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Warren Buffett, the legendary investor who has helmed Berkshire Hathaway since 1965, is renowned for his incredible long-term returns. While he's known for avoiding market fads, over a third (34.4%) of his $265 billion portfolio is invested in four companies actively embracing Artificial Intelligence (AI). What's the story? The unexpected intersection of Buffett's investment philosophy and AI.

Douyin's Safety Center recently announced a crackdown on stock investment content on its platform, aiming to foster a healthy online environment. While encouraging financial and securities professionals to share reliable information, Douyin is targeting accounts using AI tools to spread misinformation and even engage in fraudulent activities without proper qualifications. These accounts often promote supposedly high-efficiency AI stock picking tools to attract users.

In today's rapidly developing world of artificial intelligence, SoundHound AI once again showcases its market potential. This tech company, focused on conversational AI, has recently announced a series of positive developments, including showcasing cutting-edge technology at an investor conference and successfully partnering with the chain restaurant Torchys Tacos. Technological breakthroughs and business expansion go hand in hand. At the UBS Global Technology and AI Conference on December 4, SoundHound's CFO Nitesh Sharan provided investors with a detailed overview of the company.

The main content of the article is summarized as follows: As a focus of investor attention, artificial intelligence (AI) technology is expected to be a game changer. Despite a historically conservative attitude towards tech stocks, Berkshire Hathaway, led by Buffett, has allocated 29% of its public equity investments to Apple Inc. Apple's 'Apple Intelligence' initiative aims to leverage AI to enhance the practicality of hardware devices, including an upgraded Siri, enhanced writing tools, and image generation capabilities.

Recent research shows that exchange-traded funds (ETFs) that heavily rely on artificial intelligence (AI) systems for investment decisions have performed poorly, with most failing to outperform the S&P 500 Index. Among the 43 funds partially relying on AI, only 10 outperformed the index. In the case of 11 funds that completely rely on AI without human intervention, all underperformed the S&P 500 since October 2017, with six funds even recording losses despite an overall bullish market, averaging an annual loss of 1.8%. The research indicates that AI...

OpenAI previously imposed strict limitations on secondary stock sales, with the company having the power to determine participant eligibility, raising widespread concerns among shareholders. Many shareholders holding stakes worth millions of dollars worry about their inability to cash out. Given that OpenAI currently has no plans for an IPO and the company's high valuation deters potential acquirers, secondary stock sales have become the only way for shareholders to realize some of their paper wealth.

David Tepper's Carolina Panthers did not make the NFL playoffs this year. However, there are other enjoyable developments for him. AI is set to be the biggest booster for these stocks, potentially driving David Tepper's net worth beyond $20.6 billion in the coming years. Nearly 58% of Tepper's Appaloosa Management Fund is concentrated in seven artificial intelligence (AI) stocks. Tepper's investment in these seven stocks is not solely due to the recent surge in generative AI. Despite Wall Street...

Following a surge in tech stocks driven by artificial intelligence that pushed the S&P 500 to an all-time high last week, UBS's Global Wealth Management team stated that investor enthusiasm for AI will remain a key theme in the U.S. stock market for 2024 and will drive tech stocks.