In this article, we discuss 11 important AI news and ratings for investors.
The rapid advancements in artificial intelligence have raised both opportunities and concerns, especially regarding its safety and the ethical implications of its widespread use. Establishing regulatory frameworks for AI is essential to ensure its responsible development, protecting against potential risks while maximizing its positive impact across industries.
Experts Urge AI Firms to Improve Safety Efforts
The Future of Life Institute released its 2024 AI Safety Index, evaluating the safety practices of leading AI companies including Anthropic, Google DeepMind, OpenAI, x.AI, and Zhipu AI among others. The review panel, consisting of prominent AI experts, found significant gaps in the companies’ risk management and safety strategies, especially regarding their ability to ensure that advanced AI systems remain beneficial and under human control.
Despite some positive steps in certain areas, the panel expressed concern that these companies are not adequately addressing the existential risks associated with AI development. The report highlighted the need for improved accountability, transparency, and safety frameworks, as competitive pressures seem to be overshadowing safety considerations. The index aims to provide the public with insights into AI companies’ safety efforts and encourage better practices within the industry.
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Navigating the Future of AI with Safety Standards
In a CNBC interview, Max Tegmark, president of the Future of Life Institute and MIT professor, emphasized the need for AI safety standards, drawing a parallel to regulated industries like aviation and medicine. He highlighted the current lack of clear plans to ensure AI safety, especially as systems like chatbots and autonomous vehicles become more integrated into real-world applications. Tegmark advocates for policy changes to make AI companies prioritize safety, much like other industries, to prevent potentially dangerous outcomes. While the situation is concerning, he believes that proper regulation could lead to significant benefits.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 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).
11. TransAlta Corporation (NYSE:TAC)
Number of Hedge Fund Holders: 28
TransAlta Corporation (NYSE:TAC) focuses on generating and selling electric energy through a mix of hydroelectric, wind, solar, and gas-powered facilities. The company is expected to benefit significantly from AI data center growth.
BMO Capital analyst Ben Pham increased TransAlta’s price target to C$22 from C$17 on December 16, maintaining an Outperform rating. The firm views TransAlta as well-positioned to benefit from Alberta’s data center co-location opportunities, potentially starting in 2025.
Earlier on December 4, the Calgary Herald reported that the Alberta government launched its first roadmap to attract AI-focused data centers, aiming for over $100 billion in investment and thousands of tech jobs. Minister Nate Glubish targets securing $100 billion across several projects in the next five years.
10. Mobileye Global Inc. (NASDAQ:MBLY)
Number of Hedge Fund Holders: 33
Mobileye Global Inc. (NASDAQ:MBLY) develops AI-powered advanced driver assistance systems and autonomous driving technologies. Its solutions utilize real-time detection, navigation, and cloud-based enhancements to improve road safety and enable self-driving capabilities for various vehicle types.
As announced on December 17, At CES 2025, Mobileye will showcase its AI-driven advancements in autonomous driving and road safety, among other things. CEO Prof. Amnon Shashua will present the company’s vision for 2025 and beyond, highlighting innovations such as AI-enhanced Advanced Driver Assistance Systems (ADAS), Mobileye SuperVision for assisted driving, and Mobileye Chauffeur for fully autonomous vehicles. Mobileye’s AI technologies, including REM mapping and sensor fusion, are central to improving vehicle safety and enabling scalable autonomous mobility solutions. Throughout the event, Mobileye will demonstrate how its AI-powered products are shaping the future of transportation and mobility.