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Welcome to our weekly edition of AI & Finance™!
Friends, we will be holding the inaugural Big Sky AI Roundtable in Bozeman next month! Although it's already sold out, we will be synopsizing the presentations in four whitepapers after the event, so you'll be able to learn about the bigger topics that are going to be discussed at the event by downloading those once they're available. Meanwhile, we have a great AI Regs & Risk piece on Super Safe Intelligence. And we take a look at quantum computing plus cover all the latest major news and VC fundings for you this past week... CHECK IT ALL OUT BELOW!
Welcome to another edition of AI & Finance bursting at the seams with financial artificial intelligence news! This week we have items from some of the biggest and most familiar names in finance and technology, as well as some news from companies we're only just learning of. It's a busy season in both the finance and technology sectors, so there's a lot to report-dozens of items, as it turns out... CONTINUE HERE
Artificial general intelligence, or AGI, is just one part of a conceptual framework for the evolution of AI that has been around for decades, almost as long as modern computers have existed. Simply put, it is artificial intelligence with the ability to perform tasks within the limits of human capabilities.... CONTINUE HERE
This week's top reported deal, per FinSMEs, came in at just $33 million from the autonomous security sector, where Intezer's series C round will facilitate expansion of its go-to-market and product teams. The second biggest announcement was in aerospace, where Slingshot Aerospace brought in a $30M round. The top five also included three companies in the business ops, efficiency and productivity enhancement space... CONTINUE HERE
In the AI gold rush, it's hard to ignore the staggering numbers behind Safe Super Intelligence (SSI), a company launched by OpenAI co-founder Ilya Sutskever. SSI has raised $1 billion at a jaw-dropping $5 billion valuation, but here's the kicker-they don't even have a product yet! Investors like Andreessen Horowitz and Sequoia Capital appear to be throwing money at the team's vision, trusting that Sutskever's reputation alone can carry the project forward.... CONTINUE HERE
Amazon led the pack with new AI-powered solutions | OpenAI's Sam Altman has an interesting vision of AI's future | ByteDance found a partner in TSM | Plus, Ai is back again in Hollywood | Also, giant investments moved the needle (read on to find out).... CONTINUE HERE
Financial services industry veteran Michael Partnow in partnership with Digital Wealth News (DWN),and its AI&Finance content platform, today announced the inaugural Big Sky | AI Roundtable will be held Oct. 23-24 at the historic Baxter Hotel in Bozeman, Montana. The invitation only event (already sold out) kicks off with a cocktail party and fireside chat with conference co-host Michael Partnow, and Lori Hardwick, Senior Strategic Advisor of Genstar Capital. Ms. Hardwick also currently serves as the board chair of Vestwell and Docupace and is a board director at Orion, Cetera and Cerity Partners.... CONTINUE HERE
The former Financial Services Institute (FSI) executive, Christ Paulitz, joined Haven Tower Group's board of advisors, the communications, marketing and brand strategy agency for the wealth management industry announced last week. Haven Tower was founded in 2011 by Joseph Kuo, who serves as the firm's CEO, and its board is led by industry veteran Larry Roth, Managing Partner of RLR Strategic Partner.
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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