Palantir Stock Soars As Much As 28% To All-Time High—Becoming $200 Billion Company


Derek Saul Feb 4, 2025, Forbes Topline Recent stock market favorite Palantir notched another milestone Tuesday, surging after its latest earnings report to join an elite group of U.S. firms worth more than $200 billion as the software giant benefits handsomely from its “position at the center of the AI revolution,” as its billionaire CEO Alexander Karp describes it. Key Facts Shares of Palantir jumped as much as 28% shortly after 10 a.m. EST, registering a record share price of $106.91, as investors reacted overwhelmingly positively to the firm’s fourth-quarter earnings report released Monday afternoon, before the stock settled into a 21% gain by … Continue reading Palantir Stock Soars As Much As 28% To All-Time High—Becoming $200 Billion Company

Evaluation of the Cyber AI Hub programme


Published 8 January 2025 Britain has multiple initiatives underway which serve to embed emerging and future technologies into the educational infrastructure. I subscribe to a weekly update and am frequently surprised. I am a believer in the importance of rapidly diffusing AI into the educational system which will brain faster improvements in systems and embed growth mindsets that will transfer the possible productivity benefits from AI into the mainstream. Here follows the full report in this weeks weekly update: Evaluation of the Cyber AI Hub programme 1. Introduction   In November 2023, The Department for Science, Innovation and Technology’s (DSIT’s) Cyber Security … Continue reading Evaluation of the Cyber AI Hub programme

Source-DeepLearning.ai 03/01/25


Happy New Year! Hopes For 2025 With Mustafa Suleyman, Audrey Tang, Albert Gu, Hanno Basse, Joseph Gonzalez, David Ding Dear friends, Happy sum(i**3 for i in range(10)) ! Despite having worked on AI since I was a teenager, I’m now more excited than ever about what we can do with it, especially in building AI applications. Sparks are flying in our field, and 2025 will be a great year for building!  One aspect of AI that I’m particularly excited about is how easy it is to build software prototypes. AI is lowering the cost of software development and expanding the set … Continue reading Source-DeepLearning.ai 03/01/25

Copyright and Artificial Intelligence


Copyright and Artificial Intelligence Published 17 December 2024 Ministerial Foreword Both our creative industries and our AI sector are UK strengths. They are vital to our national mission to grow the economy. This consultation sets out our plan to deliver a copyright and AI framework that rewards human creativity, incentivises innovation and provides the legal certainty required for long-term growth in both sectors. At present, the application of UK copyright law to the training of AI models is disputed. Rights holders are finding it difficult to control the use of their works in training AI models and seek to be remunerated for its use. AI developers are similarly finding it … Continue reading Copyright and Artificial Intelligence

Top 10 | McKinsey Global Institute


As 2024 draws to a close, we’re revisiting our most popular insights of the year. Today, we give you our best-read pieces from the McKinsey Global Institute, which focus on topics including navigating the energy transition, investing in productivity growth, and more. 1. Geopolitics and the geometry of global trade Global trade patterns are reconfiguring. More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead. Be prepared for a range of shifts  2. A new future of work: The race to deploy AI and raise skills in Europe and beyond To gain … Continue reading Top 10 | McKinsey Global Institute

Delivering on the promise of AI in banking (Mckinsey)


Much has been written about the power of AI, including generative AI (gen AI), to transform banking. Beyond ushering in the next wave of automation, AI promises to make banks more intelligent, efficient, and better able to achieve stronger financial performance. About the authors While the buzz is undeniable, many banking C-suite leaders are increasingly asking questions about the realization of value in light of the headwinds facing the sector. Will AI live up to expectations? After initial experimentation, how can banks go from proof of concept to proof of value and truly reimagine and transform the enterprise using AI? How soon, if … Continue reading Delivering on the promise of AI in banking (Mckinsey)

The difference between using Retrieval Augmented Generation and Agents?


A thought provoking piece from Shahab Anbarjafari • Professor, Author, Public Speaker I have been discussing with a few CTOs and CIOs, all sharp, no-nonsense leaders. The question they tossed at me sounded simple: “Shahab, what’s the difference between using Retrieval Augmented Generation (hashtag#RAG) and using hashtag#Agents?” But I could sense their real curiosity—like they were trying to understand a new dimension of AI that could define the future of their organizations. In that moment, I felt like I was back at the dawn of deep learning, where we realized that neural networks were more than just pattern-matchers. They could … Continue reading The difference between using Retrieval Augmented Generation and Agents?

U.S. Special Operations Command Expands Contract with Palantir to Deliver Advanced AI and Mission Manager Capabilities


December 09, 2024 06:59 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. (NASDAQ: PLTR) today announced an expansion of its contract with the U.S. Special Operations Command (USSOCOM) to deliver technology solutions in support of enterprise capabilities. The one-year delivery is valued at $36.8 million and establishes Palantir as the lead software integrator for USSOCOM’s Mission Command System (MCS) while expanding the technology solutions supporting U.S. Special Operations Forces (SOF) globally. “Palantir’s Mission Manager is positioned to innovate the Defense industry by providing software to enable and operationalize commercial capabilities for U.S. Government missions. USSOCOM understands that commercial software can … Continue reading U.S. Special Operations Command Expands Contract with Palantir to Deliver Advanced AI and Mission Manager Capabilities

The AI National Security Memo and broader evolution of AI inferred


AI National Security Memo followed by MicKinsey memo on evolution of AI usage On October 24, 2024, the White House issued the first National Security Memorandum (NSM) on Artificial Intelligence, marking a significant development in U.S. AI policy and national security strategy[1][3]. This memorandum outlines a comprehensive approach to harnessing AI for national security objectives while addressing associated risks and challenges. Key Aspects of the AI National Security Memo AI as a National Security Priority The NSM identifies AI leadership as a critical national security priority for the United States[1]. It acknowledges that competitors have engaged in economic and technological … Continue reading The AI National Security Memo and broader evolution of AI inferred