VentureBeat December 9, 2024
Swift Ventures has unveiled a new artificial intelligence company index today, creating the first systematic scoring system to identify public companies making genuine investments in AI technology rather than just talking about it in earnings calls.
The venture capital firm developed the index by fine-tuning large language models to analyze thousands of earnings transcripts, hiring data, and research contributions. The analysis revealed that while companies mentioned AI over 16,000 times in last quarter’s earnings calls, only a small fraction are making substantial investments in the technology.
“Everyone sees that the world’s changing — AI is changing the world, but most people, they just don’t have a way to partake in the upside,” said Brett Wilson, cofounder of Swift Ventures, in...
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