Sustainable energy for AI continues to "bloom"

FRY-nancial FRY-day is here! We’ve cooked up the latest in AI and finance so you can stay ahead of the curve. 😁

*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.*

🤯 MYSTERY AI LINK 🤯

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

🔨 AI FINANCE TOOLS OF THE DAY

👩‍💻 BountyHub: Put bounties on your GitHub issues, or get paid to solve them. → Check it out

💡 Ventures AI: Get instant feedback on your business ideas. → Check it out

📈 Value Sense: Use analytics to find undervalued companies for investments. → Check it out

SALTY STORIES OF THE WEEK 🧂

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

• Google has committed $5.8 million to enhance AI skills across Africa, equipping individuals with the knowledge to use AI responsibly and effectively. This initiative focuses on teaching essential AI skills to workers, educating teens on AI ethics, supporting nonprofits, and empowering public sectors. Exciting manifestations of this effort include Kenya’s Jacaranda Health, which uses AI to deliver healthcare guidance to mothers via SMS, and AirQo, which uses AI to monitor pollution in African cities. (Read More)

• Coinbase recently introduced “Based Agent,” a tool that allows users to quickly create their own AI-powered crypto agent equipped with a wallet. With this tool, users can set up an agent capable of performing blockchain tasks like trading, swapping, and staking in less than three minutes. Mode Network founder James Ross believes this approach is the future of money management, stating, “Over 80% of all blockchain transactions will be done by AI agents in the next 6-12 months.” (Read More)

• Since joining the S&P 500 in March, Super Micro Computer Inc. has faced a dramatic downturn, losing nearly two-thirds of its value. This slide was worsened by the recent resignation of Ernst & Young, its auditor since March 2023. (Read More)

• Brightwave, an AI-powered financial research platform for investment professionals, announced it has raised $15 million in Series A funding, led by Decibel Partners and Omers Ventures. This brings its total funding to $21 million. Brightwave’s AI system helps financial experts make better decisions by processing vast amounts of data, from SEC filings and earnings reports to market research and news. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

Unlike any time in history, sustainable energy demand is “blooming.” 🌼

This week’s diamond in the rough: Bloom Energy Corp. (BE).

How is AI helping Bloom? Bloom Energy is a frontrunner in fuel cell technology, producing solid oxide fuel cells (SOFCs) that convert natural gas or hydrogen into electricity without combustion, emitting only water vapor and heat. Through AI-driven technology, Bloom optimizes system performance, predicts maintenance needs, and increases overall efficiency, positioning its products as sustainable energy solutions for tech companies. In July 2024, Bloom partnered with AI cloud architecture firm CoreWeave to power a data center in Illinois. Bloom has recently made another partnership with Silicon Valley Power to supply fuel cell-based power to AWS data centers.

Want some numbers? Bloom reported Q2 revenue of $335.77 million, a year-over-year increase of 11.5%. This increase has been driven by high demand from data centers and regulatory support for clean energy solutions. The company’s Q3 revenue will be revealed next week.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

FRY-NANCIAL TOOL OF THE WEEK 🔧

AI would definitely do well at The Price Is Right … but I would crush it in the final Showcase Showdown. 😆

What is the tool? PricingMaker helps users find the optimal price for their products or services.

How does it work?

1. Select the type of product you are selling.

2. Provide a short description of the product, including the cost to make it and any service fees associated with selling.

3. Enter details about your customers.

4. Identify the competition level.

5. Enjoy an AI-tailored price recommendation for your product!

*Disclaimer: We don’t receive any perks for sharing this tool. We just want to show you how cutting-edge AI tools can be used to enhance your financial life.*

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, Gunther! 🎉

Gunther gave us a Fresh and Crispy review and wrote, “I genuinely enjoy this newsletter. It has helped me keep up with everything AI!“

(Leave a comment for us in any newsletter, and you could be featured next week!)

YESTERDAY’S POLL RESULTS 📊

Featured comments:

“There is just something non-replaceable about the human touch, emotions, and passion in a role. To replace us in storytelling would cease to be authentic human stories. Use all the AI you want in the creation of a story, just leave it out of human roles.” (Yes. That would be bad! 👎)

“I say that as long as the quality is on par, it could finally get the smaller studios a real chance to thrive …” (No. If they are good, I don’t care! 🎬)

HAS AI REACHED SINGULARITY? CHECK OUT THE FRY METER BELOW: