logo
Opinion: Utah is working toward responsible AI leadership. Join us

Opinion: Utah is working toward responsible AI leadership. Join us

Yahoo12-02-2025

Last week, President Donald Trump said Chinese startup DeepSeek's successful launch of its latest AI model 'should be a wake-up call' for American industry. As the U.S. hustles to maintain its leadership in artificial intelligence, our long-term strategy needs to involve breaking down silos and working across sectors to provide the supporting cyber infrastructure, education and policies that can drive innovation.
Leadership at a national scale won't be achieved by one company, whether it's OpenAI or DeepSeek — it needs partnerships that can effectively bring together industry, academia and government. The most successful country (or state) will be the one that builds an innovation ecosystem spanning these sectors where AI can flourish, where the best minds can come together to advance AI and address important issues — for instance, improving medical diagnoses and treatments, more effectively predicting wildfires, or counteracting the downward trend of children's reading skills.
In Utah, we're working to catalyze such an ecosystem. On Jan. 28, about 70 people joined us at a Utah Tech Week event launching Utah's Responsible AI Community Consortium. Representatives from academia, government and businesses large and small — from Nvidia and Amazon Web Services to local startups — discussed how we can all work together to advance AI in Utah.
At the University of Utah, this work started under the umbrella of the $100 million One-U Responsible AI Initiative, launched by university President Taylor Randall in October 2023. We're responsibly accelerating impactful AI research at the University of Utah, but we recognize the need to work across the state to maximize our impact. We want to leverage other AI efforts, both public and private, and create a movement where the whole is greater than the sum of its parts. We want a system where anyone across the state can learn about, contribute to and benefit from AI.
So last fall, we started four community-led responsible AI special interest groups: policy, infrastructure, frameworks and best practices, and workforce development and education. The work of those groups will funnel into a consortium to benefit all stakeholders. While the University of Utah is facilitating this effort, the consortium is a co-op led by its members. We encourage all interested Utahns to join us and make their voices heard in this formative stage.
One of our community consortium's founding members is Zachary Boyd, director of Utah's Office of AI Policy. At our Jan. 28 event, Boyd described the consortium as a way to synthesize Utah's expertise and form partnerships as we work toward shared goals. 'Everything we want to do — from building responsible AI norms to making sure that adoption of AI technology throughout all sectors goes as smoothly as possible — the basis of all of that is the networks of connection,' Boyd said.
One example of a cross-sector network with the potential to benefit all Utahns: public-private partnerships where businesses work with educational institutions to build training programs that develop students' and workers' AI skills. We're already working toward such partnerships, and they'll be critical to our success. As Kevin Williams — Ascend AI Labs founder and co-leader of our workforce development and education special interest group — so incisively said at our Jan. 28 event, 'At the end of the day, all of the infrastructure, all of the policy, all of the frameworks end up at the pointy end of the spear, which is the people and the work.'
From providing computing power to developing an AI-ready workforce, it will take a village to make Utah a leader in AI. Our community consortium is that village. During Utah Tech Week, Bassam Salem — a founding member of the consortium, a member of the University of Utah Board of Trustees and the founder of Mindshare Ventures — pointed out Utah's advantage lies in its culture.
'This is not normal,' Salem told the crowd on Jan. 28. 'It's not normal for a university to invest $100 million in support of a societally impactful initiative so quickly and to make it so open, transparent and for the benefit of the entire community. It's not normal for a state government to be so accessible, so involved and so engaged with industry. And what I really love about Utah and the Utah tech scene is it's not normal that we're so collaborative, so cooperative and so constructive as an industry, all helping one another.'
Salt Lake City will once again host the Winter Olympics in 2034, Salem reminded us. 'Wouldn't it be great if in the next nine years we can make this materialize?' he asked. 'We can make Utah a hub of responsible AI.'
Join us.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Investors in Trupanion (NASDAQ:TRUP) have seen favorable returns of 92% over the past year
Investors in Trupanion (NASDAQ:TRUP) have seen favorable returns of 92% over the past year

Yahoo

time27 minutes ago

  • Yahoo

Investors in Trupanion (NASDAQ:TRUP) have seen favorable returns of 92% over the past year

These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors can boost returns by picking market-beating companies to own shares in. To wit, the Trupanion, Inc. (NASDAQ:TRUP) share price is 92% higher than it was a year ago, much better than the market return of around 11% (not including dividends) in the same period. If it can keep that out-performance up over the long term, investors will do very well! In contrast, the longer term returns are negative, since the share price is 2.4% lower than it was three years ago. So let's assess the underlying fundamentals over the last 1 year and see if they've moved in lock-step with shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Given that Trupanion didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally hope to see good revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings. Trupanion grew its revenue by 14% last year. That's a fairly respectable growth rate. Buyers pushed the share price 92% in response, which isn't unreasonable. If revenue stays on trend, there may be plenty more share price gains to come. But it's crucial to check profitability and cash flow before forming a view on the future. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). If you are thinking of buying or selling Trupanion stock, you should check out this FREE detailed report on its balance sheet. It's nice to see that Trupanion shareholders have received a total shareholder return of 92% over the last year. That's better than the annualised return of 6% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Trupanion is showing 1 warning sign in our investment analysis , you should know about... If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

While shareholders of Cloudflare (NYSE:NET) are in the black over 5 years, those who bought a week ago aren't so fortunate
While shareholders of Cloudflare (NYSE:NET) are in the black over 5 years, those who bought a week ago aren't so fortunate

Yahoo

time27 minutes ago

  • Yahoo

While shareholders of Cloudflare (NYSE:NET) are in the black over 5 years, those who bought a week ago aren't so fortunate

For many, the main point of investing in the stock market is to achieve spectacular returns. While not every stock performs well, when investors win, they can win big. Don't believe it? Then look at the Cloudflare, Inc. (NYSE:NET) share price. It's 378% higher than it was five years ago. This just goes to show the value creation that some businesses can achieve. Also pleasing for shareholders was the 48% gain in the last three months. While the stock has fallen 4.3% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Cloudflare wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually desire strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. For the last half decade, Cloudflare can boast revenue growth at a rate of 32% per year. That's well above most pre-profit companies. Arguably, this is well and truly reflected in the strong share price gain of 37%(per year) over the same period. Despite the strong run, top performers like Cloudflare have been known to go on winning for decades. On the face of it, this looks lke a good opportunity, although we note sentiment seems very positive already. You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values). It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. So we recommend checking out this free report showing consensus forecasts It's good to see that Cloudflare has rewarded shareholders with a total shareholder return of 128% in the last twelve months. That gain is better than the annual TSR over five years, which is 37%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. Most investors take the time to check the data on insider transactions. You can click here to see if insiders have been buying or selling. For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Is Howmet Aerospace Inc.'s (NYSE:HWM) Recent Stock Performance Tethered To Its Strong Fundamentals?
Is Howmet Aerospace Inc.'s (NYSE:HWM) Recent Stock Performance Tethered To Its Strong Fundamentals?

Yahoo

time27 minutes ago

  • Yahoo

Is Howmet Aerospace Inc.'s (NYSE:HWM) Recent Stock Performance Tethered To Its Strong Fundamentals?

Howmet Aerospace's (NYSE:HWM) stock is up by a considerable 35% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. In this article, we decided to focus on Howmet Aerospace's ROE. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Howmet Aerospace is: 26% = US$1.3b ÷ US$4.8b (Based on the trailing twelve months to March 2025). The 'return' is the income the business earned over the last year. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.26 in profit. See our latest analysis for Howmet Aerospace Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. Firstly, we acknowledge that Howmet Aerospace has a significantly high ROE. Secondly, even when compared to the industry average of 12% the company's ROE is quite impressive. As a result, Howmet Aerospace's exceptional 39% net income growth seen over the past five years, doesn't come as a surprise. As a next step, we compared Howmet Aerospace's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 14%. The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Howmet Aerospace is trading on a high P/E or a low P/E, relative to its industry. Howmet Aerospace has a really low three-year median payout ratio of 8.9%, meaning that it has the remaining 91% left over to reinvest into its business. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number. Additionally, Howmet Aerospace has paid dividends over a period of eight years which means that the company is pretty serious about sharing its profits with shareholders. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to rise to 11% over the next three years. Despite the higher expected payout ratio, the company's ROE is not expected to change by much. In total, we are pretty happy with Howmet Aerospace's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store