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Welcome to our weekly edition of AI & Finance™!
Friends, this week Chris Robbins delves into the concept of "AI Models" for our AI education column. Meanwhile, it appears VC dollars have calmed down in the sector, where for the third consecutive week, we've not seen a $100M+ deal. Even so, the dollars ARE still flowing. And in our weekly AI News column opener, we delve into a recent survey by Brown Brothers Harriman that found that the emergence of next-generation artificial intelligence ranks among the biggest challenges facing private business owners today... CHECK IT ALL OUT BELOW!
Before we jump into the headlines, we'd like to discuss a survey that found that the emergence of next-generation artificial intelligence ranks among the biggest challenges facing private business owners today. In a survey of 400 owners of businesses valued at over $10 million sponsored by Brown Brothers Harriman, the rise of AI tied for second place with the political environment as the most serious challenges facing businesses today. Raked No. 1 this time was economic instability and inflation ...CONTINUE HERE
"AI model" is a term that has become widely adopted and used but infrequently and often poorly defined. Any time a large group of people-like journalists-begin writing about a new technology topic, they inevitably adopt some of the language of technologists and theoreticians who have been working for years, if not generations, on the topic-without thinking about the meaning of their words. So it has been with "AI model"... CONTINUE HERE
This past week was for a third time in a row a muted one for venture funding in AI, at least when it comes to big deals, with no funding announcement exceeding the $100M threshold. There's still plenty to talk about.... CONTINUE HERE
Recent AI Education Columns:
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
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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