We recently published a list of Mag7 and beyond: the 10 best updates and news notes from AI. In this article, we are going to take a look at the place where International Business Machines Corporation (NYSE: IBM) stands against other best updates and news notes from AI.
According to a study presented at a conference of the European Central Bank, companies that manage to survive the upheavals caused by the adoption of artificial intelligence will eventually take advantage of AI to help them prosper in the longer term. Using data from US Census Bureau And surveys covering the period between 2017 and 2021, the study authors revealed that companies that had adopted AI at the start of the manufacturing sector saw their productivity fall after replacing human workers with robots.
These results are undoubtedly against the idea that technology, especially AI, makes work more productive. However, Kristina Mcelheran, one of the authors of the article, stressed how there is a lot of short -term pain. This pain, in particular the drop in productivity, is due to AI interference with the established practices of manufacturers, such as the maintenance of low stocks. Over time, these companies are starting to outperform in all areas, including sales, productivity and employment, as indicated in the study.
Read also: 10 stocks dominating the news this week And 9 Trendy Actions making the headlines today.
While traditional companies rush to adopt AI in their operations, artificial intelligence companies such as Openai are in turn races to advance research on AI and improve their tools. Last Monday, the company said that it would collect $ 40 billion in a new financing round led by SoftBank Group to an assessment of $ 300 billion. Although the company has agreed to finance Openai with $ 10 billion in mid-April and an additional $ 30 billion in December, it did it provided that Optai will go to a lucrative goal by the end of the year.
In the event that Openai’s restructuring fails, the investment of the technological investment group will increase to $ 20 billion. The company having closed a round of funding of $ 6.6 billion in October, the new funding will almost double the assessment of the AI startup.
“Openai has very ambitious plans on many fronts and needs a lot of capital to achieve these goals. The list of investors wishing to support this scope has shrunk and can be largely limited to Soft Bank, which cannot have the necessary capital. ”
For this article, we have selected AI actions, including press articles, actions analysis and press releases. These actions are also popular among hedge funds. Hell fund data is at T4 2024.
