Public Hype vs. Internal Challenges: C3.ai Struggles Behind the Scenes

Following the craze in AI stocks? You’ve probably heard of C3.ai (NYSE:AI) — who won the stock ticker jackpot. And it only took three name changes: 2009 founding: C3 Energy (tracking emissions) 2016: C3 IOT (internet of things) 2019: Finally… C3.ai Despite C3’s massive 153% gain this year, past employees interviewed by Bloomberg painted a…

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Why Google’s Senior Engineer Thinks Meta Will Win the AI Race

Last week, we briefly looked at a leaked email from a Senior Engineer at Google who shockingly said Google nor Microsoft-backed OpenAI is “positioned to win” the AI race. Instead, it would be Meta. You’re telling us the owner of Facebook and IG will dominate AI? We can explain… Meta has been researching AI for…

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Google Gains Speed in the AI Race — But Leaked Internal Email Says It Has No Moat

Still got it. That’s analysts’ reaction after Google’s I/O developer conference on Wednesday. Investors are already forgetting Google’s underwhelming debut of its AI chatbot Bard back in March. Google is adding AI into a range of products, including Search, GSuite apps, its Android mobile operating system and cloud computing service. Investor reaction was positive: Several…

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These AI-Powered ETFs by Qraft Have Beat the Market Since 2019

In 2019, Qraft Technologies launched two ETFs — which use AI to identify patterns faster than humans — and have beaten the S&P 500 since their inception. 1/ AI-Enhanced US Large Cap ETF (NYSE:QRFT) — which holds large-cap US stocks based on various factors like quality, size and low risk. Top 5 holdings: Microsoft, Apple,…

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AI in Finance: Can Investors Really Use AI to Beat the Market?

For decades, hedge funds have been using algorithms to try to beat the market. And AI models like ChatGPT are only going to accelerate that. AI is coming for finance Goldman predicted that 35% of financial jobs are at risk from AI. And we got an early taste of it last month — when Bloomberg…

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The Global AI Race Heats Up: Chinese Tech Giants Compete to Build Their Own ChatGPT

There’s a Chinese version of many US apps: Baidu (Google). Alibaba (Amazon). Tencent (Meta). DiDi (Uber). And soon, there may be one for OpenAI too. Keep your darkest secrets away from ChatGPT On three separate occasions, Samsung employees leaked sensitive company information to ChatGPT — which can be read by OpenAI. Global lawmakers are raising…

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Artificial Intelligence is Disrupting the Travel Industry

The evolution of the travel industry: In-person travel agents → online agents → AI And it all happened within 30 years. In 1995, the first airline ticket was sold on the world wide web — completely disrupting the travel booking business. Fast forward to 2023, and humans are conversing with robots to plan their next…

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Corporate “AI” Chatter Picks Up; Here’s How 10 Companies Are Using AI

Companies are increasing their AI investments, hiring AI specialists and figuring out how to extract as much value as possible. AI: Why are you so obsessed with me? Well, we’ve been promised your many benefits: Boosting productivity, reducing costs, and creating new income streams. Are you the real deal? According to Roundhill Investments’ Director of…

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