Artificial Intelligence (AI) is making headlines in various sectors, including finance, technology, education, and healthcare. Here are the top stories:
Yahoo Finance reports that AI stocks are a hot topic on Wall Street. Some leading names in this space include Nvidia, Broadcom, and Lam Research. These companies have seen their share prices rise due to the AI revolution. Recently, five AI stocks were identified as potential winners for stock splits, with Nvidia being the most obvious winner so far. However, on Monday, Nvidia’s shares dropped by 6.5%, dragging down the entire AI market.
Citi Global Perspectives and Solutions released a report titled “Artificial Intelligence (AI) and Finance: Bot, Bank & Beyond,” highlighting the increasing importance and transformative role of AI in banking. The report explores how AI can help banks improve customer service, reduce costs, and manage risks more effectively.
In education news, thousands of Indiana school children and teachers participated in a pilot program for AI this past school year. The program involved using AI chatbot technology to enhance learning experiences. According to WFYI, the program was well-received by students and teachers, with many reporting improved engagement and understanding of complex concepts.
In healthcare, researchers at Case Western Reserve University, Cleveland Clinic, and University Hospitals received a $2.78 million federal grant to improve rectal cancer treatment using AI. The five-year grant will enable the team to use AI to better predict patient outcomes and tailor treatments accordingly.
Finally, Nasdaq reports that SentinelOne, an AI-powered cybersecurity company, could see its stock price increase by 98% by the end of 2024. The company’s platform uses AI to hunt for potential security threats proactively. Additionally, SentinelOne has deployed generative AI technology with Purple AI, a ChatGPT-like tool within SentinelOne’s platform that helps customers utilize SentinelOne more quickly and easily.
Overall, AI is making significant strides in various industries, from finance to education and healthcare. The technology has the potential to revolutionize how businesses operate and improve people’s lives. However, as with any new technology, there are challenges to overcome, including ethical considerations and ensuring that AI is used responsibly.
More information, please check below news source:
2 Top Artificial Intelligence Stocks to Buy Right Now
(Yahoo Finance)
Artificial intelligence (AI) is the hottest topic on Wall Street right now. Some headline names are unavoidable in this space, and for good reason. There are also many companies doing everything they can to demonstrate their AI credentials, regardless of …
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Artificial Intelligence Expected to Play Increasingly Important and Transformative Role in Banking – Report
(Crowdfund Insider)
Citi Global Perspectives and Solutions has recently released a report artificial intelligence (AI) and Finance: Bot, Bank & Beyond.
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Better Stock-Split Artificial Intelligence (AI) Stock: Nvidia, Broadcom, or Lam Research?
(Nasdaq)
With the artificial intelligence revolution in full swing, share prices of favored semiconductor stocks have been on the rise. In late May, I identified five AI stocks that were due for a stock split. Nvidia has been the obvious winner from the AI …
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Indiana gave teachers a chance to try out artificial intelligence. Here’s what comes next
(WFYI)
Thousands of Indiana school children and teachers spent this last school year in a pilot program for artificial intelligence, or AI.
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Major record companies in US sue music services using artificial intelligence
(Anadolu Ajansi)
Plaintiffs holding rights to sound recordings are Sony Music Entertainment, UMG Recordings, Warner Records – Anadolu Ajansı
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Nvidia Stock Drops 6.5%, Dragging Artificial Intelligence Stocks Lower
(Yahoo Finance)
The artificial intelligence (AI) trade took a turn for the worse on Monday as Nvidia (NASDAQ: NVDA) shares dropped as much as 6.5%, dragging the entire AI market with it. Super Micro Computer (NASDAQ: SMCI) fell as much as 8.5%, and Taiwan Semiconductor …
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Prediction: This Artificial Intelligence (AI) Stock Could Be Up 98% by the End of 2024
(Nasdaq)
From a product standpoint, SentinelOne delivers top-notch technology. Its platform uses AI to hunt for potential security threats proactively. SentinelOne has also deployed generative AI technology with Purple AI, a ChatGPT-like tool within SentinelOne’s platform that helps customers utilize SentinelOne more quickly and easily.
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Researchers awarded $2.78M federal grant to improve rectal cancer treatment with artificial intelligence
(EurekAlert!)
With a new five-year, $2.78 million grant from the National Institutes of Health and National Cancer Institute, researchers at Case Western Reserve University, Cleveland Clinic and University Hospitals will use artificial intelligence (AI) to better treat rectal cancer patients.
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