Cathie Wood Banking On AI For Stock Picks, Defense Department's Autonomous Units And More: Top News This Week In AI
Portfolio Pulse from Benzinga Neuro
Last week saw significant developments in the AI and tech sector. Andrej Karpathy, former AI Chief at Tesla, rejoined OpenAI, an organization co-founded by Elon Musk and partnered with Microsoft. The US Defense Department plans to deploy autonomous AI units. Ark Invest founder Cathie Wood may be leveraging AI for stock picks. Microsoft is expanding its collaboration with Abu Dhabi-based AI company G42.
September 10, 2023 | 3:00 pm
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Tesla's former AI Chief, Andrej Karpathy, has rejoined OpenAI, potentially impacting Tesla's AI initiatives.
Andrej Karpathy's move back to OpenAI could potentially impact Tesla's AI initiatives, as he was a key figure in their AI development. This could lead to a short-term negative impact on Tesla's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Microsoft is expanding its collaboration with AI company G42, which could strengthen its position in the AI and cloud market.
Microsoft's expanded collaboration with G42 could enhance its AI capabilities and strengthen its position in the AI and cloud market. This could lead to a short-term positive impact on Microsoft's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80