The 9 Must-See AI News Updates That Are Trending on Wall Street have just been compiled from our database.  , In this article, we are going to take a look at where Cisco Systems, Inc. ( NASDAQ: CSCO ) stands against the other AI stocks.
CNBC recently spoke to businesses around the world about how the new AI designs from DeepSeek’s will probably affect their financial and operational operations. With the release of DeepSeek’s R1 design, Radzen, a technology company that uses artificial intelligence to destroy the car insurance industry, was asked how things are now.
According to its CEO, Rohan Malhotra, his firm helps its healthcare insurance clients speed up state control, slicing the time to fix 80 % of slight accident claims from six weeks to two minutes. Since the nature of processing such claims is delicate, the company has been using complex 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 photo.
” 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 estimates indicate that the company may be able to spend 50 % less on DeepSeek than it would on OpenAI’s models.
” What we really care about is the cost of conclusion. We are concerned about the reliability of the outcomes. And we’re concerned about whether this concept meets the standards we’ve set, in a good way.
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Other businesses have praised the decision to keep the technology available source, saying it is more beautiful than current open-source models like Meta Platforms ‘ Llama, in addition to the cost savings. CareYaya, an eldercare program in North Carolina, is another company that is excited about the release of DeepSeek. CEO Neal K. Shah revealed to CNBC that their business has begun utilizing AI to assist clients in battling protestations of health insurance claims.
” DeepSeek just lowered our costs by 90 % so we can help more people”, he said in a message. The average cost to charm a rejection of a U.S. health insurance claim is$ 43.84. We had previously used OpenAI and Anthropic to reduce the cost by 12 percent; then we’re using DeepSeek on the back end, which means the price per charm is only 2 percent.
The conclusions presented above suggest a possible democratization of artificial knowledge. However, its designs are also raising issues regarding information protection, security, and potential for abuse. That said, while the effects DeepSeek’s versions have made is obvious, it is a wait-and-watch time to see whether it reshapes the Artificial globe for the better or for worse.
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Cisco Systems, Inc. ( NASDAQ: CSCO ) is an American technology company that provides information technology and networking services. On February 5th, Booz Allen Hamilton, a military-defense-focused AI company, announced that Cisco Systems, Inc. ( NASDAQ: CSCO ) has completed the acquisition of Snap Attack. Booz Allen made the announcement now, but the consolidation itself was completed on January 31, 2025. Booz Allen DarkLabs, an elite group of cyber operators and defenders, founded Snap Attack as a means of assisting clients be vigilant in the face of threats and close cybersecurity gaps. In 2021, the business acquired Booz Allen as a result. SnapAttack will now be providing critical threat detection and engineering ( TD/E ) technology, intellectual property, and expertise to help Cisco’s Splunk improve its threat detection and engineering roadmap. Another company that was acquired by Cisco to improve its AI-powered surveillance and observability options, WordPress is an AI-powered system for managing and analyzing system information. According to Cisco, Snap Attack will also facilitate the seamless transition from other platforms to Splunk Enterprise Security. Its TD/E management lifecycle solution enables security analysts to assess, organize, and optimize their security content, streamline research, writing, and validation and deployment of threat detections across their technology estate.
We decided to discontinue SnapAttack because we think it can help speed up outcomes thanks to dual-use technology. Great products grow in the commercial market, and their benefit extends to our government goals as well. This is a positive outcome for everyone involved, and we look forward to working with the SnapAttack team even more.
CSCO overall ranks fourth on our list of the AI stocks with the best Wall Street trends. While we support CSCO as an investment, we are of the opinion that some AI stocks have greater potential for delivering higher returns and doing so more quickly. Check out our report on the if you’re looking for one that has more promise than CSCO but that trades for less than 5 times its earnings.
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