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Geek Wire
4 days ago
- Entertainment
- Geek Wire
Paleontologists dig into the facts and fiction in the latest ‘Jurassic World' dinosaur movie
Ready … set … action! Scarlett Johansson gets ready to film a scene for 'Jurassic World Rebirth.' (Jasin Boland / Universal Pictures – © Universal Studios) Nathan Myhrvold, a Seattle tech titan who also studies titanosaurs and other denizens of the dinosaur era, realizes that 'Jurassic World Rebirth' is science fiction, not a documentary — nevertheless, he has a few bones to pick with the filmmakers. 'There are some lines that it would be silly to cross, but they did anyway,' says Myhrvold, who was Microsoft's first chief technology officer back in the 1990s and is currently the CEO of Bellevue, Wash.-based Intellectual Ventures. Paleontology is one of Myhrvold's many interests, and he's a co-author of more than a dozen peer-reviewed papers on the subject. He was inspired to get into dinosaur research almost 30 years ago, when he visited a 'Jurassic Park' movie set at the invitation of director Steven Spielberg. That visit led to connections with leading paleontologists. 'At that point in my life, I was interested in dinosaurs, but I'd never been professionally or seriously, in a scientific sense, into dinosaurs,' Myhrvold recalls. 'So, the movie was a little bit instrumental in me, just as a way of meeting a bunch of those people.' On the latest episode of the Fiction Science podcast, Myhrvold and University of Maryland paleontologist Thomas Holtz discuss how much scientists — and filmmakers — have learned about dinosaurs over the past three decades. And they also critique 'Jurassic World Rebirth,' the latest offering in a multibillion-dollar movie franchise that was born back in 1993. Holtz, who specializes in the study of meat-eating dinosaurs like the ones that grab the spotlight in the movie, is a co-author of the educational field guides for the early 'Jurassic Park' movies as well as the 'Jurassic World' sequels that followed. He's also been a scientific consultant for dino-documentaries including the BBC's 'Walking With Dinosaurs' series and the Discovery Channel's 'When Dinosaurs Roamed America.' He argues that the Jurassic movies elevated the general public's long-running fascination with dinosaurs to a whole new level. 'There was a time when no one but paleontologists had ever heard the word 'Velociraptor,' and that time was 1993,' Holtz says. 'Prior to that, the general public would have never heard of this particular sort of dinosaur, which is now by far one of the most common.' 'Jurassic Park' reflected the state of the art for dinosaur science when it came out, and the special effects have only gotten better with each sequel. But Holtz admits that the movies' depictions of dinosaurs haven't always kept pace with what paleontologists have discovered. 'I've talked with special-effects people who've been involved with some of these movies, and they said, yes, they would like to run a little more wild, a little more modern,' Holtz says. 'But there is the pressure to have the look and feel of a Jurassic World / Jurassic Park franchise dinosaur. And you know, that's kind of a shame.' University of Maryland paleontologist Thomas Holtz (left) and Intellectual Ventures CEO Nathan Myhrvold both have connections to the early days of the 'Jurassic Park' movie franchise. (Left photo: Courtesy of Thomas Holtz via Bluesky. Right photo: Intellectual Ventures) There are several ways to go wild with dinosaurs. For example, fossil specimens that were unearthed in China's Liaoning Province in the 1990s confirmed that non-avian dinosaurs had feathers. And when scientists studied fossilized traces of microscopic structures known as melanosomes, they determined that dinosaurs came in different colors. Such traits aren't seen so much in the creatures of 'Jurassic World.' 'They did start to add patches of colors in more of the dinosaurs in the 'Jurassic World' series,' Holtz says. 'The raptors — although they're not feathered as they should be, they at least have more interesting colors on them. In fact, Blue gets its name because of the blue streaks down its body.' Myhrvold wishes the filmmakers had included some of the more bizarre species that paleontologists have turned up in the fossil record. One such species is Microraptor gui — a type of raptor that was discovered in the early 2000s and had four wings with black feathers. The goal of the people making the movie is to be entertaining, not to satisfy all the whims of us paleontologists. Nathan Myhrvold 'There are insects with four wings, like dragonflies, but there aren't any birds,' Myhrvold says. 'Deinocheirus … that's another raptor relative that everyone thought was going to be the most vicious-looking dinosaur on earth because they found the claws and the arms in the 1970s. They finally found the rest of it, and it turns out it has a face like a horse. There are things like that, that would be cool to see more of … but you know, the goal of the people making the movie is to be entertaining, not to satisfy all the whims of us paleontologists.' Some of the dinosaur depictions in the latest movie are debatable. For example, one scene has a school of spinosaurs with colorful sails menacing a ship and its occupants on the open sea. Both Myhrvold and Holtz have played a part in research arguing that spinosaurs couldn't possibly behave that way. 'I believe, and I know Tom believes, that Spinosaurus was a shoreline animal,' Myhrvold says. 'It undoubtedly ate fish, but you can eat fish without swimming 43 kilometers offshore. Grizzly bears eat fish, and they don't swim offshore if they can help it. Now, admittedly, that's controversial.' Another slight misstep has to do with titanosaur tails. One scene in 'Jurassic World Rebirth' shows a flock of titanosaurs flicking long, sinuous tails as they graze. Myhrvold actually conducted research into dino-tails, focusing on whether some dinosaurs could whip their tails at supersonic speeds. To show that they could, he went so far as to have a mechanical tail built that could simulate the whipping action. Unfortunately, titanosaurs didn't have the type of tail that's shown in the movie. 'When I saw the long tail, I first thought, hey, this can't be a titanosaur,' Myhrvold says. 'And then I thought they're going to crack it supersonically, and I would forgive everything else.' Myhrvold argues that it's worth the effort for science-fiction movies to stay as close to the science as possible, with limited exceptions for entertainment value. 'There are movies that really do pride themselves on getting details right — details of spycraft, details of weapons, details of historical facts — and then they spend their suspension-of-disbelief items on a smaller set of things,' he says. 'They're rewarded in having those details be accurate with a lot of people loving that.' The basic premise of the 'Jurassic Park' and 'Jurassic World' movies is broad enough to give the filmmakers plenty of literary license. If you're able to reconstruct dinosaur species from bits of DNA, you should be able to mix and match that genetic code to create new hybrid species. In the 'Rebirth' movie, Scarlett Johansson and a team that includes a greedy business executive and a virtuous paleontologist have to grab blood samples from genetically altered dinosaurs that were too dangerous to be set loose, but too expensive to kill. 'The worst of the worst were left here,' says the executive (played by Rupert Friend). The idea of resurrecting extinct species from their DNA isn't nearly as far-fetched as it sounded back in 1993: Today, commercial ventures including Colossal Biosciences are working on ways to create modern-day versions of dire wolves, woolly mammoths and even woolly mice. But those efforts pale in comparison with the over-the-top creatures created by the filmmakers behind the 'Jurassic World' movies. Two made-up species take the spotlight in 'Rebirth': Mutadon, which is a cross between a velociraptor and a pterosaur; and Distortus rex, a monster with six arms and an oversized, misshapen head. Myhrvold thinks it's unnecessary to make up imaginary monsters. 'The part that is funny to me about this is that there are lots more dinosaurs,' Myhrvold says. 'It turns out, in most cases, the actual fossil record of Earth is more interesting than made-up creatures.' The real-world technology of paleontology isn't quite as advanced as the fictional technology of 'Jurassic World,' but it's come a long way since 1993. Holtz notes that CT scans of dinosaur skulls 'have revealed lots of information about their brain cavities and nerve passages … which were extremely difficult to try to see before.' 'Isotopic studies of the bones and teeth can tell us something about what they were feeding on,' Holtz says. 'Very clever geochemists and biogeochemists have been able to tease out organic goo from fossils in a way that tells us something about certain aspects of their physiology.' Even artificial intelligence comes into play. Holtz says some paleontologists are using AI tools to classify their fossil specimens. 'Machine learning might be able to pick up things that we don't immediately think of,' he says. 'So far, that's been the main use of it I've seen professionally, but it's still early days. We'll see where this technology goes in the future.' How much of a future is there for paleontology — and for the 'Jurassic World' franchise? Will there come a time when dinosaur movies go extinct? During the opening scenes of 'Jurassic World Rebirth,' we learn that the general public has become so bored with dinosaurs that the museums are shutting down their exhibits. 'Sorry, I find that deeply unrealistic,' Myhrvold says. 'That was maybe the most unrealistic thing in the film. You can give me a six-legged dinosaur, OK? Don't tell me no one's gonna like dinosaurs, because dinosaurs have the great additional feature that they're real. And at some level, the fact that they're real keeps bringing them home again.' Dino bites Mini-review: Setting aside their scientific qualms, Holtz and Myhrvold give two thumbs up to 'Jurassic World Rebirth' for its entertainment value. 'This is not a film that's supposed to be deeply philosophical. This is a film that's supposed to show you lots of action, lots of thrilling sequences, and dinosaurs eating people. And as long as you check each of those, hey, you're there,' Myhrvold says. Holtz adds that the movie has another key element for dinosaur movies: children at risk. Myhrvold agrees: 'Not only do dinosaurs have to eat people … they have to almost eat children, right? If they did eat children, I think that would be off-putting.' The next 'Jurassic' movie? Deadline reports that 'Jurassic World Rebirth' has gotten off to a 'stomping good start,' and it seems as if the path is open for yet another sequel. 'I bet you could build a story around the dinosaur field biologist who's not working with fossils or bones in plaster jackets — they're working with live animals, but trying to figure out cool things about them,' Myhrvold says. Delve deeper into dinosaurs: Check out Myhrvold's detailed analysis of what 'Jurassic World Rebirth' got right and wrong about paleontology, which also includes a lineup card for the movie's creatures. Holtz provides his own perspective on facts vs. film fiction in a report from the University of Maryland. And for the full treatment, you can turn to the Jurassic World Dinosaur Field Guide, which Holtz had a hand in writing; or 'The Rise and Fall of the Dinosaurs,' which was written by paleontologist Steve Brusatte, a science consultant for 'Jurassic World Rebirth.' Fiction Science is included in FeedSpot's 100 Best Sci-Fi Podcasts. Stay tuned for future episodes of the Fiction Science podcast via Apple, Spotify, Pocket Casts and Podchaser. If you like Fiction Science, please rate the podcast and subscribe to get alerts for future episodes.
Yahoo
31-03-2025
- Business
- Yahoo
Cognizant Technology Solutions (CTSH): Partners with NVIDIA to Drive AI Transformation
We recently published a list of . In this article, we are going to take a look at where Cognizant Technology Solutions Corporation (NASDAQ:CTSH) stands against other top AI news updates investors probably missed. Artificial intelligence (AI) has been termed humanity's most significant invention in recent years. Others have argued that AI has the potential to enrich consumers' lives through new channels for self-expression and creativity. The best part is that this is not wishful thinking; big things are already happening. In fact, some believe the world is on the cusp of an AI technology that can reason and act at the same level as humans. According to Nathan Myhrvold, former Microsoft CTO and current CEO of Intellectual Ventures, humanity is less than five miracles away from creating AI with human-like cognitive abilities. 'We'll get there eventually… Two years ago, nobody would have predicted how far we've come today,' he said. But before AI can match or even surpass human intelligence, the technology is already showing great promise in various applications. For instance, one of Africa's wealthiest individuals is tapping the tech to build the continent's first AI factory. According to a Bloomberg report, Strive Masiyiwa's company will provide the infrastructure for African businesses, researchers, and startups to 'turn their bold ideas into real-world breakthroughs, and now they don't have to look beyond Africa to get it.' Across the Indian Ocean to Asia, AI is revolutionizing agriculture in China. Recent reports suggest that the government has initiated the development of an AI platform to support intelligent agricultural machines. Regional authorities have released a policy draft that outlines measures to encourage R&D in AI-based agricultural tools. This includes setting up innovation hubs to provide services like R&D, testing, exhibitions, and access to AI resources. The AI platform will assist companies in data verification, AI model implementation, and enhancing human-machine interaction. India, too, is keen on leveraging the AI wave. The country is working on an indigenous AI chip that should be ready in three years. This massive undertaking is under the purview of the Ministry of Electronics and Information Technology (MeitY). The objective is to reduce reliance on foreign semiconductor technology and strengthen India's position in the global AI ecosystem. Many other countries in North America and Europe have similar projects already underway or at the deliberation stage. The most exciting part of these developments is that the private sector is at the center of the revolution. Most, if not all, of these AI-focused projects may be government initiatives but it is the private sector that is doing the heavy lifting. To create this list, we reviewed the latest AI-focused news reports, press releases, and stock analysis. We have also mentioned the hedge fund sentiment around each stock, 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 data analyst using cutting-edge analytics to accurately interpret complex sets of Technology Solutions Corporation (NASDAQ:CTSH) offers consulting, technology, and outsourcing services to clients across various industries. The company is heavily involved in AI-driven solutions and focuses on areas like AI agents, foundational AI infrastructure, and industry-specific large language models. On March 25, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) partnered with NVIDIA to enhance its Neuro AI platform. The partnership paves the way for the integration of advanced AI technologies to accelerate adoption across industries with solutions like enterprise AI agents, industry-specific LLMs, smart manufacturing digital twins, scalable AI infrastructure, and streamlined deployments. This collaboration sets Cognizant Technology Solutions Corp. (NASDAQ:CTSH) as a leader in driving AI transformation across industries. Commenting on this development, Annadurai Elango, president of Core Technologies and Insights at the company, said, 'We continue to see businesses navigating the transition from proofs of concept to larger-scale implementations of enterprise AI. Through our collaboration with NVIDIA, Cognizant will be building and deploying solutions that accelerate this process and scale AI value faster for clients through integration of foundational AI elements, platforms and solutions.' Overall, CTSH ranks 4th on our list of top AI news updates investors probably missed. While we acknowledge the potential of CTSH as an investment, our conviction lies in the belief that 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 CTSH 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 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Arrow Electronics (ARW): Expands AI-Focused Managed Services Portfolio
We recently published a list of . In this article, we are going to take a look at where Arrow Electronics (NYSE:ARW) stands against other top AI news updates investors probably missed. Artificial intelligence (AI) has been termed humanity's most significant invention in recent years. Others have argued that AI has the potential to enrich consumers' lives through new channels for self-expression and creativity. The best part is that this is not wishful thinking; big things are already happening. In fact, some believe the world is on the cusp of an AI technology that can reason and act at the same level as humans. According to Nathan Myhrvold, former Microsoft CTO and current CEO of Intellectual Ventures, humanity is less than five miracles away from creating AI with human-like cognitive abilities. 'We'll get there eventually… Two years ago, nobody would have predicted how far we've come today,' he said. But before AI can match or even surpass human intelligence, the technology is already showing great promise in various applications. For instance, one of Africa's wealthiest individuals is tapping the tech to build the continent's first AI factory. According to a Bloomberg report, Strive Masiyiwa's company will provide the infrastructure for African businesses, researchers, and startups to 'turn their bold ideas into real-world breakthroughs, and now they don't have to look beyond Africa to get it.' Across the Indian Ocean to Asia, AI is revolutionizing agriculture in China. Recent reports suggest that the government has initiated the development of an AI platform to support intelligent agricultural machines. Regional authorities have released a policy draft that outlines measures to encourage R&D in AI-based agricultural tools. This includes setting up innovation hubs to provide services like R&D, testing, exhibitions, and access to AI resources. The AI platform will assist companies in data verification, AI model implementation, and enhancing human-machine interaction. India, too, is keen on leveraging the AI wave. The country is working on an indigenous AI chip that should be ready in three years. This massive undertaking is under the purview of the Ministry of Electronics and Information Technology (MeitY). The objective is to reduce reliance on foreign semiconductor technology and strengthen India's position in the global AI ecosystem. Many other countries in North America and Europe have similar projects already underway or at the deliberation stage. The most exciting part of these developments is that the private sector is at the center of the revolution. Most, if not all, of these AI-focused projects may be government initiatives but it is the private sector that is doing the heavy lifting. To create this list, we reviewed the latest AI-focused news reports, press releases, and stock analysis. We have also mentioned the hedge fund sentiment around each stock, 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 close-up view of a technician soldering a circuit board in an electronics manufacturing Electronics (NYSE:ARW) is a leading provider of technology products, services, and solutions. It specializes in electronic components and enterprise computing solutions. On March 25, the company confirmed the expansion of its private label-managed professional and implementation services portfolio. The AI-focused managed services portfolio features solutions for maintaining large language models and AI deployments. Its expansion marks an important milestone in Arrow Electronics (NYSE:ARW) push for growth opportunities in high-growth technology segments, including artificial intelligence, cloud computing and security. Additionally, it positions it to tap into the growing demand for AI implementation services. 'Our services provide them with the agility to explore new strategic areas while maintaining successful business outcomes. This expansion is a significant step in our commitment to help our channel partners boost recurring revenue streams without the burdens typically associated with maintaining an extensive services portfolio,' said Ben Klay, president of Arrow's North America enterprise computing solutions business. Overall, ARW ranks 3rd on our list of top AI news updates investors probably missed. While we acknowledge the potential of ARW as an investment, our conviction lies in the belief that 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 ARW 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 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Alibaba Group Holding (BABA): Ant Group Combines US and Chinese Chips for AI Efficiency
We recently published a list of . In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other top AI news updates investors probably missed. Artificial intelligence (AI) has been termed humanity's most significant invention in recent years. Others have argued that AI has the potential to enrich consumers' lives through new channels for self-expression and creativity. The best part is that this is not wishful thinking; big things are already happening. In fact, some believe the world is on the cusp of an AI technology that can reason and act at the same level as humans. According to Nathan Myhrvold, former Microsoft CTO and current CEO of Intellectual Ventures, humanity is less than five miracles away from creating AI with human-like cognitive abilities. 'We'll get there eventually… Two years ago, nobody would have predicted how far we've come today,' he said. But before AI can match or even surpass human intelligence, the technology is already showing great promise in various applications. For instance, one of Africa's wealthiest individuals is tapping the tech to build the continent's first AI factory. According to a Bloomberg report, Strive Masiyiwa's company will provide the infrastructure for African businesses, researchers, and startups to 'turn their bold ideas into real-world breakthroughs, and now they don't have to look beyond Africa to get it.' Across the Indian Ocean to Asia, AI is revolutionizing agriculture in China. Recent reports suggest that the government has initiated the development of an AI platform to support intelligent agricultural machines. Regional authorities have released a policy draft that outlines measures to encourage R&D in AI-based agricultural tools. This includes setting up innovation hubs to provide services like R&D, testing, exhibitions, and access to AI resources. The AI platform will assist companies in data verification, AI model implementation, and enhancing human-machine interaction. India, too, is keen on leveraging the AI wave. The country is working on an indigenous AI chip that should be ready in three years. This massive undertaking is under the purview of the Ministry of Electronics and Information Technology (MeitY). The objective is to reduce reliance on foreign semiconductor technology and strengthen India's position in the global AI ecosystem. Many other countries in North America and Europe have similar projects already underway or at the deliberation stage. The most exciting part of these developments is that the private sector is at the center of the revolution. Most, if not all, of these AI-focused projects may be government initiatives but it is the private sector that is doing the heavy lifting. To create this list, we reviewed the latest AI-focused news reports, press releases, and stock analysis. We have also mentioned the hedge fund sentiment around each stock, 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 (). An e-commerce platform displaying a wide range of products to customers Group Holding Limited (NYSE:BABA) is a Chinese internet giant with interests in many sectors, including ecommerce, cloud computing and AI. On March 24, CNBC reported that the internet giant's affiliate, Ant Group, is using US and Chinese-made semiconductors to build more efficient artificial intelligence models. The combination is part of the unit's push to reduce the time and costs of training AI models. While it has used chips from Alibaba and Huawei to train the AI models, it has also used chips from Advanced Micro Devices and other Chinese companies. The reports come on the heels of Ant Group's significant upgrades to its AI solutions for healthcare. Built on DeepSeek's R1 model, Alibaba Qwen, and Ant's own BaiLing, the upgraded healthcare AI model can now provide answers on medical topics while improving patient services. Overall, BABA ranks 1st on our list of top AI news updates investors probably missed. While we acknowledge the potential of BABA as an investment, our conviction lies in the belief that 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 BABA 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 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Cloudflare Inc. (NET): Upgraded to ‘Buy' as AIaaS Demand Surges
We recently published a list of . In this article, we are going to take a look at where Cloudflare, Inc. (NYSE:NET) stands against other top AI news updates investors probably missed. Artificial intelligence (AI) has been termed humanity's most significant invention in recent years. Others have argued that AI has the potential to enrich consumers' lives through new channels for self-expression and creativity. The best part is that this is not wishful thinking; big things are already happening. In fact, some believe the world is on the cusp of an AI technology that can reason and act at the same level as humans. According to Nathan Myhrvold, former Microsoft CTO and current CEO of Intellectual Ventures, humanity is less than five miracles away from creating AI with human-like cognitive abilities. 'We'll get there eventually… Two years ago, nobody would have predicted how far we've come today,' he said. But before AI can match or even surpass human intelligence, the technology is already showing great promise in various applications. For instance, one of Africa's wealthiest individuals is tapping the tech to build the continent's first AI factory. According to a Bloomberg report, Strive Masiyiwa's company will provide the infrastructure for African businesses, researchers, and startups to 'turn their bold ideas into real-world breakthroughs, and now they don't have to look beyond Africa to get it.' Across the Indian Ocean to Asia, AI is revolutionizing agriculture in China. Recent reports suggest that the government has initiated the development of an AI platform to support intelligent agricultural machines. Regional authorities have released a policy draft that outlines measures to encourage R&D in AI-based agricultural tools. This includes setting up innovation hubs to provide services like R&D, testing, exhibitions, and access to AI resources. The AI platform will assist companies in data verification, AI model implementation, and enhancing human-machine interaction. India, too, is keen on leveraging the AI wave. The country is working on an indigenous AI chip that should be ready in three years. This massive undertaking is under the purview of the Ministry of Electronics and Information Technology (MeitY). The objective is to reduce reliance on foreign semiconductor technology and strengthen India's position in the global AI ecosystem. Many other countries in North America and Europe have similar projects already underway or at the deliberation stage. The most exciting part of these developments is that the private sector is at the center of the revolution. Most, if not all, of these AI-focused projects may be government initiatives but it is the private sector that is doing the heavy lifting. To create this list, we reviewed the latest AI-focused news reports, press releases, and stock analysis. We have also mentioned the hedge fund sentiment around each stock, 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 close-up of a server array powering a cloud-services Inc. (NYSE:NET) is a software infrastructure company that provides an integrated cloud-based security solution to secure public cloud, private cloud, on-premises and software-as-a-service applications. Analysts at Bank of America believe the company is well-positioned to benefit from artificial intelligence and network security growth potential. Consequently, they double-upgraded the stock to a buy from underperform on March 25 and hiked the price target to $160 from $60. The upgrade comes on the heels of analysts touting Cloudflare, Inc.'s (NYSE:NET) differentiated approach to AI and its momentum on network security, especially Secure Access Service Edge. Its AI as a service offering is expected to elicit strong demand from enterprises, consequently positioning the company as a market leader in the segment. 'AIaaS is already resonating with customers; our surveys show AI is the leading product Cloudflare customers are looking to adopt in the next twelve months (NTM), with average AI spending forecast to increase +8% to $100k per customer, or 15% of total customer spending,' BofA analysts led by Madeline Brooks said in a note. Overall, NET ranks 2nd on our list of top AI news updates investors probably missed. While we acknowledge the potential of NET as an investment, our conviction lies in the belief that 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 NET 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 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
