Tag: AI growth

OpenAI CEO, Sam Altman, says no IPO plans for the company due to potential litigation from public markets and Wall Street. Despite $10bn raised and AI growth potential, Altman demands regulation. OpenAI's global tour includes visits with heads of state in India, UAE, South Korea, and Qatar.

UBS analysts have compiled a list of 53 stocks that could surge by up to 20% due to AI growth across 27 sectors. The report highlights the increasing use of AI in various industries, with machines completing more than a third of business-related tasks. Although some analysts anticipate AI hype train to derail like the dot-com bubble, many stocks bounced back and exceeded expectations. The report provides a breakdown of each of the stocks, the industry, and reasoning behind each buy recommendation.

. Stability AI - A leading AI technology company - recently released an open source version of its commercial interface DreamStudio. Here they advocate for open source AI models and host hackathon-style events to better improve their message on open models. CEO Emad Mostaque also believes on open models integration to unlock applications for health, education, and financial services. Join the Meetup on July 11th and 12th for top executives to learn how to successfully integrate AI!