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20 AI News You Probably Missed

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In this article, we discuss the 20 AI news you probably missed.

The AI industry continues to demonstrate remarkable growth, underpinned by advancements in generative AI, machine learning, and data analytics. Analysts across major research firms and financial institutions remain optimistic about the growth trajectory of AI, predicting sustained expansion through 2025 and beyond. For example, according to Gartner, the AI software market is expected to reach $135 billion by the end of 2025, reflecting a 21% year-over-year growth. This surge is driven largely by the adoption of AI in various sectors such as healthcare, finance, and retail. Research by McKinsey similarly indicates that AI could add as much as $13 trillion to the global economy by 2030, making it a critical driver of economic growth.

A Bloomberg report also echoes these projections, highlighting that venture capital investment in AI startups has continued at a rapid pace, even amid broader economic downturns in technology. In the first half of 2024, over $40 billion in venture capital was funneled into AI-focused firms. Much of this funding targets generative AI, a subfield of AI that has gained attention for its ability to produce human-like text, images, and designs. According to a Goldman Sachs analysis, generative AI could boost global productivity by 7% over the next decade, contributing an additional $4.4 trillion to the global economy. The ability of generative AI to handle complex tasks like legal document drafting and even medical diagnoses has led experts to view it as a game-changer across industries.

Read more about these developments by accessing 33 Most Important AI Companies You Should Pay Attention To and 20 Industrial Stocks Already Riding the AI Wave.

Big Tech CEOs are hyper-focused on AI development right now. Satya Nadella has famously remarked that AI is the defining technology of our time, emphasizing the role of generative AI tools that his company markets, such as Copilot and Azure OpenAI, in revolutionizing work processes and enhancing productivity. Meanwhile, Sundar Pichai has stressed the importance of setting up responsible AI development, remarking that the potential of AI is immense, and noting that it could prove to be more profound for human society than electricity or fire. Andy Jassy has claimed that with cloud cost optimization programs largely in the rearview, companies are now turning their attention to investments in generative AI that is already a multi-billion-dollar business.

Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and 10 Unsexy AI Stocks According to Goldman Sachs.

A portfolio manager studying various stocks and other securities on a tablet.

Our Methodology

For this article, we selected AI news that has not received significant media coverage but is important to the AI market nonetheless. The companies discussed in the news 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).

AI News You Probably Missed

20. Arista Networks, Inc. (NYSE:ANET)

Number of Hedge Fund Holders: 65

Arista Networks, Inc. (NYSE:ANET) engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments. The firm recently revealed significant new capabilities for the CloudVision platform it markets, enabling a modern network operating model for customers. CloudVision simplifies operations with automation, observability and zero trust security capabilities across all enterprise networking domains, from campus to data center, WAN, and cloud. Arista Networks, Inc. (NYSE:ANET) has already deployed CloudVision in a data center environment.

19. C3.ai, Inc. (NYSE:AI)

Number of Hedge Fund Holders: 18

C3.ai, Inc. (NYSE:AI) operates as an enterprise artificial intelligence software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The Forrester Wave, a guide for buyers considering their purchasing options in a technology marketplace, recently named C3.ai, Inc. (NYSE:AI) as a leader in AI/ML platforms. In the report, Forrester evaluated 14 AI vendors that demonstrated comprehensive, differentiated AI/ML platform solutions, active marketing as an AI/ML platform for enterprise customers, adequate install base and revenue requirements, and client inquiries and/or market momentum.

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AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

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Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

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Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

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Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

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Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

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Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

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Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

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This is the #1 Gold Stock for your 2025 watch list

Brace yourself.

There’s no question that thanks to Washington’s disastrous policies – and out-of-control spending – the outlook for the U.S. economy now appears dire.

And with the U.S. national debt now rising by a staggering $1 trillion every 100 days…there are no easy solutions to help get the nation back on track.

While Jay Powell and the Biden-Harris White House sweat out a federal debt that has reached $35.5 trillion – and climbing – many investors have raced to the sidelines with their cash.

But the truly savvy investors laugh while Jay Powell frets, because they understand that this ridiculous spending has also triggered a nearly unprecedented bull market for gold.

Just look at this chart for the yellow metal.

After testing the $2,000/ounce mark in August 2020 and February 2022, gold traded down to near $1,600/ounce in October 2022.

Since then, gold prices have been on an absolute tear and currently sit above $2,600/ounce, a $1,000/oz increase in just two short years.

But the surge in gold prices that we’ve seen over the past few years could pale in comparison to what’s on the horizon. As shocking as it may sound, with no end in sight for the Fed’s money printing, we could see the price of gold increase by many multiples in the years ahead.

With soaring inflation, the dollar stands to lose more and more of its value, which means you’ll need a lot more dollars to buy gold.

According to legendary investor Peter Schiff, today’s seemingly-high gold price of $2,600/oz. “could soar to $26,000/oz. — or even $100,000/oz. There’s no limit because gold isn’t changing — it’s the value of the dollar that’s decreasing.”[i]

Meanwhile, as profitable as gold has been, select gold mining stocks have really kicked into high gear, handing investors even bigger profits.

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