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10 Tech News Updates Investors Should Not Miss

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On March 6th, CoreWeave, an Nvidia-backed cloud-computing startup, denied claims in a Financial Times report that Microsoft had pulled the plug in some of the agreements it had signed with the cloud provider due to service delivery challenges and missed deadlines.

“We pride ourselves in our client partnerships and there have been no contract cancellations or walking away from commitments. Any claim to the contrary is false and misleading,” a CoreWeave spokesperson told Reuters in an emailed statement.

The news follows after Stack Capital Group made an investment of $10 million in the AI-infrastructure company, according to a company release on March 5th.

“Given its growing data center presence across the United States, Europe, and Canada, CoreWeave is extremely well-positioned to continue capitalizing on accelerating global demand for AI infrastructure and compute capabilities,” said Jeff Parks, CEO of Stack Capital.

According to a Reuters report on March 7th, the Azure parent has begun testing out models from xAI, Meta and DeepSeek to develop AI models to compete with OpenAI.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds, as of Q4 2024.

At Insider Monkey we are obsessed with 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 (see more details here).

A close-up of a complex network of integrated circuits used in logic semiconductors.

10 Tech News Updates Investors Should Not Miss

10. Arbe Robotics Ltd. (NASDAQ:ARBE)

Number of Hedge Fund Holders: 7

Arbe Robotics Ltd. (NASDAQ:ARBE) is a semiconductor company that provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers. On March 5th, the company reported a significant drop in its revenue and a larger than expected net loss during the fourth quarter of 2024. Net loss widened to $49.3 million from $43.5 million in 2023.

A rather poor performance during 2024 can be attributed to broader economic shifts that have impacted the automotive industry. However, the company is aiming to secure fourth design-ins with automakers in 2025 and plans to invest between $5 million to $15 million.

9. Agora Inc. (NASDAQ:API)

Number of Hedge Fund Holders: 11

Agora Inc. (NASDAQ:API) provides developers with APIs to embed real-time voice, video, interactive streaming, chat, and AI capabilities into their applications. On March 5th, the company launched a conversational AI Engine which enables developers to create interactive voice experiences compatible with any AI model. With a seamless real-time engagement, the engine provides ultra-low latency responses and greater voice processing to produce immersive voice AI experiences.

“Most AI models don’t yet offer the ability to interact via voice, and those that do haven’t optimized the experience,” said Tony Zhao, CEO of Agora.

The company is also looking to extend Conversational AI Engine’s features into its App Builder product. The new offering has a wide range of uses such as customer support, IoT integration, virtual shopping assistance, mental health support and live tutoring.

8. Symbotic Inc. (NASDAQ:SYM)

Number of Hedge Fund Holders: 16

Symbotic Inc. (NASDAQ:SYM) builds and operates automated warehouse systems for clients. On March 6th, the company announced the activation of a warehouse modernization initiative at an Associated Food Stores-owned distribution center in Utah. Through Symbotic’s end-to-end automation system with robotic case picking capabilities, the distribution center will bank on accurate and aisle-friendly pallet deliveries to stores.

“We are excited to provide AFS with the innovation, flexibility and reliability provided by Symbotic’s advanced A.I. and warehouse automation technology. We look forward to working with AFS for its next phase and continuing to support its retailers with a superior service experience,” Symbotic CEO, Rock Cohen said.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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