March 4, 2025

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Artificial Intelligence Revolutionizes Finance and Technology

The world of finance and technology is rapidly evolving, with artificial intelligence (AI) playing a significant role in shaping the future. From financial advisors embracing AI tools to help them make better investment decisions to companies like Intuit and Nvidia leveraging AI to deliver efficiencies and boost their bottom line, the impact of AI is being felt across various industries. In this news brief, we'll take a closer look at the latest developments in AI and its applications in finance and technology.

Financial Advisors Embracing AI

A new study shows that financial advisors are increasingly using AI tools to help them make better investment decisions. According to the study, the tools with the largest market share include ChatGPT, Microsoft Copilot, and Google Gemini. Dave Alison, president and founding partner of Prosperity Capital Advisors, is already using AI on a daily basis, having implemented Zocks as an AI notetaking and administrative assistant that is integrated with his tech stack.

AI-Powered Portfolio Risk Analysis

martini.ai has introduced an AI-powered scenario builder to transform portfolio risk analysis. The tool enables private credit investors, asset managers, and lenders to stay ahead of market risks by translating uncertainty into actionable insights. With Scenario Builder, users can input hypothetical events and instantly see precise, data-driven projections of their impact on private credit portfolios.

Cybersecurity and AI Skills Development

The Kyndryl Foundation has announced that 12 nonprofit organizations from 11 countries have been awarded its second-year grants. The program is expected to touch the lives of more than 55,000 people over the next two years through cybersecurity and AI skills development, awareness, and job placement initiatives.

Nvidia Stock Rebounds

Nvidia stock has rebounded from Monday's 9% decline as tariffs weigh on the market. Despite potential regulatory risks and tariff headwinds, Wall Street analysts maintained their bullish outlooks on the stock.

Intuit's AI Bet

Intuit's AI bet is set to deliver $90 million in efficiencies, says the CFO. The company has made big gains in leveraging AI for customer-facing applications.

SoundHound AI Falls

SoundHound AI stock has fallen again today, with the company delaying the filing of its annual 10-K report with the SEC. The delay has raised concerns that the company might have to restate its previously reported results with wider-than-expected losses.

AI Data Center in Utah

Developers of a Utah data center have secured a $2B construction loan to build a 100-acre facility that will provide 175 megawatts of continuous service. The facility will be used to support artificial intelligence endeavors.

Nooks Launches AI Prospector

Nooks has launched AI Prospector, an AI-powered solution that analyzes real-time buying signals to identify the best prospects for immediate outreach. The platform automatically surfaces prospects showing high purchase intent, equipping sellers with both the "who" and "why" for timely engagement.

Introducing Stock AI Analysis

TipRanks has introduced Stock AI Analysis, a cutting-edge report that leverages AI-driven insights to provide a comprehensive breakdown of any stock in seconds. The report includes AI-generated stock overviews, positive and negative factors, company financials, technical analysis, risk analysis, peer comparison, earnings call insights, and corporate events.

Key Takeaways

  • Financial advisors are increasingly using AI tools to help them make better investment decisions.
  • martini.ai has introduced an AI-powered scenario builder to transform portfolio risk analysis.
  • The Kyndryl Foundation has announced that 12 nonprofit organizations from 11 countries have been awarded its second-year grants to advance cybersecurity and AI skills development.
  • Nvidia stock has rebounded from Monday's 9% decline as tariffs weigh on the market.
  • Intuit's AI bet is set to deliver $90 million in efficiencies, says the CFO.
  • SoundHound AI stock has fallen again today due to concerns over the company's delayed 10-K filing.
  • Developers of a Utah data center have secured a $2B construction loan to build a 100-acre facility that will provide 175 megawatts of continuous service.
  • Nooks has launched AI Prospector, an AI-powered solution that analyzes real-time buying signals to identify the best prospects for immediate outreach.
  • TipRanks has introduced Stock AI Analysis, a cutting-edge report that leverages AI-driven insights to provide a comprehensive breakdown of any stock in seconds.

Sources

Artificial Intelligence Financial Technology AI in Finance AI-Powered Portfolio Risk Analysis Cybersecurity and AI Skills Development AI in Business