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International Business Machines (IBM)’s AI and Cloud Strategy: Analyst Predicts Strong Growth Ahead

We recently published a list of 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other trending AI stocks on latest news and ratings.

According to Anthropic CEO Dario Amodei, artificial intelligence models capable of performing at human levels may emerge as early as 2026. That is, if current advancements hold steady. Amodei compares the path to general artificial intelligence with educational stages. Currently, he notes that we’re starting to get to PhD level, while last year we were at the undergraduate level.

READ ALSO: 10 AI News Making Waves Today and 10 AI Stocks to Watch on Latest News and Analyst Ratings.

“If you just eyeball the rate at which these capabilities are increasing, it does make you think that we’ll get there by 2026 or 2027”.

– Anthropic CEO Dario Amodei

He also acknowledged that possible setbacks may exist, such as data shortages, limitations in scaling AI clusters, and potential geopolitical issues impacting microchip supply chains. Previously, OpenAI CEO Sam Altman made a similar claim, noting that artificial general intelligence can be achieved in five years with the current hardware. According to Altman, the benchmark would pose “surprisingly little” change to society.

Latest Developments in AI

How fast we can get to AGI is a debate of its own. In the meantime, let’s take a closer look at the latest developments and innovations shaping the world of artificial intelligence. In its first, a robot has been trained by watching videos of seasoned surgeons, performing the same surgical procedures skillfully as human doctors. The findings, led by Johns Hopkins University researchers, were illuminated at the Conference on Robot Learning in Munich, a top event for robotics and machine learning.

“It’s really magical to have this model and all we do is feed it camera input and it can predict the robotic movements needed for surgery. We believe this marks a significant step forward toward a new frontier in medical robotics.”

– Senior author Axel Krieger, an assistant professor in JHU’s Department of Mechanical Engineering.

In other news, CNBC’s David Faber reports that Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation. Musk’s AI startup seeks to “understand the true nature of the universe. Last year, xAI released a chatbot named Grok, modeled after “The Hitchhiker’s Guide to the Galaxy.” The chatbot aims to directly compete with companies including ChatGPT creator OpenAI.

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 closeup of a woman’s hands typing rapidly on a laptop in a corporate office setting.

International Business Machines Corporation (NYSE:IBM)

Market Capitalization: $189.54

International Business Machines Corporation (NYSE:IBM) is a multinational technology company and a leading provider of global hybrid cloud and AI, and consulting expertise.

On November 13, Evercore ISI rated International Business Machines Corporation (NYSE:IBM) at “Outperform” with a price target of $240. According to the analyst, the tech company can surpass growth estimates due to enterprise AI tailwinds, momentum in software and recovery in consulting. Moreover, a less restrictive regulatory environment could increase deal activity for mergers and acquisitions.

Overall, IBM ranks 6th on our list of trending AI stocks on latest news and ratings. While we acknowledge the potential of IBM 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 time frame. If you are looking for an AI stock that is more promising than IBM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. This article is originally published at Insider Monkey.

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

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

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.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

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?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

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.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

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That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

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.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

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J.P. Morgan’s warns of “most predictable crisis in history”

Dear Concerned Citizen,

In President Reagan’s farewell address, he called America a “Shining City on a Hill.”

And in many ways, America still is shining.

We have supersized homes, two cars in every garage, and more food to eat than any country in history.

We have smartphones, tablets, laptops, AI assistants, VR headsets and flatscreen tv’s that stream any entertainment we could think of on demand.

Many of us even have swimming pools, maids to clean our houses, nannies to watch our kids, and landscapers to manicure our lawns.

But despite all these shiny things…

There are massive cracks forming right below the surface of our “shining city.”

Cracks that threaten us with a widespread collapse unlike anything we’ve seen in our lifetimes.

During this presentation, I’m going to show you exactly what these cracks are and what’s really causing them.

I’m also going to show you why these cracks will only get worse, regardless of who’s President. 

Why?

Because these cracks are a symptom of a much bigger problem.

A problem that threatens the very foundation of our country.

What may shock you is that this problem was indirectly caused by President Reagan.

His greatest triumph has turned out to be our biggest curse.

A curse that is now cracking the very foundation of our great country.

And there’s absolutely nothing that can be done to stop these cracks from continuing to weaken our foundation until we collapse.

There’s no government stimulus package big enough…

No interest rate cut dramatic enough….

And no tax cut deep enough to stop the inevitable.

The only thing you can do is prepare for it.

In the end, we will see the market tumble 50%, real estate plummet 40%, savings accounts lose 30% and unemployment triple.

Click to continue reading…