We recently compiled a list of the 10 Buzzing AI Stocks Dominating Headlines. In this article, we are going to take a look at where Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) stands against the other AI stocks.
Tiger Brokers, an online brokerage firm, has recently revealed that it has embedded DeepSeek’s model into its AI-powered chatbot. The DeepSeek-R1 model integrated into TigerGPT signifies a strategic move made by the firm to enhance the platform’s capabilities and user experience. The move comes amid brokerages and money managers racing to leverage the start-up’s artificial intelligence breakthrough.
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Other Chinese brokers and fund managers who have integrated DeepSeek’s model include Sinolink Securities, CICC Wealth Management, and China Universal Asset Management. Their integrations have allowed them to radicalize how they conduct research, manage risks, make investment decisions, and even interact with clients.
The R1 model will allow Tiger Brokers to help customers analyze valuations, and make trading decisions and as Wu Tianhua, Tiger Brokers’ founder and CEO puts it, “feel the beauty of investment”, all by tapping on their financial data.
“Its impact is real. It’s no longer a concept, or a marketing trick,” he told Reuters in an interview.
Chinese firms may be integrating DeepSeek fast into their operations, but tech firms in the US are racing hard to develop their own. In the latest news, Elon Musk’s artificial intelligence startup xAI has revealed the Grok-3 model, a version of its chatbot that is launched to rival OpenAI merely days after Musk’s unsolicited cash bid to buy the company was rejected.
Grok-3 is available to Premium+ subscribers on X. The service costs $22 a month. In comparison, full access to OpenAI’s GPT-4o costs $200 a month. xAI has also revealed its plans to start a new subscription called SuperGrok for the bot’s mobile app and Grok.com website. Bloomberg reported that xAI plans to open-source preceding versions of Grok models as soon as the latest one is fully mature. This move coincides with similar ones made by other AI firms after the launch of DeepSeek’s AI models, reflecting a broader AI trend toward transparency and collaboration.
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).
A clinician wearing a protective lab coat, reading a patient’s brain scan.
Bullfrog AI Holdings, Inc. (NASDAQ:BFRG)
Number of Hedge Fund Holders: 1
Bullfrog AI Holdings, Inc. (NASDAQ:BFRG) is a technology-enabled drug discovery company that uses artificial intelligence to usher in the next generation of lifesaving therapies. On February 9, the company announced its CEO, Vin Singh, alongside guest, Daniel R. Weinberger, M.D., Director and CEO of the Lieber Institute for Brain Development (LIBD), will be participating in a fireside chat hosted by RedChip Companies on March 5, 2024. The chat will discuss early findings from BullFrog AI and LIBD’s collaboration.
Their collaboration has successfully stratified brain expression data to offer insights into psychiatric conditions such as schizophrenia, bipolar disorder, and major depressive disorder. The partnership allowed clustering subjects based on biological data alone, despite their behavioral diagnoses. The findings from the study have the potential to enhance understanding of psychiatric conditions, develop more targeted, effective treatments, and initiate revenue-generating partnerships with pharmaceutical companies.
Overall BFRG ranks 9th on our list of the buzzing AI stocks dominating headlines. While we acknowledge the potential of BFRG as an investment, our conviction lies in the belief that some 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 BFRG but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
