This Obscure AI Stock Is Up by Almost 6,000% Over the Past Year. Can It Go Higher?

While artificial intelligence (AI) stocks have delivered explosive returns in recent years, none have kept pace with AXT (NASDAQ: AXTI) over the past year. The materials science company’s stock is up roughly 6,000% over the past year. This is largely because the wafer substrates it produces are vital for the AI boom. Naturally, some investors…

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The “Great Rotation” Out of Tech Is Fading. Here Are the Best Artificial Intelligence (AI) Growth Stocks Poised to Benefit.

The so-called “Great Rotation” out of tech and artificial intelligence (AI) stocks appears to have been short-lived. Given that tech and growth stocks have helped power the market higher for much of the past two decades, this probably shouldn’t be surprising. While I wouldn’t completely write off value stocks, growth is still the place to…

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How ‘unfeasible’ GPU costs are limiting Claro’s AI business

Claro Brasil said that the AI capacity and processing offering for companies – GPU-as-a-service –, previously announced in a partnership with Nvidia, is currently based in data centers operated by Oracle outside the country.  According to CEO Rodrigo Marques, this arrangement is due to economic and tax hurdles that still make importing GPUs to Brazil unfeasible, despite…

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Binghamton and AI: New initiative hopes to advance artificial intelligence for the public good

image:  The Innovative Technologies Complex at Binghamton University, State University of New York. view more  Credit: Binghamton University, State University of New York AI is quickly becoming a part of our everyday lives. From work tasks to gym routines and even home improvement projects, AI can be used to help with just about everything. Which…

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Banks should move forward on AI with eyes open to potential risks

Key insight: Banks should be actively experimenting with AI. The challenge is how to do so with discipline, judgment and a clear understanding of its limits. What’s at stake: AI’s weaknesses can be lethal in banking. Forward look: Banks should deploy AI thoughtfully, in partnership with experienced domain expertise and strong technological leadership. For the…

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