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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
The blue line is Helium's historical forecast. The black line is the actual closing price. Full transparency of past predictions. Hover over points for more information. Video Tutorial.
Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A blue cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
This is the percent of the time our models predicted the correct direction of the price (either up or down) over the last 150 days.
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
Helium Summary:
Google and OpenAI, leading tech companies in artificial intelligence, plan to be more selective in publicly sharing AI research while competing for AI market dominance [Fox Business].
Google aims to maintain its AI leadership position by integrating AI technology into its search products and launching tools, such as generative ai chatbot Bard, amidst competition from rivals like Microsoft's OpenAI-backed ChatGPT [Vox].
May 24, 2023
Perspectives
Google Perspective
Google is focused on regaining its AI leadership and integrating AI into its search products as competition intensifies [Vox]
Competitor Perspective
As smaller startups and major competitors like Microsoft-backed OpenAI make advancements, the race for AI dominance intensifies, prompting Google to limit publicly available AI research [Fox Business].
Why are Google and OpenAI being more selective in sharing their AI research?
As competition in the AI market intensifies, especially with rivals like Microsoft-backed OpenAI, both companies aim to protect their AI-related advancements and intellectual property [Vox].
Sources like Wired, Vox, and Fox Business present diverse perspectives but primarily focus on Google's efforts to remain an AI leader.
Articles may emphasize Google's challenges or strategies while minimizing competitor power.
Context
Google and OpenAI are reacting to the intensifying competition in the AI market, where successful applications and innovations can lead to significant market advantages.
Takeaway
Google and OpenAI's strategy to restrict the sharing of AI research indicates the escalating competition for AI market dominance and the value of AI intellectual property.
Potential Outcomes
1) Google retains AI leadership (55%): By integrating AI into products and launching new tools, Google could hold its dominant market position.
2) OpenAI or other competitors eclipse Google (45%): Continued advancements from competitors may lead to Google losing market share in the AI space.
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
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