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- Generative AI software sales could soar 18,647% by 2032
Generative AI software sales could soar 18,647% by 2032
The AI Investing Pulse
Welcome to this week’s AIIP Newsletter —August 29th, 2024
THIS WEEK’S AI STOCKS IDEAS
Adobe (ADBE) - The Motley Fool
Estimates suggest the generative AI software market could soar 18,647% by 2032, according to Bloomberg Intelligence.
Rubrik Inc (RBRK)- Nasdaq
Rubrik has a perfect score from the brokerage community, “strong buy” from all 16 analysts.
SoundHound (SOUN), C3 (AI) - Nasdaq
Blackrock added both shares to its portfolio in Q2.
THE MARKET
INDEX | TICKER | WEEKLY |
|---|---|---|
Nasdaq 100 | QQQ | -0.99% |
S&P 500 | SPY | 0.26% |
TOP AI ETFs
ETFs | TICKER | WEEKLY |
|---|---|---|
Themes Gen AI ETF | WISE | 0.38% |
Global X AI & Tech ETF | AIQ | -0.79% |
ROBO Global AI ETF | THNQ | -0.81% |
Roundhill Gen AI & Tech ETF | CHAT | -1.48% |
AI STOCKS & ETFs NEWS
AI’s impact at 3 industry leading companies - Microsoft
Leading companies are harnessing AI to enhance efficiency, innovation, and customer engagement.
Warren Buffett’s favourite AI stocks - The Motley Fool
During Berkshire Hathaway's latest annual meeting, Buffett called AI a "genie" in a bottle that could have a profound impact on the world.
KraneShares unveils new AI-powered China ETF - ETF Trends
Analysts highlight key players and emerging trends that could drive future growth in the region.
AI STARTUPS
Top 10 countries leading in AI startups; India makes a mark globally - The Indian Express
The global landscape of AI is rapidly evolving, with various nations emerging as key players in the startup scene.
LVMH CEO Bernard Arnault's family office goes shopping for AI startups - Microsoft Start
This initiative reflects the growing interest of luxury brand leaders in the potential of AI technologies.
Taiwan to invest US$323m in domestic AI startups - Taiwan News
The ministry is focusing on four areas: computational power, data, talent, and funding.
AI TRENDS
10 AI Trends revolutionising industries and society in 2024 - eWeek
Expert opinions on current AI trends and their potential impacts on business and the world at large.
Chatbots and AI: enhancing efficiency and accessibility in medical care - Medical Dialogues
A recent review explores future trends and innovations that could further transform medical care delivery.
AI in renewable energy market: exploring future growth and trends from 2023 to 2032 - Newswires
AI is reshaping the operations of the energy industry, transitioning it toward a more efficient, sustainable, and secure future.
OTHER
California lawmakers pass AI safety bill - Legit
The legislation focuses on establishing regulations to ensure accountability and ethical standards in AI deployment.
5 of the most damaging ways AI could harm humanity, according to MIT experts - Yahoo News
As AI technology advances, there is a growing need to understand the potential risks these systems pose.