Latest news with #KonstantineBuhler
Forbes
27-05-2025
- Business
- Forbes
Spotlighting Venture's Rising Stars: The 2025 Forbes Midas Brink List
Every year, the Forbes Midas List highlights the venture capitalists whose savvy investments have shaped the tech landscape. But before they became household names, they were focused on spotting breakout founders and forging deals with promising companies. The 2025 Midas Brink List shines a spotlight on the rising stars we expect to see on the Midas List in a few years: the next generation of venture capitalists whose early wins and sharp instincts are setting them on a trajectory toward the industry's highest honors. In fact, since we launched the Brink List, more than 30% of the investors who have appeared on it have graduated to the Midas List, Midas List Europe or Midas Seed List. Each year we call upon a panel of investors previously named to the Brink List to use their experience and networks to help make the final determinations. Nina Achadjian of Index Ventures, Logan Bartlett of Redpoint Ventures and Sonya Huang of Sequoia served as our panelists this year and provided insights and knowledge that resulted in an exciting list of VCs. As always, we are excited to present the list of up-and-coming VCs who are building tomorrow's tech giants. The 2025 Forbes Midas Brink List Leigh Marie Braswell Leigh Marie Braswell Partner, Kleiner Perkins Key Deals: Neon, Nooks, Persona, Windsurf Leigh Marie Braswell is emblematic of a new breed of venture investors – one who bridges deep technical expertise with investment acuity. After receiving degrees in math and computer science at MIT, she was an early engineer at Scale AI, where she became the company's first product manager. There, she built and later led product development for computer vision annotation products. She began her investing career at Founders Fund and subsequently joined Kleiner Perkins in 2024. At Kleiner, she focuses on partnering with the next generation of infrastructure and machine learning application founders. Her first investment at Kleiner was in Windsurf, a deep learning acceleration platform designed to simplify and accelerate complex artificial intelligence workloads. She met the founders, Varun and Douglas, because they were all ex-competitive mathletes at MIT. The founders had previously started Exafunction, a GPU virtualization startup – and she partnered with them as Windsurf evolved. The company is now rumored to be a $3 billion acquisition target. Other key deals include Nooks, which automated pipeline generation by using large language models and audio AI; Neon, a next-gen cloud database company; and Persona, which focuses on identity verification. The 2025 Forbes Midas Brink List Konstantine Buhler Konstantine Buhler Partner, Sequoia Capital Key Deals: Citadel Securities, Kumo, Roblox, Verkada, XBOW Konstantine Buhler has quickly become a thought leader on the evolution of artificial intelligence. With three degrees from Stanford, including a Masters in Computer Science specializing in AI, he brings deep technical knowledge and a passion about the practical applications of machine learning to work with his founders. He built a diverse resume before diving into venture: CTO at Italia Innovation Company, product manager at RelateIQ (acquired by Salesforce and now SalesforceIQ), and time at McKinsey. He joined Sequoia Capital in 2019 after roles at Pritzker Group and on the investment team at Meritech Capital Partners. He has led many of Sequoia's early-stage AI investments, including XBOW, Rox, Dust, Enter, and Xaira, a new generation of companies tackling cybersecurity, productivity, and infrastructure callenges. He sourced and co-led Sequoia's $1 billion investment into Citadel Securities in 2021. Beyond his role at Sequoia, he is a personal seed investor in companies including OpenSea and He co-created the Forbes AI 50 list in 2018 and plays a leading role in AI Ascent, Sequoia's annual gathering of AI leaders aimed at advancing the industry. The 2025 Forbes Midas Brink List Ambar Bhattacharyya Ambar Bhattacharyya Managing Partner, Maverick VenturesKey Deals: Hims & Hers, MosaicML, Collective Medical Technology, Cityblock Health, Nourish Ambar's journey is a testament to the power of domain expertise paired with bold investing. Before joining Maverick Ventures, he was an operator at MinuteClinic, the trailblazing healthcare startup ultimately acquired by CVS Health. After spending time at Bain Capital Ventures and Bessemer Venture Partners, he went on to lead Maverick's first or second checks into many category-defining healthcare innovators, often at the seed or Series A stage. At Hims & Hers, Bhattacharyya served on the board from Series A through IPO, with the company reaching a peak market cap of about $15 billion. He led the spin-out of Cityblock Health from Alphabet and led Maverick's Series A investment in MosaicML seven months before it was acquired by Databricks for $1.2 billion in June 2023. Almost all his notable wins were initiated at the seed or Series A stages, and he served in board roles in nearly all of those investments. Other key investments include gene editing companies Caribou Biosciences and Homology Medicines as well as healthcare tech companies Collective Medical Technologies and Devoted Health. His colleagues note that his combination of deep healthcare domain expertise, disciplined strategy and keen foresight sets him apart. The 2025 Forbes Midas Brink List Miles Clements Miles Clements Partner, Accel Key Deals: Cursor, Laravel, Linear, Remote Miles Clements joined Accel in 2009 as the firm's first associate and has since become a driving force behind Accel's growth strategy, helping to lead that fund. His portfolio proves that he is willing to hunt for and back the best founders regardless of geography, with companies in Bucharest, Little Rock, San Francisco and beyond. He invests across AI, cloud and enterprise software, and has led the firm's investments in several breakout companies including Linear, Cursor, and Laravel, where Accel's $57 million Series A investment is fueling the company's expansion into fully-managed cloud infrastructure products while maintaining a strong open-source ethos. Earlier in his career at Accel, he worked on landmark investments in Atlassian, UiPath, and which was acquired by LinkedIn. Beyond investing, Clements oversees Accel's Ignite program, bringing together CROs and revenue leaders from across the tech ecosystem. The 2025 Forbes Midas Brink List Sofia Dolfe Sofia Dolfe Partner, Index Ventures Key deals: Atlar, Cradle, Dream Games, Printify Sofia Dolfe is a Partner at Index Ventures. She invests in a wide range of sectors, from gaming and financial services to healthcare, and is particularly interested in how AI accelerates innovation across these sectors. She began her investing career at Index Ventures in London, where she sourced and led investments in high-growth companies Cradle and Atlar. She was instrumental in closing the firm's investment in Dream Games and worked closely with the company's founder to the recent investment from PE firm CVC that valued the company at around $5 billion. At Printify, she represented Index on the board and facilitated the company's merger with Printful. Prior to joining Index in 2018, she was an investor at EQT Ventures in Stockholm and a consultant with EY-Parthenon in London and Paris. She currently works in Index's San Francisco office, bringing her global perspective to the team. The 2025 Forbes Midas Brink List Jacob Effron Jacob Effron Managing Director, Redpoint Ventures Key Deals: Abridge, Legora, Garner, Scribe, AcuityMD Jacob Effron is a Partner at Redpoint Ventures, where his portfolio includes AI, enterprise software and healthcare, including several category-defining companies. He's known for building trusted relationships with founders and for being a deep thinker - something Abridge CEO Shiv Rao credits as an unfair advantage to the company. At Abridge, he co-led the $150 million Series C in February 2024 alongside Lightspeed at a $850 million post-money valuation. Just a year later the company raised a round valuing it at $2.75 billion. In addition to Abridge, he's led or co-led investments in Scribe, AcuityMD, Legora and Poolside. He works closely on Scribe, an AI-based platform that helps document and scale work processes that saw a $245 million post-money value after its February 2024 Series B financing. He hosts two of Redpoint's podcasts: Unsupervised Learning, where he's interviewed top leaders like Marc Benioff of Salesforce, Thomas Dohmke of GitHub, and Aravind Srinivas of Perplexity; and Vital Signs, a healthcare-focused show featuring experts like Mandy Cohen of the CDC and Sarah London of Centene. The 2025 Forbes Midas Brink List Ramtin Naimi Ramtin Naimi Managing Partner, Abstract Key deals: Krea, Verse Medical, WorkOS Ramtin Naimi's story begins with an early entrepreneurial spark. At just 13, he began trading tech stocks, ultimately choosing to forgo college in order to pursue entrepreneurship and investing full-time. After launching a hedge fund, he transitioned into private market investing, making early bets on companies like Rippling and Solana. In 2016, at age 25, he founded Abstract to further focus on seed and early-stage investing. Since then, he has led the seed rounds for a number of exciting companies. Krea is a creative collaboration and content generation platform that subsequently closed a $47 million Series B in April 2025. He also backed healthcare tech company Verse Medical, which provides software for in-home healthcare. That company most recently raised a $42 million Series B round in April 2024. Other early high-conviction bets include Neon, Hebbia, Polymarket, Replit, Partiful, and Clay. The 2025 Forbes Midas Brink List Sarah Wang Sarah Wang General Partner, Andreessen Horowitz Key deals: Cursor, Hex, Wiz, World Labs In her role on the growth investing team at Andreessen Horowitz, Sarah Wang focuses on AI and enterprise technology investments. Her academic path is as impressive as her professional one: a John Harvard Scholar and graduate in economics from Harvard and an MBA from Stanford. Her early career included stints at Morgan Stanley and the Boston Consulting Group, before she dove into venture capital at DCM Ventures and Radicle Impact. She then joined TA Associates to invest in founders at growth-stage companies. Since joining a16z, she has worked with some of the most exciting names in the industry, including collaborative data analytics company Hex, where she is a board member and led the Series B. She led the initial round of funding at and played a key role in helping the team navigate a pivotal deal with Google that has positioned the company as a leader in conversational AI. She led the Series B at Cursor, co-led the Series B at World Labs and led the Series B for data analytics workspace Hex. She also co-led Wiz's $1 billion Series E financing in May 2024, resulting in a post-money value of $12 billion – a bet that paid when Google announced its intent to acquire the company for $32 billion acquisition in March 2025. The 2025 Forbes Midas Brink List Liz Wessel Liz Wessel Partner, First Round Capital Key deals: David AI, Gumloop, M7, Reducto Liz Wessel loves working with companies that are reimagining old-school industries or that exist as a result of new or breakthrough technologies. As the cofounder and CEO of WayUp, she spent several years building a platform for early-career talent, ultimately leading the company through a successful acquisition in 2021. She took that founder experience to Y Combinator as a Visiting Group Partner, where she coached more than 100 early-stage companies. Since joining First Round in late 2023, she's led seed rounds in a string of high-potential companies that are already seeing sales traction and valuation increases. She was the lead seed investor in nurse-matching platform M7 in July 2024 and led the seed round in Reducto in March 2024. That company went on to secure a $25 million Series A from Benchmark earlier this year, with founders crediting her hands-on support and strategic insight as pivotal. She is also an active angel investor, having backed another 40+ startups at their earliest stages, including Ramp, ScaleAI, Ro, Artera and others. The 2025 Forbes Midas Brink List Suzanne Xie Suzanne Xie Partner, Neo Key deals: Aethero, Bluesky, dub, Nucleus Genomics, Tutor Intelligence Suzanne Xie's journey from serial entrepreneur to early-stage investor is resulting in the rise of some of tech's most ambitious startups. Before joining Neo as its first investment partner in 2023, she built and scaled multiple companies. She founded Weardrobe (acquired by kids app Hullabalu and Lightwell, an early no-code platform for mobile apps that was acquired by Twitter in 2019. At Twitter she became director of product and later led Stripe's B2B and finance software businesses, launching Stripe Invoicing. As a founder, she participated in Y Combinator, Techstars and Facebook's first accelerator program, giving her perspective on the venture experience from a founder's point of view. As an investor, she works to back visionary founders early. She led the first institutional seed round for decentralized social platform Bluesky, which was spun out of Twitter, and led the pre-seed financing for Aethero while working closely with the company as it participated in Neo's accelerator. And she started working with Nucleus Genomics, whose genetic testing and analysis platform enables understanding of genetic predispositions, before its $14 million Series A round was closed in January 2025. The Midas Brink List isn't just about who's winning today – it's about who's building tomorrow. With these investors at the table, the odds look very good indeed.
Forbes
10-04-2025
- Business
- Forbes
How Forbes Compiled The 2025 AI 50 List
Forbes' AI 50 list spotlights the most promising privately-held companies applying artificial intelligence to solve real-world challenges. Created in partnership with data partners Sequoia and Meritech Capital, the seventh annual installment reflects how companies across industries are using AI tools to streamline and even fully take over tasks previously done by humans. The selection process begins with both a public call for nominations and targeted outreach to thousands of eligible startups by our partner, Meritech Capital. There is no fee to apply. Nominees are asked to provide both qualitative insights into aspects such as their business models, technical talent and how they're building and using AI-enabled technology—as well as quantitative metrics including valuation, revenue and fundraising history. Companies may opt to submit some data confidentially. While optional, we also encourage submission of diversity-related metrics. Forbes In parallel, Forbes, Meritech and Sequoia identify standout AI companies that may not have applied but merit evaluation. For these, we rely on publicly accessible sources such as PitchBook, Crunchbase and LinkedIn. Since 2023, eligibility has extended beyond North America to include privately-held companies worldwide. This year, Forbes received 1,861 submissions—making this year one of our most competitive yet. An initial quantitative review of nominees is conducted using a proprietary algorithm developed by Sequoia Capital partner Konstantine Buhler. This model considers a mix of company-submitted data and external signals (including employee satisfaction scores, funding history and customer traction) to assess three core dimensions: financial strength, organizational culture and diversity. While withholding data does not harm an application, submitting comprehensive details can improve visibility in the review process. From there, the top 100 companies are reviewed by a panel of expert judges with backgrounds in academia, research and leading technology firms (full list below). These reviewers assess the nominees' technical rigor, innovation potential and team strength. The most promising 70 companies are then evaluated by a group of seasoned AI investors, who weigh in with market-focused perspectives on competitiveness and scalability. Any judge with a financial stake in a candidate company is recused from evaluating it. The final AI 50 list is curated by Forbes editors and reflects the most compelling AI startups of the year. Companies are presented alphabetically and are not ranked. Expert Judges Joy Buolamwini Dr. Joy Buolamwini is the founder of the Algorithmic Justice League, a research institute that focuses on the harms and social implications of artificial intelligence. As a researcher at MIT, her paper titled 'Gender Shades' revealed how facial recognition systems from leading companies like IBM, Amazon and Microsoft misgendered women and darker-skinned individuals. She was the protagonist of an Emmy-nominated documentary called "Coded Bias" which demonstrated the dangers of algorithmic biases. She has also advised Congress and other government agencies on equitable AI policy. Tanya Berger-Wolf Tanya Berger-Wolf is a professor of computer science engineering, electrical and computer engineering, and evolution, ecology and organismal biology at Ohio State University, as well as the director of the school's Translational Data Analytics Institute. Berger-Wolf serves as a scientific advisor for organizations including the U.S. National Academies Board on Life Sciences, the U.S. National Committee for the International Union of Biological Sciences, the Global Partnership on AI and The Nature Conservancy. Thomas Dohmke Thomas Dohmke is CEO of Microsoft-owned GitHub. He has overseen the launch of the world's first at-scale AI developer tool, GitHub Copilot, as well as its successors Copilot Workspace and GitHub Models. Dohmke previously cofounded HockeyApp and led the company as CEO through its acquisition by Microsoft in 2014. Prior to taking the helm at Github, he was a vice president and chief product officer. Joe Edwards Joe Edwards is a director of product marketing at UiPath, an AI-powered workforce automation company with a $6 billion market capitalization. Prior to UiPath, Joe was a program manager within the U.S. Treasury Department, where he led a team that built the agency's first apps for mobile check deposit and digital ticketing. R. David Edelman R. David Edelman is the director of the Project on Technology, the Economy & National Security at the MIT Internet Policy Research Initiative. He has been a global strategy and public policy lead for various startups; a venture capital investor in deep tech companies; and a special assistant to President Barack Obama on issues of economic and technology policy. In that role, he coauthored the federal government's foundational AI strategy. Anna Korhonen Anna Korhonen is a professor of artificial intelligence at the University of Cambridge where she is the co-director of the Cambridge Language Technology Lab and the director of the Centre for Human-Inspired Artificial Intelligence. Her research focuses on natural language processing and AI for social and global good. Jason Mars Jason Mars is a professor of computer science at the University of Michigan. His research focuses on conversational artificial intelligence, computer vision and natural language processing. Mars has cofounded several companies with valuations that have exceeded $200 million. Most recently, he is the founder and CEO of Jaseci Labs, a company that provides open-source tools for AI product development. Nashlie Sephus Nashlie Sephus is the principal AI/ML evangelist for AWS AI, where she focuses on fairness and identifying biases in artificial intelligence. After joining Amazon as an applied science manager in 2016, she led multiple product launches including visual search for replacement parts on the Amazon Shopping app in 2018. She is also the CEO and founder of Bean Path, a nonprofit focused on local technical assistance and economic development in Jackson, Mississippi. Sophie Lebrecht Sophie Lebrecht is the chief operating officer at Ai2, a nonprofit AI research institute founded by Paul Allen. Prior to joining Ai2, Lebrecht led next-generation Machine Intelligence efforts at Apple while also leading M&A for Apple's AI/ML division. She was the Senior Vice President of Strategy and Operations and led product development and partnership deals at an Ai2 spinout that created low-power AI tools that weren't based on the cloud, until it was acquired by Apple in 2020. Investor Panel Konstantine Buhler Konstantine Buhler is a partner at Sequoia Capital, investing in AI and machine learning. Buhler—who also served as a data partner for Forbes' 2025 AI 50 List—is a partner at security tech company Verkada, biotech company Xaira and AI-fueled security company XBOW, among others. Before joining Sequoia in 2019, Buhler—who was also an angel investor in OpenSea and a principal at Meritech Capital. Sarah Catanzaro is a general partner at Amplify Partners, where she focuses on investing in and advising startups in AI, data management and distributed systems. Catanzaro previously worked on data strategy and led data science and AI teams for defense tech companies including Mattermark, Palantir, Cyveillance and the Center for Advanced Defense Studies. Sameer Dholakia Sameer Dholakia is a partner of the growth investment practice at Bessemer Venture Partners, where he invests in cloud and AI startups. Before Bessemer, Sameer served as the CEO of SendGrid in 2014, leading the company through a successful IPO in 2017 and subsequent acquisition by cloud communications company Twilio for approximately $3 billion in 2019. Miles Grimshaw Miles Grimshaw is a general partner at Thrive Capital, where he's invested in AI, applications, developer infrastructure and consumer tech. He's led investments in Github, Slack and ScaleAI—and has partnered with founders at AI-powered code editor Cursor, digital operations platform Airtable and employee engagement software Lattice, to name a few. Miles has served on the boards of multiple companies, including Benchling, Segment, Monzo, Chai, LangChain, Glide and Supergreat. Sarah Guo Sarah Guo is the founder and a partner at Conviction, a venture capital firm launched in 2022 to invest in intelligent software. Prior to starting her own firm, she spent a decade as a general partner at Greylock Partners. Guo has been an early investor or advisor to more than 50 companies, and co-hosts an AI podcast called 'No Priors' with Color cofounder Elad Gil. In January, Conviction closed on its second fund with $230 million, twice the size of the firm's first. Aaref Hilaly Aaref Hilaly is a partner at Bain Capital Ventures, investing in early-stage AI companies, including Contextual AI, Decagon and EvenUp. Before Hilaly was an investor, he was an entrepreneur, cofounding two companies that were acquired by Sun Microsystems and Symantec. Prior to his role at BCV, Hilaly spent seven years as a partner at Sequoia and served on the boards of biotech company Guardant (NASDAQ: GH) and revenue platform provider Clari. Jocelyn Goldfein Jocelyn Goldfein is a managing director at Zetta Ventures Partners, where she invests at the seed stage in AI-native application and infrastructure companies. She has backed startups like AI infrastructure platform Weaviate and Databricks-acquired firm Tabular. Goldfein previously worked as an engineering executive at VMware and Facebook. She launched her career as a software engineer and entrepreneur after studying computer science at Stanford. Christopher Manning Christopher Manning is a partner at AIX Ventures, an investment firm leveraging industry expertise to advance the AI space. Manning is also an associate director of Stanford University's Institute for Human-Centered Artificial Intelligence, and the school's inaugural Thomas M. Siebel professor in machine learning. Considered a pioneer in natural language processing, he was previously the director of Stanford's AI lab and has received two ACL Test of Time Awards and the IEEE John von Neumann Medal. Ravi Mhatre Ravi Mhatre is a founding partner at Lightspeed Venture Partners. With over 25 years of venture capital experience under his belt, he has invested in a broad spectrum of tech companies and played a key role in Anthropic's latest funding round. He sits on the board of Anthropic and has also invested in companies like Anduril, AppDynamics, Glean, Guardant, MuleSoft, Natera, Nutanix, Offchain Labs, Rubrik, ThoughtSpot, Zscaler and Wiz. Matt Murphy is a partner at Menlo Ventures, where he backs companies from pre-revenue to growth in focus areas including AI infrastructure stack, developer workflows and AI-first applications. Murphy has been a venture capitalist for more than two decades, working at Kleiner Perkins before joining Menlo in 2015. He began his career as a product manager at Sun Microsystems and NetBoost, a startup which was later acquired by Intel. In July 2024, Menlo Ventures announced a $100 million fund in partnership with Anthropic to invest in up and coming AI startups. Rudina Seseri Rudina Seseri is the founder and managing partner of Glasswing Ventures, an early-stage venture capital firm that invests in enterprise and security companies using AI. It has more than $300 million in assets under management. Seseri has nearly two decades of investing and operational experience in high-growth companies across enterprise software, data infrastructure and automation. She is also an executive fellow at Harvard Business School and a Connection Science Fellow at MIT. Rob Toews is a partner at Radical Ventures and leads its San Francisco Bay Area office. Toews previously led AI investment as an investor at Highland Capital. He spent several years in the world of autonomous vehicles, helping lead the strategy team at Zoox (acquired by Amazon for $1.3 billion in 2020) and working on autonomous vehicle policy in the White House under President Barack Obama. In August, the firm raised $800 million in new capital to invest in later-stage AI startups. Rob Ward Rob Ward is the cofounder of Meritech Capital Partners which he cofounded in 1999 alongside Mike Gordon and Paul Madera. Ward currently helps lead the firm's investment in infrastructure, application software, and data and analytics companies. He has been an integral part of numerous Meritech investments over the past 25 years, including companies like Facebook, NetSuite, Roblox, Salesforce, Snowflake and Tableau. Emily Zhao Emily Zhao is a principal at Salesforce Ventures where she leads the fund's AI infrastructure investments. Zhao partners with founders from Series A onwards to help them scale their go-to-market strategy. She has backed companies like Together AI, Hugging Face, Anthropic, Runway and World Labs. Zhao launched her investment career in private equity at Blackstone, and before joining Salesforce Ventures three years ago, she worked as an investor at New York-based Avenir Growth Capital. Forbes
Yahoo
02-03-2025
- Business
- Yahoo
ExlService Holdings, Inc. (EXLS) Unveils EXLerate.AI to Enhance Enterprise AI Integration
We recently compiled a list of the . In this article, we are going to take a look at where ExlService Holdings, Inc. (NASDAQ:EXLS) stands against the other AI stocks. Are we in an artificial intelligence hype cycle, and will the cycle ever turn into meaningful value for enterprises? That's the big question as investors question whether revolutionary technology has been hyped out of proportion. Amid the concerns, Silicon Valley investors and tech giants remain optimistic that the technology at the heart of the fourth industrial revolution will one day deliver trillions of dollars in business value. 'We are definitely in a hype cycle, especially for generative AI,' said Konstantine Buhler, a partner at Sequoia Capital, speaking on a panel at The Wall Street Journal's CIO Network Summit on Monday. Some corporate technology leaders claim they cannot wait for AI to improve or demonstrate its long-term worth despite the technology's return on investment taking longer. Customer service and code writing are currently the first fields where AI is promising, but the revolutionary developments that will yield those trillions may still be some time off. If there is something history has shown is that generating returns from new technology investments is a high-pressure game that takes some time. According to Buhler, it took many years to generate significant returns from AI's first and second eras despite trillions of dollars in market capitalization being created in the 2000s. Despite the growing concerns about how long it will take to generate returns from AI investments, companies and businesses are increasingly integrating the revolutionary technology to enhance operations and efficiency. While American banks have been using AI for years to spot frauds, it's only now that most are betting big on the technology. In the past year, banks led by JPMorgan have rolled out large language models for more employees. Additionally, the banks use generative artificial intelligence in call centers for agents. At JPMorgan, over 200,000 people have an AI tool at their desks. According to Teresa Heitsenrether, JPMorgan's chief data and analytics officer, it is still early to start seeing productivity gains across the bank in integrating AI. 'It's very early innings. First we want to put the tool in people's hands, and let them be able to ask questions and get answers. That already starts to spawn ideas, innovation, some productivity,' Heitsenrether said. While the focus has been on AI's monetary value, the International Monetary Fund notes that AI will affect 40% of jobs worldwide. While technology is expected to complement most jobs, it will replace some. 'In advanced economies, about 60 percent of jobs may be impacted by AI. Roughly half the exposed jobs may benefit from AI integration, enhancing productivity. For the other half, AI applications may execute key tasks currently performed by humans, which could lower labor demand, leading to lower wages and reduced hiring,' IMF said in a blog post. AI stands out for its capacity to influence highly skilled occupations. As a result, compared to emerging markets and developing economies, advanced economies face more risks from AI but also have more opportunities to take advantage of its advantages. For this article, we selected AI news updates by going through news articles, stock analyses, and press releases. These stocks are also popular among hedge funds as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A cross section of a data analyst overviewing code on several Holdings, Inc. (NASDAQ:EXLS) is an information technology services company that offers digital operations and solutions and analytics-driven services. The company also helps businesses leverage data and artificial intelligence to become more efficient and profitable. On February 25, the company unveiled an advanced agentic AI platform. The AI powered platform seeks to help enterprises integrate AI solutions into their business operations. The platform comes with 10 industry specific AI agents designed to enhance efficiency, customer experience and scalability across business operations in various sectors from insurance to healthcare retail and financial services. 'We invested in with three core principles in mind: a strong data and domain foundation, flexibility for rapid innovation and the ability to integrate AI seamlessly into enterprise operations,' said Anand 'Andy' Logani, EXL's chief digital and AI officer. Overall EXLS ranks 8th on our list of the AI stocks analysts are monitoring. While we acknowledge the potential of EXLS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EXLS but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-03-2025
- Business
- Yahoo
Rivian Automotive, Inc. (RIVN) Advances AI-Driven ADAS Amid Strong Q4 Profitability
We recently compiled a list of the . In this article, we are going to take a look at where Rivian Automotive, Inc. (NASDAQ:RIVN) stands against the other AI stocks. Are we in an artificial intelligence hype cycle, and will the cycle ever turn into meaningful value for enterprises? That's the big question as investors question whether revolutionary technology has been hyped out of proportion. Amid the concerns, Silicon Valley investors and tech giants remain optimistic that the technology at the heart of the fourth industrial revolution will one day deliver trillions of dollars in business value. 'We are definitely in a hype cycle, especially for generative AI,' said Konstantine Buhler, a partner at Sequoia Capital, speaking on a panel at The Wall Street Journal's CIO Network Summit on Monday. Some corporate technology leaders claim they cannot wait for AI to improve or demonstrate its long-term worth despite the technology's return on investment taking longer. Customer service and code writing are currently the first fields where AI is promising, but the revolutionary developments that will yield those trillions may still be some time off. If there is something history has shown is that generating returns from new technology investments is a high-pressure game that takes some time. According to Buhler, it took many years to generate significant returns from AI's first and second eras despite trillions of dollars in market capitalization being created in the 2000s. Despite the growing concerns about how long it will take to generate returns from AI investments, companies and businesses are increasingly integrating the revolutionary technology to enhance operations and efficiency. While American banks have been using AI for years to spot frauds, it's only now that most are betting big on the technology. In the past year, banks led by JPMorgan have rolled out large language models for more employees. Additionally, the banks use generative artificial intelligence in call centers for agents. At JPMorgan, over 200,000 people have an AI tool at their desks. According to Teresa Heitsenrether, JPMorgan's chief data and analytics officer, it is still early to start seeing productivity gains across the bank in integrating AI. 'It's very early innings. First we want to put the tool in people's hands, and let them be able to ask questions and get answers. That already starts to spawn ideas, innovation, some productivity,' Heitsenrether said. While the focus has been on AI's monetary value, the International Monetary Fund notes that AI will affect 40% of jobs worldwide. While technology is expected to complement most jobs, it will replace some. 'In advanced economies, about 60 percent of jobs may be impacted by AI. Roughly half the exposed jobs may benefit from AI integration, enhancing productivity. For the other half, AI applications may execute key tasks currently performed by humans, which could lower labor demand, leading to lower wages and reduced hiring,' IMF said in a blog post. AI stands out for its capacity to influence highly skilled occupations. As a result, compared to emerging markets and developing economies, advanced economies face more risks from AI but also have more opportunities to take advantage of its advantages. For this article, we selected AI news updates by going through news articles, stock analyses, and press releases. These stocks are also popular among hedge funds as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A state-of-the-art electric vehicle charging at a station at a suburban Automotive, Inc. (NASDAQ:RIVN) designs, develops, manufactures, and sells electric vehicles and accessories. The company also utilizes artificial intelligence to develop advanced driver assistance systems (ADAS) within its electric vehicles. Research firm Guggenheim reiterated its Buy rating on the stock on February 24 but cut the price target to $16 from $18. The research firm reiterated a buy rating in Rivian Automotive, Inc. (NASDAQ:RIVN), buoyed by its fourth-quarter financial results that showed success in achieving a gross profit of $170 million on improvements in variable costs. The California carmaker is quickly enhancing driver-assist features on the R1T pickup and R1S crossover by utilizing its second-generation vehicle platform and software advancements from artificial intelligence. Overall RIVN ranks 6th on our list of the AI stocks analysts are monitoring. While we acknowledge the potential of RIVN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RIVN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap. Disclosure: None. This article is originally published at Insider Monkey.
