We recently compiled a list of the Top 10 Must-See AI News Updates for Investors. In this article, we are going to take a look at where BlackSky Technology Inc. (NYSE:BKSY) stands against the other AI stocks.
There is no room for artificial intelligence to be dominated by massive players looking to use revolutionary technology to censure and control users’ thoughts. That’s the sentiment echoed by US Vice President JD Vance, who is against authoritarian regulatory approaches that stifle innovation. The remarks come against the backdrop of the European Union passing the EU AI Act, which claims to protect people’s safety and rights.
The US has already taken issue with the new EU AI act over concerns that it could be used to clamp down on Silicon Valley.
“The Trump administration is troubled by reports that some foreign governments are considering tightening the screws on US tech companies with international footprints,” Vance said during an AI summit hosted by French President Emmanuel Macron. “Now America cannot and will not accept that, and we think it’s a terrible mistake, not just for the United States of America, but for your own countries.”
The remarks underscore the high stakes in play as nations race to gain an edge around the artificial intelligence boom. While there have been calls for guardrails to avoid the development of AI models that are beyond human control, the prospects of such measures having a negative impact on AI development continue to rattle feathers. Additionally, there are concerns that economic blocks and nations could resort to AI regulation as one of the ways of safeguarding their interest rather than use it to gain a competitive edge.
The US has been at the forefront of limiting access to advanced semiconductors and equipment, touting them as a national interest. Its tussle with China threatens to throw the nascent sector into disarray at a time when there are calls for collaboration to accelerate development.
“We will safeguard American AI and chip technologies from theft and misuse, work with our allies and partners to strengthen and extend these protections and close pathways to adversaries attaining AI capabilities that threaten all of our people,” he said. “And I would also remind our international friends here today that partnering with such regimes; it never pays off in the long term.”
Vance has promised to prevent foreign enemies or authoritarian governments from abusing US chip technology. The sentiments echo restrictions imposed by the previous administration that limited access to advanced AI to certain EU member states. The Trump administration has been under pressure from EU officials to overturn that ruling.
The European approach to AI differs from the closed-source approach that American entrepreneurs prefer because its programmers release their models for others to enhance. A growing perception is that open-source models make things much cheaper going by DeepSeek’s success.
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.
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A satellite in mid-flight with its solar panels capturing the sun’s rays.
BlackSky Technology Inc. (NYSE:BKSY)
Number of Hedge Fund Holders: 7
BlackSky Technology Inc. (NYSE:BKSY) offers geospatial intelligence, imagery, data analytics, and mission systems, including the development and operation of satellite and ground systems for government and commercial customers worldwide. On February 10, 2025, BlackSky Technology Inc. and Rocket Lab USA, Inc. (NASDAQ:RKLB) announced a launch window opening on February 18 for the first Gen-3 satellite. The launch, named “Fasten Your Space Belts,” will enhance BlackSky’s high-cadence, low-latency data and AI-enabled analytics with 35-centimeter imaging capability.
“This launch represents a major inflection point for our global defense and intelligence customer base as BlackSky introduces very high-resolution Gen-3 capabilities,” said Brian O’Toole, BlackSky Technology Inc. (NYSE:BKSY) CEO. Sir Peter Beck, Rocket Lab founder and CEO, added, “BlackSky is one of our earliest and longest-standing commercial satellite customers, and it’s great to be heading back to the pad with them once again to continue to advance and expand their constellation.” The addition of Gen-3 satellites will enable automated detection, identification, and classification of various objects, enhancing BlackSky’s intelligence applications.
Overall BKSY ranks 7th on our list of the must-see AI stocks for investors. While we acknowledge the potential of BKSY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than BKSY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.
Disclosure: None. This article was originally published at Insider Monkey.
