The surge in AI investments has led to soaring share prices for tech stocks, creating a dilemma for latecomers. Investors are seeking ways to gain exposure to AI without incurring excessive risk. Companies that can leverage AI for operational efficiency present a viable option for conservative investors.
TD Bank and BCE are highlighted as two companies trading under $100 that stand to benefit from AI adoption. Both firms are positioned to enhance their operations through AI, improving customer service and operational efficiency. With attractive dividend yields and discounted stock prices, these companies are worth considering for a buy-and-hold strategy.
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Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.