We recently published a list of Top 15 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where Salesforce Inc (NYSE:CRM) stands against 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 be drastically changing lives heading into 2025. At least, not more than it already has. Pichai noted how it’s going to take some time before another technological breakthrough shocks the artificial intelligence industry into hyper-speed development again.
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“I think the progress is going to get harder. When I look at [2025], the low-hanging fruit is gone. The hill is steeper … You’re definitely going to need deeper breakthroughs as we get to the next stage”.
Pichai further stated how the current language models, such as ChatGPT, Gemini, and Llama, will witness incremental improvements, particularly “at reasoning, completing a sequence of actions more reliably”. Moreover, the improvements could enable corporations to lean closer to profit-making, something they haven’t been able to achieve yet.
While everyone will have to wait for 2025 to unfold to see if Pichai’s prophecy holds true, OpenAI has officially begun celebrating the holiday season with 12 Days of OpenAI. The 12 days of OpenAI features the company’s plans to launch new products, features, and demos for 12 days straight starting December 5th.
The company kicked off Day 1 by launching the full version of its latest reasoning model, o1. CEO Sam Altman has declared o1 as the “smartest model in the world”. According to OpenAI, these models are “designed to spend more time thinking before they respond” and have been trained on a prompting 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 worried about AI’s risks are anxious again. According to a safety review by Apollo Research, the o1 model has the potential to look for a way to prevent “shut down” if they think they are at risk for the same.
“Training models to incorporate a chain of thought before answering has the potential to unlock substantial benefits, while also increasing potential risks that stem from heightened intelligence”.
-OpenAI said in a paper it released on Thursday outlining the safety training the company carried out on o1.
OpenAI said that o1 has the capability of scheming when it thinks it’s about to be shut down. The model was led to believe that it would be shut down while working on its goals under oversight, with o1 trying to deactivate the oversight mechanism 5% of the time. OpenAI said o1 is capable of “scheming”.
“o1 almost never admits to having taken a scheming action when explicitly asked,” researchers said in a paper that Apollo Research published on Thursday. The risk for a real-life user is that they won’t be able to detect the o1’s deceptive behavior unless they explicitly look for it. The researchers also found that “o1 often doubles down on its scheming attempts by lying to the user in follow-up messages, even when explicitly told to be honest”.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
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A customer service team in an office setting using the company’s Customer 360 platform to communicate with customers.
Salesforce, Inc. (NYSE:CRM)
Number of Hedge Fund Holders: 116
Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained traction after the launch of Agentforce, its AI-powered platform. On December 4, Salesforce announced the latest updates for Heroku, a platform as a service (PaaS) offering that enables teams to build, deploy, and scale modern applications entirely in the cloud. The new version enhances developer tools with support for .NET, integration of tools for AI development; improvements in platform performance and operational ease with services such as Amazon Elastic Kubernetes Service (EKS), Elastic Container Registry (ECR), AWS Global Accelerator, and AWS Graviton. The updates also align with open source standards with Kubernetes, Open Container Initiative (OCI), and OpenTelemetry. These updates to the PaaS offering will enable businesses to respond to customer needs, deliver new digital services, and improve internal processes while making modern cloud technologies simpler.
“Heroku pioneered the PaaS category and defined what a great user experience should look like. Empowering developers and operators to focus on delivering differentiated value to their business, instead of focusing on the infrastructure plumbing. With the next generation Heroku platform, we continue this leadership, bringing forward the most robust practices to cloud native and AI applications; and managing them so our customers don’t have to. With Heroku, you build it, you deploy it, and we take care of the rest”.
-Gail Frederick, CTO and SVP, Heroku.
Overall, CRM ranks 3rd on our list of AI stock news and ratings dominating Wall Street. While we acknowledge the potential of CRM 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 CRM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.