View in web-browser
Welcome to our weekly edition of AI & Finance™!
Hello, friends, and welcome to another issue of AI & Finance, where, due to our publishing schedule, we're only going to mention in brief the most recent big news in AI regulations, an executive order signed by U.S. President Donald Trump intended to prevent the individual states from issuing their own artificial intelligence rules. We won't analyze the order this week, except to say from a superficial political science point of view that it makes sense to not have 50 competing sets of regulations for the development and deployment of AI. Anyway, what you will find in this week's newsletter are a pair of crucial discussions of trust and AI in our AI & Finance and AI Education columns, a very active week in AI venture capital funding, a thought provoking AI Intelligence Top 10 column, and, to wrap things up, an Al & Ivy podcast tackling a commentary on the Trump Administration's economic policies from the libertarian think-tankers at the Cato Institute... CHECK IT ALL OUT BELOW!
Will people really trust artificial intelligence with their brains before they trust it with their nest-eggs? The trust issue keeps coming up in conversations about AI in financial services-but maybe we make too much of it. Welcome to another AI & Finance where we're looking to come to the close of the year with a bang-meaning a busy, active December for both financial services and artificial intelligence. And oh, yes, this week has the goods. But first, we're going to discuss an ongoing theme-we mentioned it in passing in our Advisor Tech Talk column this week for Digital Wealth News... CONTINUE HERE
So artificial intelligence is eventually going to be our doctor, our banker, our lawyer, our financial advisor, an employee, an employer-and maybe, for some of us, our best friend and mate. Let's hope we can count on it! Is there really any guarantee that AI won't screw us over-and if it does, who or what can be held accountable? What if an AI model starts to hallucinate and diagnoses us with a cancer we don't have and prescribes harmful interventions we don't need? What if it drains our investment accounts and leaves us at zero? What if AI gives bad advice... CONTINUE HERE
This week's venture capital funding returned to its pre-Thanksgiving momentum, with five transactions in excess of the $100 million threshold. The top reported deal, per FinSMEs, came from Los Angeles-based Saviynt, an identity security company (dovetailing well with our discussions on trust in AI and AI TRiSM), which raised $700 million in a Series B at a $3 billion valuation. Saviynt will use the funds to "increase, expand, and accelerate product development; generate additional AI-based utilities, methodologies, and programs that facilitate the migration from legacy solutions to Saviynt's platform; and enable integration with hyper-scalers, software/SaaS platforms, professional services firms, and value-added resellers," according... CONTINUE HERE
This week in AI, the theme is power and control-who builds the biggest models, who governs them, and who pays the price when they go wrong. Governments rolled out new AI blueprints, regulators tightened their grip on synthetic media, and researchers kept pushing toward ever more capable-and more controversial-systems. Governments Go All-In: Washington, Seoul, and global regulators moved simultaneously on AI strategies, labeling rules, and federal preemption fights. Next-Gen Models Emerge: From open-source vision models to high-end video generators and "world model" startups, the race for differentiated model architectures is heating up. Risk and Labor Reckonings: Fresh warnings on cybersecurity... CONTINUE HERE
CogniCor, a wealth management AI solutions firm based in Palo Alto, California, recently announced that its WealthMate capabilities and Advisor Copilot platform are now available on Salesforce AppExchange. Wealth management firms using Salesforce CRM can now incorporate CogniCor's industry-specific AI as an intelligence layer across their existing technology stack and connect its functionality to Agentforce workflows. According to the company, these integrations give users access to agentic AI workflows that automate repetitive advisor tasks and improve operational efficiencies by linking different systems through an intelligence layer. This includes integrating with Agentforce workflows, embedding compliance-aware guidance into daily processes and delivering context-rich client insights... CONTINUE HERE
In this week's episode of the Al & Ivy (AI) Podcast, the hosts examine a provocative argument gaining attention in policy circles: Has the United States drifted into a form of state-directed capitalism that resembles neither true free markets nor traditional socialism? And if so, what does that mean for economic growth, innovation, and American competitiveness? Drawing from a recent Cato Institute analysis, the episode explores how expansive federal industrial policy - including subsidies, tariffs, targeted incentives, and political steering of capital - has led to a hybrid system where government increasingly shapes market outcomes. Supporters call this a strategic necessity. Critics warn it's a... CONTINUE HERE
Source: thefinancials.com | Updated every 30 minutes, M-F during market hours
The DWN AI Index™ is a benchmark stock index of the artificial intelligence (AI) sector. The index is comprised of a diversified group of stocks deriving a significant percentage of their revenue from AI applications. REVIEW HISTORICALS HERE
STOCKS COMPRISING DWN AI INDEX:
Amazon (AMZN) * Arista Networks (ANET) * AI (C3.ai) * CrowdStrike Holdings (CRWD) * Duolingo (DUOL) * iRhythm Technologies (IRTC) * Microsoft Corporation (MSFT) * NVIDIA Corporation (NVDA) * Palantir Technologies (PLTR) & * Taiwan Semiconductor * Manufacturing (TSM)
Bozeman • MT • 59715 • USA
https://dwealth.news
Unsubscribe
