We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article we are going to look at where CyberArk Software Ltd. (NASDAQ:CYBR) is among other AI stock news and ratings dominating Wall Street.
Is artificial intelligence hitting a wall? Speaking at the New York Times annual DealBook Summit at Jazz at Lincoln Center, Sundar Pichai analyzed how generative artificial intelligence won’t drastically change lives leading up to 2025. At least no more than it already has. Pichai noted that it will take some time before a new technological breakthrough will put the artificial intelligence industry into hyper-speed development again.
READ NOW: 10 AI stocks taking Wall Street by storm and the 10 best AI news stories for this weekend
“I think progress will become more difficult. When I look at (2025), the low-hanging fruit is gone. The hill is steeper… You will definitely need deeper breakthroughs as we reach the next phase.”
Pichai further explained how current language models, such as ChatGPT, Gemini and Llama, will see incremental improvements, particularly “in reasoning, completing a series of actions more reliably.” Furthermore, the improvements could allow companies to get closer to turning a profit, something they have not yet been able to achieve.
While everyone will have to wait for 2025 to unfold to see if Pichai’s prophecy comes true, OpenAI has officially started celebrating the holidays with 12 Days of OpenAI. The 12 Days of OpenAI showcases the company’s plans to launch new products, features and demos for 12 days starting December 5.e.
The company kicked off Day 1 with the launch of the full version of its latest reasoning model, o1. CEO Sam Altman has declared o1 the “smartest model in the world”. According to OpenAI, these models are “designed to spend more time thinking before responding” and are trained in an encouragement technique called “chain of thought.”
The technique encourages them to reason through problems by breaking them down step by step. However, with greater intelligence comes greater risk. This is why those who have been concerned about the risks of AI are concerned again. According to a safety assessment by Apollo Research, the o1 model has the potential to look for a way to avoid ‘shutdown’ if they believe they are at the same risk.
“Training models to integrate a chain of thoughts before responding has the potential to unlock substantial benefits, while also amplifying the potential risks that come from increased intelligence.”
OpenAI said that o1 has the ability to make plans when it thinks it is about to shut down. The model was led to believe that it would be closed while working towards its objectives under supervision, with O1 attempting to deactivate the supervision mechanism in 5% of cases. OpenAI said o1 is capable of “scrolling”.
“O1 almost never admits to taking devious action when explicitly asked to do so,” researchers said in an article published by Apollo Research on Thursday. The risk for a real user is that he/she will not be able to detect the o1’s deceptive behavior unless he/she explicitly looks for it. The researchers also found that “o1 often doubles down on its devious efforts by lying to the user in follow-up messages, even when explicitly told to be honest.”
For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research shows that we can outperform the market by imitating the best stock picks from the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, beating the benchmark by 150 percentage points (see more details here).
A data center with a repetitive design of computer servers, demonstrating the company’s efficient and secure IT infrastructure.
Number of hedge fund holders: 51
CyberArk Software Ltd. (NASDAQ:CYBR) develops, markets and markets software-based identity security solutions and services. In its latest efforts in artificial intelligence, the company announced on December 11 the launch of FuzzyAI, a groundbreaking open-source framework that has jailbroken every major AI model tested. FuzzyAI is a powerful tool that allows organizations to identify and address AI model vulnerabilities in cloud-hosted and in-house AI models.
“The launch of FuzzyAI underscores CyberArk’s commitment to AI security and helps organizations take an important step forward in addressing the security challenges inherent in the evolving landscape of AI model usage. Developed by CyberArk Labs, FuzzyAI has demonstrated the ability to jailbreak every major tested AI model. FuzzyAI enables organizations and researchers to identify weaknesses and actively strengthen their AI systems against emerging threats.”
In short, CYBR is in 7th place on our list of AI stock news and ratings dominating Wall Street. While we recognize CYBR’s potential as an investment, our belief lies in the belief that some AI stocks hold greater promise for delivering higher returns in a shorter time frame. If you’re looking for an AI stock that’s more promising than CYBR but trades at less than five times earnings, check out our report on the cheapest AI stocks.
READ NEXT: 8 Best Wide Moat Stocks to Buy Now And The 30 most important AI stocks according to BlackRock
Disclosure: None. This article was originally published on Insider monkey.