UK's AI Action Plan Unveiling

In this newsletter:

• Perplexity AI Plans Major Expansion

• UK's AI Action Plan Unveiling

• Top AI Stocks for 2025

• Nvidia's Continued Dominance

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AI News Headlines:

• Perplexity AI Plans Major Expansion: Perplexity AI, an AI-driven search company, is set to expand in India after securing $500 million in funding, boosting its valuation to $9 billion. The company aims to enhance its operations and compete with tech giants like Google. Founded by Aravind Srinivas, Perplexity focuses on innovative AI search products that improve user experience by understanding query context.

• UK's AI Action Plan Unveiling: UK Science Secretary Peter Kyle is preparing to launch a comprehensive AI action plan aimed at fostering technological innovation and addressing potential job market disruptions caused by AI. The plan will encourage inclusivity and aims to position the UK at the forefront of AI innovation while ensuring necessary safety standards remain intact.

• Top AI Stocks for 2025: Dan Ives, a prominent Wall Street analyst, has highlighted three AI software stocks to watch in 2025: Palantir Technologies, Salesforce, and Snowflake. Palantir's new software offering has positioned it well in the private sector, while Salesforce is focusing on agentic AI through its Agentforce initiative. Snowflake is showing signs of recovery despite previous challenges.

• Nvidia's Continued Dominance: Nvidia remains a top-performing stock within the S&P 500, attributed to its leadership in graphics chips essential for AI functionalities. The global AI market is projected to exceed $630 billion in 2025, indicating significant growth opportunities for investors in both individual stocks and AI-focused ETFs.

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Zulkar Naim

Founder & CEO of OpenPedia

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