Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
PROJECT MOONRAKER: Amazon (AMZN) is advancing its Alexa AI capabilities through “Project Moonraker,” which aims to enable more complex multistep tasks, though development costs and reliability challenges remain key hurdles as the company expands Alexa+, Business Insider’s Eugene Kim reports, citing internal planning documents reviewed by the publication.
ROBOTAXI PLATFORM: Xpeng (XPEV) has officially started employee testing of its Robotaxi platform. “Robotaxi represents an important step in XPENG’s expansion from smart electric vehicles to robotic vehicles,” said He Xiaopeng, Chairman and CEO of Xpeng. “Over the next decade, Physical AI will increasingly evolve into robots. For Xpeng, Robotaxi is not simply a new business, but one of the most important milestones in unlocking the real potential of Physical AI.”
