Published on 13 Oct 2024 on Insider Monkey · via Yahoo Finance

DigitalBridge Group, Inc. (DBRG) Expands AI Data Center Focus as Verizon Signs...

We recently compiled a list of the 35 AI News You Should Not Miss. In this article, we are going to take a look at where DigitalBridge Group, Inc. (NYSE:DBRG) stands against the other AI stocks you should not miss.

The AI industry is constantly evolving and investors are keeping a close eye on investments, advancements in AI capabilities, and new partnerships to keep pace with the continued rise of generative AI and integration into key industries. One of the most exciting developments in the field of AI over the past week has been the 2024 Nobel Prize in Physics, which was awarded to scientists John Hopfield and Geoffrey Hinton for their pioneering work in the field of machine learning. Hopfield, a researcher at Princeton University, gained recognition for developing an associative memory system, a neural network model capable of storing and reconstructing images or other data patterns. His work revolutionized how data patterns can be represented and recalled, marking significant progress in the field of artificial intelligence. Meanwhile, Hinton, a professor at the University of Toronto, pioneered a method for autonomously discovering data properties, enabling machines to perform tasks such as identifying specific elements within images. His contributions have been pivotal in advancing AI capacity for image recognition and pattern identification.