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Welcome to our weekly edition of AI & Finance™!
Hello, friends, we've marked another big week in AI, punctuated by the release of GPT-5 by OpenAI on Thursday, another leap forward for one of the leading AI developers in the U.S. In our AI & Finance headlines, we discuss the everpresent issue of bias, shining a light on some of the highly biased datasets today's AI models are being trained on. Greg Woolf looks at artificial intelligence-powered automated investing and its ability (it's now more than a promise) to outperform humans. We also look at the multifaceted nature of multi-modal learning in our AI Education column, and it was a huge week for AI venture capital funding, with more big $100M+ funding raises than we had space to acknowledge. The momentum towards an AI-powered future continues to grow... CHECK IT ALL OUT BELOW!
Even with smarter-than-ever artificial intelligence, software is still a GIGO proposition. Welcome to AI & Finance, where we run down another long list of financial services artificial intelligence headlines for you, this time including several companies making their first appearance in this feature. But first, let's talk about AI and GIGO. For the unitiated, GIGO is an old technology acronym for "garbage in, garbage out." It literally means that the quality of a technology's output-that is, the product that we receive from its work-depends mainly on the quality of the input we give that technology. If the input is "garbage," meaning... CONTINUE HERE
Where financial visionaries meet AI trailblazers - all in majestic Montana. This year's bold new format delivers deep insight, strategic partnerships, and real-world intelligence. Built for the C-suite | Pioneer Rate available through August 15 - reserve your seat now!
Last year I described a renegade agent that spun up a Delaware LLC and began moving value on-chain without any human sign-off. That once-fanciful scenario has now leapt into old-school equities. Two live retail experiments show autonomous bots not only placing real orders but also outrunning their human-managed benchmarks. The first involves e-commerce CTO Morgan Linton, who wired $1,000 into Robinhood and told Perplexity's new Comet browser to "make as much money as possible." After a few teething errors-duplicate tickets, mis-clicked tickers, lost context-the agent deployed the full stake across a FAANG-plus basket and even sprinkled in Berkshire Hathaway and a... CONTINUE HERE
What if one-size-fits-all really meant that on size of something could potentially fit each of the 8 billion-plus adults and school-age children scampering around the surface of Earth? Welcome to another AI Education, where this week we're going to take a look at one of the real benefits of artificial intelligence when compared to previous iterations of software technology-multi-modality. This time around we're going to zoom out and discuss multi-modality in general and some of the areas where it intersects artificial intelligence. A modality, for our purposes, describes how something happens-the way a user or participant, be it a human at... CONTINUE HERE
This week's venture capital funding is led by seven deals exceeding the $100 million threshold, with all of our top-five deals coming in at more than $120 million apiece. The top reported deal, per FinSMEs, came from San Francisco-based AI observability provider Observe, which raised a $156 million Series C in part to "continue investing in product development, AI innovation, and global hiring," according to its announcement. Our second-place announcement came from the physical economy space, where San Francisco-based Motive brought in a $150 million round. The top five also included companies in the open-source AI, AI chips and tax research sectors. Smaller... CONTINUE HERE
This week, AI wasn't just in the labs-it was everywhere. From Delta's dynamic airfare pricing and Microsoft's self-defending cybersecurity to Meta's $250M hire and OpenAI's GPT‑5 countdown, AI continues its leap into mainstream culture and commerce. GPT‑5 Launch Looms - OpenAI teases a major reveal and GPT‑5 drops this week, while Sam Altman calls its gravity "Manhattan Project-level." Meta's $250M AI Talent Grab - 24-year-old Matt Deitke scores one of the largest recruitment packages in tech history. AI Goes Mainstream - From Delta's AI-powered airfares to AI-generated school quiz modes, AI is in service-quietly and dramatically. A Thursday livestream posted on X hints... CONTINUE HERE
In this week's podcast, Al & Ivy dig into the unfolding scandal at the Bureau of Labor Statistics-breaking down the agency's long pattern of data errors, political fallout, and why America's most trusted jobs numbers may no longer deserve that trust. The content was generated through NotebookLM from this source: "BLS Has Lengthy History of Inaccuracies, Incompetence" published on the official White House website. The provided text, originating from The White House, critically examines the Bureau of Labor Statistics (BLS), specifically under the leadership of former Commissioner Erika McEntarfer. The source asserts that public trust in the BLS has been significantly undermined... 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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