The head of ChatGPT was 'surprised' by how much people were attached to GPT-4o.
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AI to help slash NHS hospital discharge delays, officials say
Technology is being piloted to help free up NHS hospital beds which are occupied by people fit to be sent home, officials have announced. The platform uses artificial intelligence (AI) to help complete the documents needed to discharge patients, potentially saving hours of delays. The move will allow doctors to spend less time on paperwork and more time focused on care, cutting waiting times in the process, according to Health Secretary Wes Streeting. The technology, which is being piloted at Chelsea and Westminster NHS Trust, extracts information from medical records, including diagnoses and test results. This helps medics to draft discharge summaries, which have to be completed before a person is sent home from hospital. The document is then reviewed by healthcare professionals responsible for the patient and used to send them home or refer them to other services. The tool will be hosted on the NHS Federated Data Platform (FDP), a shared software system aiming to make it easier for health and care organisations to work together and provide better services to patients The current manual system can sometimes leave patients waiting for hours to be discharged, as doctors may be too busy to fill in forms, according to the Department for Science, Innovation and Technology. Mr Streeting said: 'This potentially transformational discharge tool is a prime example of how we're shifting from analogue to digital as part of our 10-year health plan. 'We're using cutting-edge technology to build an NHS fit for the future and tackle the hospital backlogs that have left too many people waiting too long. 'Doctors will spend less time on paperwork and more time with patients, getting people home to their families faster and freeing up beds for those who need them most.' The AI tool for discharge summaries is one of a number of projects to be backed by Prime Minister Sir Keir Starmer. In January, he said AI will be used to 'turn around' the economy and public services. Elsewhere, the Government has announced that technology shown to halve the time probation officers spend organising notes will be given to all 12,000 probation officers later this year. The system helps to transcribe and take notes from meetings that officers have with offenders after they leave prison. Speaking on a visit to Chelsea and Westminster Hospital, Technology Secretary Peter Kyle said: 'This is exactly the kind of change we need, AI being used to give doctors, probation officers and other key workers more time to focus on delivering better outcomes and speeding up vital services. 'This Government inherited a public sector decimated by years of underinvestment and is crying out for reform. 'These AI exemplars show the best ways in which we're using tech to build a smarter, more efficient state. 'When we get this right across government, we're talking about unlocking £45 billion in productivity gains, delivering our plan for change and investing in growth, not bureaucracy.'
Business Insider
20 minutes ago
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Cathie Wood Buys the Dip in CoreWeave Stock (CRWV) While Wall Street Remains Cautious
CoreWeave (CRWV) stock has plunged nearly 33% since the company announced its second-quarter results. The artificial intelligence (AI)-powered cloud computing company generated a 207% jump in its Q2 revenue but reported a larger-than-anticipated loss. Moreover, concerns about near-term volatility due to the end of the lock-up period, which allows early investors and insiders to sell the stock, are also weighing on investor sentiment. While Cathie Wood bought the dip in CoreWeave stock by purchasing 120,229 shares via the ARK Next Generation Internet ETF (ARKW) on Friday, Wall Street remains cautious due to high leverage and significant capex. Despite the recent pullback, CRWV stock has risen about 150% from its initial public offering (IPO) price of $40. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Meanwhile, CoreWeave's key AI chip supplier, Nvidia (NVDA), increased its stake in the AI infrastructure company in Q2 2025. Following the Q2 print, Bank of America Securities analyst Bradley Sills lowered the price target for CoreWeave stock to $168 from $185 and reiterated a Hold rating. The 4-star analyst noted that a 4% quarter-over-quarter rise in backlog, excluding the OpenAI deal, was somewhat disappointing, though it does not include a second announced expansion deal that will be included in Q3. Sills added that the company didn't provide much information about the status of the Core Scientific (CORZ) deal. He expects the speculation about regulatory scrutiny to remain an overhang on CRWV stock. Sills also expects the lock-up expiration to be an overhang on CoreWeave stock. That said, the analyst believes that CoreWeave remains well-positioned to benefit from a ramping AI infrastructure industry. Meanwhile, Morgan Stanley analyst Keith Weiss reiterated a Hold rating on CoreWeave stock with a price target of $91. The 4-star analyst stated that accruing and expanding large contracts from the most demanding generative AI users validate CoreWeave's strong positioning for the ramping graphics processing units (GPU) build-out. Weiss thinks that large contract wins from Microsoft (MSFT) and ChatGPT-maker OpenAI are 'enabling a top-line scaling function,' but present a double-edged sword. While on one side, these deals validate CRWV's strong technology from the most demanding AI customers, on the other hand, they bring in a level of customer concentration risk, setting a high bar for other customers to become meaningful to the overall story. Is CoreWeave Stock a Good Investment? Overall, Wall Street is sidelined on CoreWeave stock, with a Hold consensus rating based on 16 Holds, six Buys, and two Sell recommendations. The average CRWV stock price target of $115.29 indicates 15.3% upside potential from current levels.
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an hour ago
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Veteran trader highlights crypto miner after Google deal
TheStreet Pro's Stephen Guilfoyle knows what you're thinking. The veteran trader recently turned his attention to TeraWulf (WULF) , which saw its stock skyrocket on Aug. 14. Don't miss the move: Subscribe to TheStreet's free daily newsletter "Sarge, isn't Terawulf a cryptocurrency mining operation?" he wrote. "Yes, but that said, the firm is transitioning into something bigger and potentially far more consequential than that." Guilfoyle said TeraWulf has pivoted toward providing infrastructure to so-called hyperscalers, the large cloud service providers offering massive computing power and storage capacity, with a focus on AI-related workloads. "In short, the firm is likely trying to position itself as a competitor to CoreWeave (CRWV) ," he said, referring to the AI cloud-computing startup. Image source: East Bay Times via Getty Images Founded in 2021, TeraWulf said on its website that it provided "domestically produced bitcoin by using more than 90% zero carbon energy today." Guilfoyle, whose career dates back to the floor of the New York Stock Exchange in the 1980s, said Terawulf reached two 10-year agreements with AI cloud platform company Fluidstack to supply high-performance computing clusters to large cloud providers. Google parent Alphabet (GOOGL) has agreed to provide funding of $1.8 billion to help finance this project. In return, Alphabet received warrants to acquire roughly 41 million shares of TeraWulf that would amount to an 8% stake when exercised. More Experts Stocks & Markets Podcast: Sectors to Avoid With Jay WoodsTrader makes bold call with Boeing stock after defense workers strikeVeteran fund manager sends urgent 9-word message on stocks "These are truly a game changer for TeraWulf," Chief Financial Officer Patrick Fleury told analysts during the second-quarter earnings call. "The Fluid Stack lease and Google support agreement are carefully structured to enhance our credit profile and position us to scale quickly." TeraWulf's stock has surged 55.4% this year and skyrocketed 144% from this time in 2024. TeraWulf beat Wall Street's quarterly earnings expectations, with revenue increasing 34% year-over-year to $47.6 million. The company cited a higher average bitcoin price and expanded mining capacity, offset partly by expected headwinds from increased network difficulty and the April 2024 halving, where bitcoin reduced the block reward by 50%. "My target price is around $9.50," Guilfoyle said. "This is a trade, not an investment, and I expect to be flat the name by the closing bell should short-term traders take profits en masse on Friday." Clear Street analyst Brian Dobson raised the investment firm's price target on TeraWulf to $12 from $9 and affirmed a buy rating on the shares, according to The Fly. The colocation agreements with Fluidstack, supported by Google's $1.8 billion lease backstop and equity stake, and 80-year ground lease at the Cayuga site in New York, "materially enhance" TeraWulf's long-term growth profile, the analyst said. The firm upped its 2027 Ebitda estimate to reflect TeraWulf's expanding high performance computing portfolio. It sees potential upside to its outlook as it does not consider new business wins. Adding Fluidstack as a client, along with Google's commitment, "will create significant momentum and increase the likelihood of additional contract wins going forward," Dobson contended. Citizens JMP analyst Greg Miller raised the firm's price target on TeraWulf to $13 from $7 and maintained an outperform rating on the shares. Related: AI leader stuns Google with move that could reshape the internet TeraWulf reported solid Q2 results, underscoring progress in its strategic pivot toward high-performance computing hosting, the analyst said. The company is likely to exit mining by the next halving event, and it retains the flexibility to redeploy mining capacity toward HPC, aligning with customer demand trends, the firm says. Analysts have noted a shift from bitcoin mining to AI data centers, as both require huge amounts of electricity. A report by the International Energy Association said that electricity demand from data centers worldwide is set to more than double by 2030 to around 945 terawatt-hours, slightly more than the entire electricity consumption of Japan today. "Hyperscalers with generative AI needs are particularly interested in converting to bitcoin mining data centers due to the substantial power requirements and the urgency of deployment timelines," Prakash Vijayan, a senior analyst with Driehaus Capital Management, wrote in November. Vijayan said generative AI applications demand immense computational power and energy, often 10 times more than standard operations. "Bitcoin mining data centers are equipped with advanced cooling systems and have access to cheap, substantial energy sources," he said. "This presents an ideal solution for these needs." By repurposing existing bitcoin mining facilities, Vijayan said, hyperscalers can significantly reduce timelines and meet the growing demand for AI services more efficiently. "Given these trends, bitcoin miners are increasingly transitioning to AI data centers as a strategic move to diversify their revenue streams and leverage their existing infrastructure," he added. Related: The stock market is being led by a new group of winners The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
