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Welcome to our weekly edition of AI & Finance™!
Friends, the word of the week is "interconnectivity", and it comes from the AI&Finance ecosystem! We previuosly covered Perplexity in a recent Top 5 VC column (investors include Nvidia and Jeff Bezos, btw) and this week we delve further into the company in our AI Education column. We also take a look at how AI can move markets in unexpected ways, plus the latest news and VC fundings in the sector.....CHECK IT ALL OUT BELOW!
We write a lot about the positives and potential of artificial intelligence because it's fun to envision the future and watch it unfold and test our predictions, and because the AI-driven future of finance is largely a positive story. But there are some caveats to the new technology (and we have 20 timely AI news headlines as well)....CONTINUE HERE
The week's funding round winners were a tech-driven and AI-native pharma company, a transformer-specialized AI chip, an AI-enabled sustainability, risk, and compliance platform, an AI video generation platform for businesses & an AI-powered search and discovery shopping platform.....CONTINUE HERE
Each week we find a new topic for our readers to learn about in our AI Education column. This week we delve into "answer engine" Perplexity, a company we've previously covered in a Top 5 VC Deals column because it received a major $63M funding from invesetors including Nvidia and Jeff Bezos.....CONTINUE HERE
In this column, we'll dive into how we can weave ethics into AI, why it's crucial for society to keep up, and the practical steps and regulations needed to steer this ship in the right direction.....CONTINUE HERE
Anthropic launched a (free) newer (and faster) LLM that pushes limits | Masayoshi Son unveiled big plans for SoftBank | Amazon is (reportedly) eyeing a hot summer Alexa upgrade | There's a new AI-driven blood test that detects Parkinson's disease seven years in advance....CONTINUE HERE TO VIEW & SIGN UP
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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