The world of artificial intelligence (AI) continues to evolve at a rapid pace, with breakthroughs in various sectors. This news brief highlights key developments in AI, from talent evaluation and performance analysis to AI stocks, capital-raising surge, and the impact of AI on industries such as law and education.
Introducing AIQ+: Artificial Intelligence for Talent Evaluation and Performance Analysis
AIQ+ is a groundbreaking advancement in intelligence and performance evaluation, offering front offices, coaches, and players instant predictive analysis that seamlessly integrates into all evaluation and development processes. AIQ+ combines player AIQ scores with a large language model to analyze data and identify patterns, providing player-specific, scheme-specific, system-specific, and task-specific insights.
AI Stocks: The Capital-Raising Surge
A third of VC funding globally went to AI startups in 2024, with over $26 billion in investments from the start of 2023 to August 15, 2024. The largest cumulative investment was in Anthropic, followed by a $6 billion investment in xAI, Elon Musk's company. These investments are expected to drive innovation in AI stocks and their applications.
Together AI Raises $305 Million to Expand AI Cloud Service
Together AI has raised $305 million in a Series B funding round to expand its AI Acceleration Cloud, which helps developers and enterprises train, fine-tune, and run inference for generative artificial intelligence (AI) models. The company's platform supports more than 200 open-source models across all modalities and is powered by its proprietary Inference engine.
AI Usage Creating Controversy in Best Picture-Nominated Films at the 2025 Oscars
Several movies nominated for Best Picture are under fire for their use of artificial intelligence in the films. The usage of AI has raised concerns about the impact on the creative process and the potential for AI-generated content to dominate the industry.
AI Hiring Startup Mercor Now Valued at $2 Billion After Strong Recent Growth
Mercor, an AI hiring startup, has raised $100 million in a Series B funding round, valuing the company at $2 billion. The company's AI technologies vet candidates and improve predictions, making it a leader in the AI hiring space.
Beyond the Hype: What AI Trading Bots Can Actually Do
AI trading bots have been touted as a way to effortlessly profit from the market, but the reality is more nuanced. While AI can simplify tasks and provide insights, it is not yet capable of generating profitable trading algorithms. Human oversight and expertise are still essential in trading.
Microsoft CEO Says There is an 'Overbuild' of AI Systems, Dismisses AGI Milestones as Show of Progress
Microsoft CEO Satya Nadella has stated that there is an 'overbuild' of AI systems and that general intelligence milestones are not a reliable indicator of AI's progress. Instead, he suggests that the impact of AI should be measured by its practical applications and the benefits it brings to society.
U.Va. Announces New Course Offerings for Fall 2025 that Embrace AI
The University of Virginia has announced new course offerings for Fall 2025 that incorporate AI, including a course on the 'History of CavMan' and a course on 'Misinformation Studies.' These courses aim to better reflect the modern student experience and minimize academic effort while focusing on topics relevant to life at the University.
Microsoft at Legalweek: Help Safeguard Your AI Future with Microsoft Purview
Microsoft is showcasing its latest innovations in AI at Legalweek, including its Purview platform, which helps safeguard and manage compliance of data and AI applications. The company is also highlighting its expertise in AI and its potential applications in the legal field.
What Nvidia Bulls Are Whispering About Before Its Big Earnings Report
Despite caution from some analysts, Nvidia is expected to profit from the global buildout of AI infrastructure. The company's earnings report next week is expected to be market-moving, with investors looking for signs of growth in the AI sector.
Key Takeaways
- AI continues to evolve at a rapid pace, with breakthroughs in talent evaluation, performance analysis, and AI stocks.
- The impact of AI on industries such as law and education is being felt, with some companies embracing AI and others raising concerns about its use.
- Human oversight and expertise are still essential in trading, despite the hype surrounding AI trading bots.
- Microsoft is showcasing its latest innovations in AI at Legalweek, including its Purview platform.
- Nvidia is expected to profit from the global buildout of AI infrastructure, despite some caution from analysts.
Sources
- Introducing AIQ+: Artificial Intelligence for Talent Evaluation and Performance Analysis
- AI Stocks: The Capital-Raising Surge
- Together AI Raises $305 Million to Expand AI Cloud Service
- AI usage creating controversy in Best Picture-nominated films at the 2025 Oscars
- AI hiring startup Mercor now valued at $2 billion after strong recent growth
- Beyond the Hype: What AI Trading Bots Can Actually Do
- Microsoft CEO says there is an 'overbuild' of AI systems, dismisses AGI milestones as show of progress
- U.Va. announces new course offerings for Fall 2025 that embrace AI
- Microsoft at Legalweek: Help safeguard your AI future with Microsoft Purview
- What Nvidia bulls are whispering about before its big earnings report