the potential of AI, the consequences of tariffs, and the future of the U.S. economy. The event highlighted the growing importance of AI and its implications for sustainability, global capital flow trends, and corporate leadership.
Oasis Consortium Launches LinkedIn Learning Course on AI Trust & Safety
The Oasis Consortium has launched a pioneering LinkedIn Learning course, AI Trust & Safety: Navigating the New Frontier. The course addresses the critical balance between AI innovation and organizational protection, providing guidelines for managing associated risks. As AI reshapes the digital landscape, establishing robust Trust & Safety protocols is crucial for mitigating risks and gaining competitive advantages.
USF Receives $40M Gift to Build AI and Cybersecurity College
The University of South Florida (USF) has received a $40 million donation to build a state-of-the-art AI and cybersecurity college. The Bellini College of Artificial Intelligence, Cybersecurity and Computing will open in fall 2025, offering hands-on experience for students to work with AI tools while developing essential cybersecurity expertise.
MINJA Attack Poisons AI Model Memory
Researchers have devised an attack called MINJA, which manipulates AI model memory via client-side interaction. The technique can be launched by interacting with the agent like a regular user, and it has been tested on three AI agents powered by OpenAI's GPT-4 and GPT-4o LLMs. This attack highlights the need for robust security measures when building and deploying AI agents.
Dexterity Raises Funding for AI-Powered Industrial Robots
Dexterity, a startup specializing in industrial robots with human-like finesse, has raised funding at a post-money valuation of $1.65 billion. The investment highlights the growing demand for machinery powered by AI, and Dexterity's robots are designed to perform repetitive and sometimes dangerous tasks in warehouses and factories.
Key Takeaways
- The recent sell-off in AI stocks has created opportunities for investors to buy top companies at discounted valuations.
- AI startups like Tiga AI and Anthropic are securing significant funding rounds to expand their offerings.
- The CONVERGE LIVE event highlighted the growing importance of AI and its implications for sustainability, global capital flow trends, and corporate leadership.
- Establishing robust Trust & Safety protocols is crucial for mitigating risks and gaining competitive advantages in the AI space.
- The development of AI-powered industrial robots is attracting significant investment, with companies like Dexterity leading the charge.
- The MINJA attack highlights the need for robust security measures when building and deploying AI agents.
Sources
- Nasdaq Sell-Off: 2 Artificial Intelligence (AI) Stocks Down 20% and 49% to Buy Hand Over Fist on the Dip
- Reston startup Tiga AI raises $2M to scale sales tools
- AI agent Manus draws upbeat reviews of nascent service
- Report: Anthropic’s Annualized Revenue Reaches $1.4 Billion
- CONVERGE LIVE updates: Ray Dalio, Marc Benioff and Alibaba's Tsai to talk AI, markets and more
- Oasis Consortium Launches Pioneering LinkedIn Learning Course on AI Trust & Safety
- USF Gets $40M Gift to Build AI and Cybersecurity College, Classes Begin This Fall
- MINJA sneak attack poisons AI models for other chatbot users
- Yet another AI robotics firm lands major funding, as Dexterity closes latest round
- CONVERGE LIVE updates: Ray Dalio, Marc Benioff and Alibaba's Tsai to talk AI, markets and more