AI&F | WELCOME FROM THE PUBLISHER

Welcome to our weekly edition of AI & Finance™!

Friends, while everyone is watching another Nvidia stock price explosion after the firm recently announced a 628% profit increase over 2023 (and btw, HOLY COW, that's some SERIOUS GROWTH!), Chris Robbins is reporting that data centers (not chips) are where the growth is going to be for the sector moving forward in our weekly AI news column. We also delve into Snapdragon, which is truly different from other forms of AI, in our weekly education column..... CHECK IT ALL OUT BELOW!

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

Artificial intelligence will likely ask for more from the global economy. More CPUs and GPUs will be necessary to provide the computing power behind AI deployments. More data storage will also be necessary to handle the databases that inform, or "teach," AI engines. That means more data centers. More data also means that more sanitized and processed data is necessary-so computing power will have to be delegated to preparing and organizing data..... CONTINUE HERE

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

This week the funding amounts continued to come in under the desired $100M point, as was the case last week. This week's top funded companies were within the following sectors: conversastional AI, image analysis, ethical deployment of AI, IP rights, and security - so once again, a diverse group..... CONTINUE HERE

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AI EDUCATION: What is Snapdragon AI?

Qualcomm, the parent company behind Snapdragon processors, has been a pioneer in wireless technologies and mobile chips. Recognizing the potential of AI early on, Qualcomm integrated AI capabilities into its Snapdragon processors to process AI tasks directly on devices..... CONTINUE HERE

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The Daily AI | Your Trusted Resource for AI/ML News

The week has proven to be quite the cliffhanger. New technologies came with problems, but innovation continued. Also, regulatory frameworks are the focus of the AI discussion. How things go from here depends on government and private sector cooperation.

Here are the headlines:
Google's AI search overview had several errors | The EU was back again with its AI law | Truecaller and Microsoft have personalized AI voices for interactions | Tech firms (now) want to make AI movies in Hollywood | French President Macron is optimistic about the emergence of AI..... CONTINUE HERE TO VIEW & SUBSCRIBE

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Podcast of the Week

STANDARD DEVIATIONS PODCAST: Jason Pereira - The Future of AI in Wealth Management

This week, Dr. Daniel Crosby is joined by Jason Pereira, Partner & Financial Planner at Woodgate Financial to discuss the implications of artificial intelligence on the financial planning sector..... 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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