AI&F | WELCOME FROM THE PUBLISHER

Welcome to our weekly edition of AI & Finance™!

Friends, this week our AI & Finance | News column had 20(!) entries on important artificial intelligence-related news in the finserv industry. We have become the defacto industry source for this news in a very short time. Make sure to check it out, along with our top 5 VC deals in AI (we had another $1B+ transaction this week) plus our education column. This week we reviewed Claude - another generative AI company - and included some personal insights on the code from our team, too.... CHECK IT ALL OUT BELOW!

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AI & Finance™ | News for the Week Ending 5/10/24

We're coming up on the four-month anniversary for AI & Finance, but it seems like we've been writing about the artificial intelligence revolution brewing in the financial sector for much longer, in part because AI itself has come a long way in such a short amount of time. This week we feature 20 financial AI headlines, which also includes items from Advisor360, Visa, Rocket Companies and Wolters Kluwer...... CONTINUE HERE

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Top 5 VC Transactions in AI (5/10/24)

This week we, once again, have a $1B USD raise (we did two weeks ago as well), and generally, we saw this same funding arc when we watched venture dollar amounts rise stratosphericcally (and more recently fall) for fintech in our other fintech VC series. Meanwhile, this week's fundings in AI were within the following sectors: automotive, robotics, drones, cash management and cancer center workflows. Interesting mix, right?....... CONTINUE HERE

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AI EDUCATION: What is Claude?

This week, we're exploring Claude, a large language model (LLM) AI launched by Anthropic in 2023 from former OpenAI execs and others. This AI system, named after mathematician Claude Shannon, signifies a leap forward in AI-assisted financial analysis, risk management, and decision-making processes........ CONTINUE HERE

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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)

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