Tag: Investment

Discover top AI companies worth investing in & profit from the sector's anticipated growth from $142.4bn in 2022 to around $1.8tn by 2030. With Alphabet, NVIDIA, Microsoft & more at the forefront of AI, read on to see the best options investors need to consider before buying AI stocks.

Securing funding for your business just got easier, thanks to GPT-4. Open AI's latest language model generates pitch decks that outperform human pitches in quality and clarity, making it a lucrative option for entrepreneurs. A recent study found that GPT-4 was particularly effective in finance, tech, and marketing, with investors and business owners more likely to find its decks convincing. Leverage the power of AI for superior results in securing funding.

Two lawyers in Manhattan federal court may face punishment after using an AI-powered chatbot called ChatGPT to support a case against Avianca Airlines. However, the chatbot produced fictitious legal research, causing concern among experts about the potential risks of AI. Microsoft invested $1bn in OpenAI, the company behind ChatGPT. The judge is yet to decide on sanctions.

Lee Ainslie's Maverick Capital sees a 19.48% year-to-date gain after investing in Nvidia, leading the way for tech-focused hedge funds. Maverick's success is a positive shift for the Tiger Cubs who have previously experienced losses. Meanwhile, other hedge funds are still below their high-water mark despite the strong performance of tech stocks. Hedge Fund Research reports that average hedge funds lost 0.20% in May but gained 1.23% in the first five months of 2021.

OpenAI's CEO, Sam Altman, warns that competing with the company in AI model development is hopeless given its resources, but startups shouldn't be discouraged. Breakthroughs are possible for future AI systems to improve education, cure diseases, and fight climate change. However, exponential advancements pose long-term risks.