The AI landscape is rapidly evolving, with breakthroughs in language models, AI adoption in the classroom, and significant investments in AI hardware. In this news brief, we'll explore the top AI stocks buzzing on the latest news, the impact of AI on the classroom, and the latest developments in AI hardware spending.
Top 10 AI Stocks Buzzing on Latest News
Investors are continuing to assess the impact of new LLMs in the AI industry. Eyeé, CEO of AI consulting firm Malo Santo, believes AI development is no longer limited to companies with the "largest pockets." Cathie Wood is bullish on Recursion Pharmaceuticals Inc (NASDAQ:RXRX) due to AI catalysts, which have driven the average number of hypotheses per researcher for new drugs up tenfold in just one year. Kim Forrest, Bokeh Capital Partners CIO, cautioned investors about Palantir Technologies Inc (NASDAQ:PLTR) due to its stock-based compensation.
Pinellas County Teachers Learning to Embrace AI in the Classroom
Pinellas County teachers are learning to incorporate artificial intelligence (AI) into their classrooms after the county was awarded a $25,000 grant to study AI. Teachers describe using AI as an interactive tool in their classrooms and using it to help them develop tests, quizzes, and lesson plans for students.
Mistral's New AI Model Specializes in Arabic and Related Languages
Mistral's new AI model, Saba, specializes in Arabic and related languages. The model has been trained on "meticulously curated datasets" from across the Middle East and South Asia to meet a growing customer base in Arabic-speaking countries.
US AI Safety Institute Will Be 'Gutted'
The US AI Safety Institute (AISI) is facing mass firings, which would severely undermine the AI regulator. The cuts will impact more than just AI safety and regulation, including semiconductor production efforts.
AI Making Up Cases Can Get Lawyers Fired
Morgan & Morgan, a nationwide law firm, has learned the hard way that even one lawyer blindly citing AI-hallucinated case law can risk sullying the reputation of the entire firm. The firm's chief transformation officer warned attorneys that citing fake AI-generated cases in court filings could result in disciplinary action, including termination.
Rezolve AI Limited (RZLV): Among the Oversold Software Stocks to Buy
Rezolve AI Limited (NASDAQ:RZLV) offers AI solutions for commerce. The company's platform empowers retailers, brands, and manufacturers to create dynamic connections with consumers transcending barriers of location and device.
Two New Reasons to Stay Bullish on AI Stocks
Soon, we'll have two powerful AI models that help to expand the industry's frontier, meaning AI stocks should soar into the end of the year. Elon Musk and his startup, xAI, unveiled Grok-3, the latest iteration of the company's AI model. The model introduces sophisticated reasoning features, which allow it to deconstruct problems into manageable components and perform self-fact-checking to ensure accuracy before providing solutions.
AI Hardware Spending Soared Last Year, Thanks to Cloud
Global spending on AI hardware nearly doubled in the first half of 2024, reaching $47.4 billion. The technology market intelligence firm expects AI infrastructure investments to surpass $200 billion annually in 2028.
Palantir Plummeted Today -- Is It Time to Buy the Artificial Intelligence (AI) Leader's Stock
Palantir (NASDAQ: PLTR) stock saw big sell-offs in Wednesday's trading. The software specialist's share price ended the daily session down 10.1% and had been off as much as 12.9% earlier in trading.
Key Takeaways
- AI stocks are buzzing on the latest news, with breakthroughs in language models and significant investments in AI hardware.
- AI adoption in the classroom is on the rise, with Pinellas County teachers learning to incorporate AI into their classrooms.
- The US AI Safety Institute is facing mass firings, which would severely undermine the AI regulator.
- AI making up cases can get lawyers fired, with Morgan & Morgan warning attorneys about the risks of citing fake AI-generated cases in court filings.
- Rezolve AI Limited (RZLV) is among the oversold software stocks to buy, with its AI solutions for commerce empowering retailers, brands, and manufacturers to create dynamic connections with consumers.
- Two new AI models, Grok-3 and ChatGPT-4.5, are expected to expand the industry's frontier, meaning AI stocks should soar into the end of the year.
- AI hardware spending soared last year, thanks to cloud, with global spending on AI hardware nearly doubling in the first half of 2024.
- Palantir's growth-dependent valuation makes it a risky stock, but buying on pullbacks could prove very rewarding for long-term investors.
Sources
- Top 10 AI Stocks Buzzing on Latest News
- Pinellas County teachers learning to embrace AI in the classroom
- Mistral's new AI model specializes in Arabic and related languages
- US AI Safety Institute will be 'gutted,' Axios reports
- AI making up cases can get lawyers fired, scandalized law firm warns
- Rezolve AI Limited (RZLV): Among the Oversold Software Stocks to Buy According to Analysts
- Two New Reasons to Stay Bullish on AI Stocks
- Norton unveils AI scam protection across its products By Investing.com
- AI hardware spending soared last year, thanks to cloud
- Palantir Plummeted Today -- Is It Time to Buy the Artificial Intelligence (AI) Leader's Stock