10 AI News Updates Investors Should Not Miss

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“Deep Research” is the name of the AI tool OpenAI launched yesterday. According to the GenAI star startup, it can conduct multi-step research on the internet for complex tasks. Deep Research is powered by a version of the upcoming OpenAI’s o3 model which is optimized for web browsing and data analysis, as reported by Reuters.

This kind of technology is called an A.I. agent. AI agents can use other software on the internet, perform tasks, and learn from experience. It seems that artificial intelligence agents are going to be all the hype this year, as predicted by plenty of analysts and industry experts in the artificial intelligence world. Soon enough, there may be jobs that only AI agents could apply for.

“We’ve observed tangible progress, with the industry coalescing around the concept of AI ‘agents’ capable of executing a task on your behalf. At work, an agent could analyse customer purchase histories and automatically select and deliver personalized email promotions designed to boost sales”.

-US investment firm Franklin Templeton

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OpenAI said that all users have to do is give it a prompt which will enable OpenAI’s chatbot ChatGPT to find, analyze, and synthesize several online sources, be it text, images, or PDFs, to develop a comprehensive report at the level of a research analyst.

“It accomplishes in tens of minutes what would take a human many hours”.

-OpenAI.

However, it does have limitations as it is still in its early stages.

“It may struggle with distinguishing authoritative information from rumors, and currently shows weakness in confidence calibration, often failing to convey uncertainty accurately.”

Currently, the AI tool is available on the web version of ChatGPT and will be rolled out to mobile and desktop apps within February. This is the second AI agent that OpenAI has launched this year, following Operator, a tool that can perform a variety of tasks such as creating to-do lists or assisting with vacation planning.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

10 AI News Updates Investors Should Not Miss

A woman using a mobile browser to search for news stories to stay up to date.

10. Informatica Inc. (NYSE:INFA)

Number of Hedge Fund Holders: 22

Informatica Inc. (NYSE:INFA) is a leader in enterprise AI-powered cloud data management. On January 30, the company announced that its AI-powered Intelligent Data Management Cloud™ (IDMC) platform has been certified by the EDM Council for meeting the requirements of the 14 key controls of the EDM Council Cloud Data Management Capabilities (CDMC) framework. The certification was granted following an independent assessment by Projective Group. Enterprises can now ensure that Informatica is the only vendor that delivers a single, connected, AI-powered data management cloud platform aligning with the 14 key controls of the CDMC framework.

“Informatica is proud to be the only AI-powered, comprehensive cloud data management solution that aligns to the 14 key controls of the CDMC framework, enabling our customers to have complete confidence in migrating, managing and governing their data in cloud/hybrid cloud ecosystems. This certification enables our customers to accelerate cloud adoption securely, improve operational efficiency and optimize resources through streamlined data management.”

-Brett Roscoe, Senior Vice President and General Manager of Data Governance and Cloud Ops at Informatica.

9. Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Number of Hedge Fund Holders: 32

Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a military-defense-focused AI stock and the leading provider of artificial intelligence (AI) services to the US government. On February 1st, Truist lowered the firm’s price target on the stock to $142 from $155 and kept a “Hold” rating on the shares. The rating, issued after the company’s strong Q3 results and raised FY25 guidance, talks about a slowing procurement environment amid presidential transitions. The firm said that it believes Booz Allen’s multiple is a fair depiction of its strong position in the AI/cyber sector, but it is offset by its high exposure to federal civilian agencies amongst peers. Therefore, it remains on the sidelines and cuts its price target as a reflection of lower multiples in the group.

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