We recently compiled a list of the 15 AI News Updates That Broke the Internet. In this article, we are going to look at where Upland Software, Inc. (NASDAQ:UPLD) compares to the other AI stocks that have recently broken the internet.
With Trump soon to take over, steps towards an overhaul of US policy have begun. President-elect Trump said Thursday he is appointing former Pay Pal Chief Operating Officer David Sacks as his “White House AI & Crypto Czar.”
“David will lead policy for the administration in artificial intelligence and cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas.”
NOW READ: 15 AI news investors shouldn’t miss and 15 buzzy AI stocks making headlines
Officials such as the crypto czar, a title not known to be official, along with other officials in the incoming Trump administration such as the chairmen of the Securities and Exchange Commission and Commodity Futures Trading Commission, are expected to shape U.S. policy on digital currency reform. along with a newly formed crypto advisory board. boy Gil, an entrepreneur, stated in a post on Sam Altman, CEO of OpenAI, also congratulated him.
In other news, OpenAI has introduced a ‘research-worthy’ version of its core artificial intelligence (AI) model. The ChatGPT Pro is a $200 per month subscription that includes unlimited access to the company’s smartest model, OpenAI o1, as well as o1-mini, GPT-4o, and Advanced Voice.
“As AI becomes more sophisticated, it will solve increasingly complex and critical problems. Significantly more computing power is also required to utilize these capabilities.”
ChatGPT Pro also includes o1 pro mode, a version of o1 that uses more computing power to think harder and provide even better answers to the toughest problems. OpenAI also expects to add more powerful, compute-intensive productivity features to this plan in the future. Additionally, the company announced it is awarding ten ChatGPT Pro grants to medical researchers from leading institutions in the US to help drive meaningful progress in areas that benefit humanity.
Artificial intelligence is also shaping healthcare. According to a recent Accenture study, AI-driven healthcare has the potential to save up to $150 billion annually in the US by 2026. This is done by reducing administrative costs, automating patient education and improving adherence to care plans. AI-powered assistants in particular can provide essential support 24/7. In the latest news, researchers from Germany and the US have developed a deep learning framework for automated volumetric analysis of body composition using whole-body MRI. The study, published in eBioMedicine, validated this approach and demonstrated its potential to predict all-cause mortality in a large Western population.
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 extraction engineer putting together a complex integration and configuration.
Number of hedge fund holders: 10
Upland Software, Inc. (NASDAQ:UPLD) is a leader in AI-enabled cloud software for digital transformation. On December 4ethe company announced that Upland Altify, a sales optimization software, is now powered by Altify MaxAI, Upland’s AI-powered tool that manages account planning and deal management, giving sellers actionable insights to drive results. The move is aimed at improving sales productivity with the innovative account planning and deal management software. Sales professionals can maximize their efficiency and performance with these AI-powered solutions.
“At Upland Altify, we strive to simplify complex sales for B2B organizations by streamlining best practices in account planning and deal management. Altify MaxAI-powered solutions help automate time-consuming tasks, providing sellers with valuable insights that drive success, allowing them to focus more on building relationships with prospects and customers while driving revenue growth.”
In short, UPLD ranks 13th on our list of the AI stocks that recently broke the internet. While we recognize UPLD’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 UPLD 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 30 Most Important AI Stocks According to BlackRock.
Disclosure: None. This article was originally published on Insider Monkey.
