We recently published a list of 10 Buzzing AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other buzzing AI stocks on latest news and ratings.
Predictions of artificial intelligence reaching human-level intelligence have been made for over 50 years. Regardless, the quest to achieve it continues even today, with almost everyone working in the AI field being too focused on achieving it. According to Sam Altman, CEO of OpenAI, reaching AGI isn’t a milestone we can define by a particular date.
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“I think we’re like in this period where it’s going to feel very blurry for a while. People will wonder if is this AGI yet, or is this not AGI, or it’s just going to be this smooth exponential. And probably most people looking back in history won’t agree when that milestone was hit. And we’ll just realize it was like a silly thing”.
-Sam Altman
In the latest innovations in artificial intelligence, new research has revealed how the upcoming AIs are capable of human deceit. Joint experiments conducted by AI Company Anthropic and the nonprofit Redwood Research reveal how Anthropic’s model, Claude is capable of strategically misleading its creators during the training process in order to avoid being modified. According to Evan Hubinger, a safety researcher at Anthropic, this will make it harder for scientists to align “AI systems” to human values.
“This implies that our existing training processes don’t prevent models from pretending to be aligned”.
-Evan Hubinger told TIME.
Researchers have also found evidence that as AIs become more powerful, their capability to deceive their human creators also increases. Consequently, it means scientists would be less confident about the effectiveness of their alignment techniques as AI becomes more advanced.
A similar research conducted by AI safety organization Apollo Research revealed how OpenAI’s latest model, o1, also intentionally deceived its testers during an experiment. The test required the model to achieve its goal at all costs, where it lied when it believed that telling the truth would ultimately lead to its deactivation.
“There has been this long-hypothesized failure mode, which is that you’ll run your training process, and all the outputs will look good to you, but the model is plotting against you. The paper, Greenblatt says, “makes a pretty big step towards demonstrating what that failure mode could look like and how it could emerge naturally”.
– Ryan Greenblatt, a member of technical staff at Redwood Research and the lead author on the paper.
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 software engineer manipulating a vast network of code on virtual monitors.
Palantir Technologies Inc. (NASDAQ:PLTR)
Number of Hedge Fund Holders: 43
Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On December 18, the company announced that it has extended its long-standing partnership with the U.S. Army. This partnership extension will enable the delivery of the Army Vantage capability in support of the “Army Data Platform” (ADP) for a total value of $400,746,583, for a period of up to four years. Since 2018, the army has been using Palantir’s software, in particular its data and artificial intelligence, to perform essential missions and enable faster decision-making. The new agreement will in turn allow the army to support additional programs with data and AI capabilities.
“Palantir is proud to support the Army’s commitment to more efficient, data-driven decisions through the successful expansion of the Vantage program. Our continuous addition of new AI capabilities enables the Army’s own ability to develop applications and incorporate the benefits of effective data analysis across nearly every high-priority mission in the Army”.
-Akash Jain, President, Palantir USG.
Overall, PLTR ranks 8th on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of PLTR 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 PLTR 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.
