Several companies are making moves in the AI space, from developing new tools to expanding their teams. Reddit has launched AI-powered advertising tools, including 'Reddit Insights' and 'Conversation Summary Add-ons,' to help brands better understand and engage with users, leveraging data from over 22 billion posts and comments. This move has led to a rise in Reddit's stock value, though it's still down about 25% this year. Bloomberg is also developing an AI tool called 'Document Search & Analysis,' set to launch by the end of 2025, to help investment professionals analyze data more efficiently. Baidu is increasing its AI hiring efforts in response to China's talent shortage, with job openings for its AI recruitment program up by 60% this year. Qure.ai is offering an ASRT-approved AI training program for lung cancer in the U.S. to help healthcare workers use AI tools effectively. Picton Investments is expanding its technology and using AI, aiming to attract young talent. Meanwhile, Nextdoor CEO Nirav Tolia is preventing AI companies from scraping the platform's content, with plans to develop AI agents for neighborhoods using its own data. In academia, two Princeton professors received an AI grant to improve mathematical proof systems, focusing on robotic system safety and automated theorem proving. Professor Gladstone Hutchinson highlighted the Africa-Caribbean Hub for Generative Artificial Intelligence as an opportunity to transform the economies of Latin America and the Caribbean.
Key Takeaways
- Reddit launched 'Reddit Insights' and 'Conversation Summary Add-ons,' AI-powered ad tools using data from 22 billion posts/comments.
- Reddit's stock value increased following the release of its new AI advertising tools.
- Bloomberg plans to launch 'Document Search & Analysis,' an AI-powered tool for investment professionals, by the end of 2025.
- Baidu is increasing AI hiring by 60% this year due to China's AI talent shortage.
- Qure.ai is offering an ASRT-approved AI training program for lung cancer in the U.S.
- Picton Investments is expanding its technology and using AI in its money management work.
- Nextdoor CEO Nirav Tolia is blocking AI companies from scraping platform content.
- Nextdoor plans to create AI agents for neighborhoods using its own data.
- Princeton professors received an AI grant to improve mathematical proof systems.
- Professor Gladstone Hutchinson spoke about the Africa-Caribbean Hub for Generative Artificial Intelligence.
Reddit launches AI ad tools to boost brand engagement
Reddit introduced two new AI-powered advertising tools to help brands connect with users. 'Reddit Insights' gives marketers real-time trend data for campaign planning. 'Conversation Summary Add-ons' lets brands show positive user comments under their ads. Reddit hopes these AI tools will attract more advertisers in a competitive market. These tools follow Reddit's launch of analytics tools in March to improve community rules and content understanding.
Reddit stock rises with new AI tools for advertisers
Reddit's stock value increased after it released two AI tools for advertisers. The tools, 'Reddit Insights' and 'Conversation Summary Add-ons,' help advertisers understand and use conversations on the site. Reddit Insights provides real-time data for planning ad campaigns. Conversation Summary Add-ons show positive user comments with ads. Despite this gain, Reddit's stock is still down about 25% this year.
Reddit unveils AI 'community intelligence' ad tools
Reddit launched new AI-powered ad tools that use insights from over 22 billion posts and comments. These tools help brands understand and showcase conversations on the platform. 'Reddit Insights' is a tool for marketers to see trends and brand information. 'Conversation Summary Add-on' lets brands display positive user comments with their ads. Reddit's COO says these tools will help businesses make better decisions on marketing and customer service.
AI stocks to watch include IBM and Reddit
Many companies are using artificial intelligence, but people are unsure if they trust it. Despite this, companies are investing heavily in AI. International Business Machines Corporation (IBM) offers AI consulting and software. Reddit, Inc. uses AI to improve search and user experience. Analysts are watching these and other AI stocks to see who will lead the AI revolution.
Bloomberg's AI tool helps investors analyze data faster
Bloomberg plans to launch a new AI-powered tool called 'Document Search & Analysis' by the end of 2025. It helps investment professionals quickly find and compare information from company documents, news, and research reports. Users can ask questions in everyday language and get organized results. The tool uses Bloomberg's financial expertise and AI technology to improve research and decision-making. It will be available to Bloomberg Terminal users.
Bloomberg's AI tool helps investors analyze data faster
Bloomberg plans to launch a new AI-powered tool called 'Document Search & Analysis' by the end of 2025. It helps investment professionals quickly find and compare information from company documents, news, and research reports. Users can ask questions in everyday language and get organized results. The tool uses Bloomberg's financial expertise and AI technology to improve research and decision-making. It will be available to Bloomberg Terminal users.
AI firms push model sales by exaggerating coder threat
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Baidu increases AI hiring amid China's talent shortage
Baidu, a Chinese internet company, is hiring more AI talent as China faces a shortage of skilled workers. Job openings for Baidu's AI recruitment program are up 60% this year. Baidu is looking for people in areas like large language models, machine learning, and AI agents. Other tech companies like Alibaba and ByteDance are also trying to hire more AI professionals.
Qure.ai offers AI lung cancer training with ASRT approval
Qure.ai is offering a new AI training program for lung cancer in the United States, approved by the ASRT. This program teaches healthcare workers how to use AI tools effectively. The training covers how AI fits into radiology, its strengths and weaknesses, and ethical rules. Participants will receive Continuing Education credits for completing the course. The program aims to help professionals confidently use AI in their work.
Picton plans to hire more AI and tech experts
David Picton, a Canadian hedge fund manager, believes AI will change the money management industry. His firm, Picton Investments, is expanding its technology and using AI in its work. Picton is unsure about the recent stock market increase and warns of possible risks. He hopes to grow his firm beyond Canada by attracting more young talent with unique skills.
Professor quoted on Africa-Caribbean AI hub
Professor Gladstone Hutchinson was quoted in an article about the launch of the Africa-Caribbean Hub for Generative Artificial Intelligence. Hutchinson said the hub is an extraordinary opportunity to transform the economies of Latin America and the Caribbean.
Hedge fund manager avoids Chinese tech in AI race
A hedge fund manager explains why he's not investing in Chinese tech companies for AI development. He compares the AI competition between the U.S. and China to a new Cold War.
AI grant awarded to advance algebraic proof systems
Two Princeton professors received an AI grant to improve mathematical proof systems using AI. These systems ensure safety and efficiency in complex technologies. Professors Ahmadi and Kothari will use AI to enhance semidefinite programming, a method for solving complex optimization problems. Their work will focus on robotic system safety, automated theorem proving, and robust statistics.
Nextdoor CEO rejects AI licensing deals
Nextdoor CEO Nirav Tolia is blocking AI companies from scraping the platform's content. He believes data scraping gives AI companies an unfair advantage. Tolia learned from past experiences the dangers of relying on Big Tech. Nextdoor aims to create AI agents for neighborhoods using its own data. The company is also launching a redesign to improve user experience and ad services.
Sources
- Reddit unveils AI-driven ad tools to help brands tap into user discussions
- Reddit Stock Gains as Site Launches AI-Driven Tools for Advertisers
- Exclusive: Reddit releases new AI-powered "community intelligence" ad tools
- 12 AI Stocks Every Investor Should Be Watching
- Investors to Streamline Alpha-Generating Research with Bloomberg's Latest AI Offering
- Investors to Streamline Alpha-Generating Research with Bloomberg's Latest AI Offering
- AI firms are hyping up threat to coders to push their model sales
- Baidu ramps up AI hiring as China faces talent crunch, joining other tech giants
- Qure.ai introduces lung cancer AI training with ASRT approval
- Picton Plans More AI, Technology Hiring in Canadian Firm’s Growth Push
- In the media: Prof. Hutchinson quoted in article on Africa-Caribbean Hub for Generative Artificial Intelligence
- Hedge fund manager explains why he's ruling out Chinese tech in AI race
- Two professors awarded AI Seed Grant to advance algebraic proof systems
- Nextdoor CEO on why he won't cut licensing deals with AI companies