Get the latest tech news
A new benchmark for AI investment: Swift Ventures unveils system to separate talk from action
Swift Ventures launches an index of public companies truly investing in AI, showing 37% annual growth and outperforming the Nasdaq and S&P.
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 index has identified several under-the-radar companies making significant AI investments, including Doximity, which develops AI-powered medical writing applications, and Leidos, which focuses on defense-oriented autonomous systems. The firm’s approach represents a significant shift from existing AI investment vehicles, focusing on programmatic scoring rather than individual stock picking.
Or read this on Venture Beat