Core Insights - The 2025 Internal Audit Priorities Survey by Jefferson Wells highlights that cybersecurity remains the top emerging risk for the fifth consecutive year, emphasizing the need for strong cyber defenses in a vulnerable technology landscape [2][4] - Generative AI has emerged as the second most pressing concern, influencing audit strategies and the necessary skillsets to manage these risks [2][4] - Economic uncertainty has become a significant factor for audit leaders, with 26% of respondents citing it as a concern, a notable increase from nearly zero in the previous year [2] Group 1: Key Trends - Cybersecurity is identified as the foremost risk, indicating a critical focus for internal audit functions [2][3] - The rise of generative AI is reshaping audit strategies and toolsets, necessitating new skills for audit teams [2][4] - Economic uncertainty is now a prominent concern, reflecting changing market conditions and their impact on audit priorities [2] Group 2: Challenges Faced - Internal audit departments are facing skill shortages in key areas such as cybersecurity, AI, IT audit, and data analytics [3] - Over 85% of audit leaders are relying on external partners to fill critical skill gaps within their teams [3][4] - The need for internal audit functions to adapt to rapid advancements in technology and economic conditions is underscored [4]

[Music] The world runs on documents. I'm Jerry Lou, co-founder and CEO of Llama Index. Over the past 2 years, I've watched generative AI applications mature.From early RAG demos with a single question box to orchestrated multi-step contextaware agents. At Llama Index, we've been at the center of that journey. From jumpstarting rag with five lines of code to a multi-agent framework powering millions of production workflows with over 4 million downloads a month to the millions of AI builders who've been with ...

YouTube is bringing a custom version of Google's text-to-video generative AI model, Veo 3, to Shorts, along with a new remixing tool, an 'Edit with AI' feature, and more. https://t.co/wYX0EZ9Ur5 ...

YouTube rolled out a slew of generative artificial intelligence products aimed at a broad audience, an effort from the video platform to show its massive investments in AI are bearing fruit https://t.co/i7DwL4CkBv ...

Core Insights - Verisk has launched the Commercial GenAI Underwriting Assistant, a cloud-based solution aimed at modernizing commercial property underwriting through advanced data analytics and generative AI [1][2] - The solution is designed to enhance operational efficiency, improve profitability outcomes, and adapt to the evolving commercial property market [1][3] Company Overview - Verisk is a leading strategic data analytics and technology partner to the global insurance industry, focusing on modernizing processes and reducing operating costs for insurers [6][9] - The company emphasizes ethical AI principles in the development of its solutions, ensuring fairness, accountability, inclusivity, transparency, and privacy [4] Industry Challenges - Insurers are currently facing rising costs, tighter margins, and a shrinking workforce, which threaten institutional knowledge [3] - According to Verisk's 2025 State of the Industry Survey, 43% of respondents cited profitability as their top priority, while 36% identified digital transformation as their biggest challenge [8] Technological Integration - The Commercial GenAI Underwriting Assistant is part of Verisk's Augmented Underwriting Suite, integrating multiple products into a seamless process [5] - The solution is API-enabled, allowing for flexibility, scalability, and security within existing policy administration and underwriting systems [7] Future Outlook - A significant 69% of industry respondents believe that AI and generative AI will have the most substantial impact on the insurance industry over the next five years [8]

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. 2025 has become the year of agentic AI, marking the latest advance in AI technology after the still-evolving generative applications that preceded it. This particular development not only is taking hold, but it’s reaching scale at a rapid pace. More than half (52%) of 3,466 senior corporate leaders at companies that use generative AI, surveyed by Google Cloud and National Rese ...

Core Investment Opportunities - Navitas and CoreWeave represent two distinct investment approaches in the rapidly growing AI market [1][2] - Navitas has partnered with Nvidia to supply power-efficient chips for next-gen data centers, while CoreWeave offers cloud-based access to Nvidia's GPUs [1][2] Navitas Overview - Navitas' stock price increased from a record low of $1.52 in April to approximately $6 following its partnership with Nvidia [2] - The company primarily generates revenue from gallium nitride (GaN) and silicon carbide (SiC) power chips, which are used in various applications including EV chargers and data center power supplies [4][5] - Revenue more than doubled in 2023 but is expected to decline by 42% in 2025 due to macroeconomic challenges and inventory adjustments [6][7] - Analysts project a modest revenue increase of 9% in 2026, followed by a significant jump of 79% to $95 million in 2027, but profitability is not expected until after 2026 [6][7] CoreWeave Overview - CoreWeave transitioned from Ethereum mining to AI processing, investing $100 million in Nvidia's H100 GPUs to expand its operations [8] - The company operates over 250,000 GPUs across 33 data centers, significantly increasing from just three data centers at the end of 2022 [9] - Revenue surged from $16 million in 2022 to $1.92 billion in 2024, with a projected CAGR of 106% from 2024 to 2027, reaching $17.27 billion [10] - CoreWeave's market cap stands at $60.7 billion, trading at 11 times this year's sales, indicating a more reasonable valuation compared to Navitas [10] Comparative Analysis - CoreWeave is identified as a stronger investment option due to its direct exposure to the AI market, robust growth potential, and lower valuations compared to Navitas [11] - While Navitas may see sales growth in 2027, potential production issues and delays could hinder its performance [11]

Core Insights - Alphabet has reached a market valuation of US$3 trillion, becoming the fourth company to achieve this milestone, joining Nvidia, Microsoft, and Apple [1] Group 1: Infrastructure Advantage - Alphabet operates 33 submarine cables spanning over two million miles, which supports its vast data needs and enhances its internet infrastructure [2] - The company is one of the largest manufacturers of data centers, allowing it to maintain low costs and offer free software, a significant advantage over competitors [3] - This infrastructure is crucial for all of Alphabet's operations, emphasizing its importance in the company's business model [4] Group 2: User Base and Product Reach - Alphabet has seven products, including Android and YouTube, each with over two billion users, showcasing its unmatched product breadth [5] - Additionally, eight other products have over 500 million users, indicating Alphabet's digital ubiquity in the market [6] Group 3: AI Developments - Alphabet has made a significant comeback in the AI sector with its Gemini platform, which has surpassed ChatGPT in iOS app downloads [7] - AI Overviews now reach over two billion monthly users, contributing to a 10% increase in global queries [8] - Gemini's latest models have attracted nine million developers, indicating strong growth potential [8] Group 4: Revenue Growth - The combined revenue run rate for Google Cloud and YouTube is US$110 billion, with Google Cloud generating US$49 billion in the past year [10] - YouTube has become the leading streaming platform in the U.S., capturing 12.8% of total TV viewing as of June 2025 [10] - The subscription business has surpassed 270 million paid subscriptions, driven by YouTube and Google One [11] Group 5: Long-term Strategy - The AI landscape is still evolving, and Alphabet's infrastructure and long-term strategy position it well for future developments [12] - The company emphasizes that success in tech is not about being first but about enduring over time, highlighting the importance of patience for investors [14]

Core Insights - The article discusses the evolution of the most valuable companies, highlighting a shift from industrial and energy sectors to technology leaders, particularly those involved in artificial intelligence (AI) [1][2]. Company Performance - Meta Platforms has a current market cap of approximately $1.9 trillion, with a significant stock price increase of 537% since early 2023, driven by advancements in generative AI [4]. - In Q2, Meta's revenue rose by 22% year over year to $47.5 billion, with diluted earnings per share (EPS) increasing by 38% to $7.14 [7]. - The user base across Meta's platforms, including Facebook, Instagram, Threads, and WhatsApp, grew to 3.48 billion, a 6% increase year over year, contributing to its advertising success [8]. Market Cap Projections - To reach a $3 trillion market cap, Meta's stock price would need to increase by approximately 55%, with Wall Street estimating revenue of $196 billion in 2025, resulting in a forward price-to-sales (P/S) ratio of about 10 [9]. - Meta would need to generate around $305 billion in annual revenue to support a $3 trillion valuation, with forecasts suggesting nearly 15% annual growth over the next five years [10]. Valuation Comparison - Meta's current valuation at 27 times earnings is comparable to the S&P 500, but its stock has increased by 729% over the past decade, significantly outpacing the S&P 500's 238% gain [11].

Quantum Source’s photonic chip assembled in a small vacuum cell containing rubidium atoms.Quantum SourceQuantum Source today announced Origin, packaging its breakthrough technology in a basic building block of photonic quantum computer, promising to deliver fault-tolerant systems that operate at room temperature, fit within standard server racks, and scale to millions of qubits or fundamental units of quantum information. According to co-founder and CEO Oded Melamed, Quantum Source will ship Origin to selec ...