AI enhances investment operations by processing complex data efficiently, but asset owners prioritise human oversight to maintain fiduciary integrity.
Nscale raises $155M to expand its AI-optimized data centers, focusing on efficient energy use and cutting-edge infrastructure for AI workloads.
Mubadala will incorporate an AI consultant in its investment committee by 2025, aiming for AI-enabled operational transformation across its $330B portfolio.
73% of investors expect measurable AI-driven productivity gains within a year, emphasizing a balance between AI adoption and workforce upskilling.
Swift Ventures launches an index of public companies truly investing in AI, showing 37% annual growth and outperforming the Nasdaq and S&P.
AI-driven stocks like Nvidia and Alphabet lead the market, driven by AI innovations across industries, from cloud computing to autonomous systems.
Nearly half of businesses achieve 2x ROI on AI, but success hinges on purpose-fit applications and strategic alignment with organizational goals.
The UK Treasury and CDDO develop criteria to evaluate AI's value in public spending, focusing on ROI and enhanced digital services.
Global AI investment in 2024 has already surpassed how much funding the industry received in 2023, even before factoring in Q4
OpenAI discusses removing AGI restrictions in its Microsoft partnership, aiming to unlock further investments while balancing commercial and ethical goals.
Nvidia-backed Nebius secures $700M to fuel AI infrastructure growth, targeting the U.S. market with cutting-edge data center designs.
Meta plans a $10B AI data center in Louisiana, focusing on energy-efficient infrastructure to support its expanding AI initiatives.
Conversational AI reshapes industries with natural language solutions, driving growth in customer service, healthcare, and financial services.