We recently compiled a list of the 9 Must-See AI News Updates That Are Trending on Wall Street . In this article, we are going to take a look at where Accenture plc (NYSE:ACN) stands against the other AI stocks. CNBC recently spoke to companies worldwide on how DeepSeek’s new AI models will likely impact their operations and financials. Roadzen, a technology company using artificial intelligence to disrupt the auto insurance sector, was asked how things are now different with DeepSeek releasing its R1 model. According to its chief executive Rohan Malhotra, his company helps its insurance underwriting clients speed up claim processing, cutting the time to resolve 80% of minor accident claims from six weeks to two minutes. Since the nature of processing such claims is sensitive, the company has been using sophisticated AI models that produce accurate results, such as those from OpenAI, Meta, and Anthropic. However, things may be different now that DeepSeek is in the picture. “Our clients cannot afford a model which has 60%-70% accuracy, that’s like a major economic issue. We need to deploy models that have 95%-99% accuracy.” Rough calculations reveal that the company may be able to incur costs 50% lower […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
