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Financial execs are bullish on AI

Happy FRY-nancial FRY-day! We’ve got a basket of sizzling AI finance news and tools just for you. 🍟

*Nothing we offer constitutes investment advice. Our aim is to report the latest happenings and teach you how to use the newest AI finance tools.*

(The mystery link can lead to ANYTHING AI-related: tools, memes, articles, videos, and more…)

Today’s Menu

Appetizer: Salty Stories of the Week 🧂

Entrée: This Week’s Diamond in the Rough 💎

Dessert: FRY-nancial Tool of the Week 🔧

🔨 AI FINANCE TOOLS OF THE DAY

🧾 Slicker: AI-powered payment management. → Check it out

👀 LedgerUp: Get personalized insights into your financials with real time analytics. → Check it out

📈 SimFin: See the stock market through new eyes.→ Check it out

SALTY STORIES OF THE WEEK 🧂

Image: TipRanks

Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:

  • Sahara AI, a decentralized platform that integrates AI and blockchain technology, has successfully raised $43 million in funding to develop a blockchain-based collaborative economy. Sahara’s testnet and mainnet are expected to go live in the coming months. (Read More)

  • A recent Inovalon survey of over 400 revenue cycle and financial executives revealed that 84% are optimistic about AI-enabled revenue cycle management in hospitals. (Read More)

  • TipRanks, a platform that leverages natural language processing and data science to create comprehensive datasets and insights from online market information, was acquired by Prytek, a developer of business products for finance, for $200 million. The platform boasts 50 million monthly active users, including both individuals and enterprise clients like Nasdaq and Robinhood. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

Image: Nano-X Imaging

I tried to throw a surprise party for my friend, the radiologist. Unfortunately, he saw right through me. 🩻

This week’s diamond in the rough: Nano-X Imaging (NNOX).

How is AI helping Nano-X? Nano-X Imaging, known as Nano-X, is a pioneering company in the medical imaging field with its innovative Nanox.ARC device. Unlike traditional X-ray machines, the Nanox.ARC is smaller, simpler, and more cost-effective, making it a potentially game-changing tool in the field of radiology. Beyond its hardware, Nanox is also leveraging AI with its FDA-cleared Nanox.AI solutions, which assist in identifying patients at risk for conditions like coronary artery disease, musculoskeletal disorders, and fatty liver by analyzing CT scans.

Why are things looking up for Nano-X? Nano-X has struggled to achieve widespread adoption among healthcare providers. But despite slower-than-expected deployment, Nano-X made significant strides in 2023 by rolling out systems in five U.S. states. Furthermore, Nvidia has invested in Nano-X, lending credibility to its mission. As AI continues to transform medical imaging, Nano-X might come out of the woodwork and lead the way.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

Company:

Thursday Closing Price (±% from last week):

Amazon (AMZN)

$177.59 (+7.1%)

Apple (AAPL)

$224.72 (+5.3%)

Alphabet (GOOGL)

$161.30 (-0.5%)

Meta (META)

$537.33 (+5.4%)

Microsoft (MSFT)

$421.03 (+4.6%)

Nvidia (NVDA)

$122.86 (+17.0%)

Tesla (TSLA)

$214.14 (+7.7%)

FRY-NANCIAL TOOL OF THE WEEK 🔧

FYI: We don’t receive any compensation for sharing this tool. We just find it mouth-watering! 🤪

What’s the tool? Pitchgrade helps users generate tailored presentations and get feedback on investment and sales pitches.

How does it work? Pitchgrade allows users to generate presentations like sales or marketing pitches for customized audiences like angel investors or corporate bosses as well as gather feedback on existing presentations.

To generate a new presentation:

  1. Write a prompt: What kind of presentation do you want to generate?

  2. Select a mode: Select from hundreds of options what type of presentation or slide you want to create.

  3. Get your presentation!

To get your presentation reviewed:

  1. Submit your presentation.

  2. Select your audience: Who are you pitching to?

  3. Review your feedback and follow-up questions from the AI reviewer.

  4. Make your desired changes.

  5. Crush your presentation!

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, Terri! 🎉

Terri gave our Sunday Deep-Fried Dive a Sizzlin’ review and wrote, “This article was well written. I usually skim over most articles but with this one I read every word. Thank you.”

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