Fastly, Inc. (FSLY) Launches AI Accelerator to Boost LLM Application Performance by 9x

Insider Monkey12-18 16:09

We recently compiled a list of the Top 12 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where Fastly, Inc. (NYSE:FSLY) stands against the other AI ...

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(FSLY) Launches AI Accelerator to Boost LLM Application Performance by 9x\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 16:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/fastly-inc-fsly-launches-ai-080950044.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the Top 12 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where Fastly, Inc. (NYSE:FSLY) stands against the other AI ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fastly-inc-fsly-launches-ai-080950044.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0426412945.USD","symbol_name":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/fastly-inc-fsly-launches-ai-080950044.html","article_id":"2492906994","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/1xCuABALze8BBifqhxBXLQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/f245d7d96b67a77415fe48bfb316a537"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492906994","pubTimestamp":1734509390,"columns":[{"name":"Product Release","id":31,"label_key":"productRelease"}],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the Top 12 AI Stock News and Ratings Dominating Wall Street.In this article, we are going to take a look at where Fastly, Inc.  stands against the other AI stocks.There is a growing concern in Silicon Valley that the progress around artificial intelligence is slowly “losing steam”. 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(NYSE:FSLY) stands against the other AI stocks.\nThere is a growing concern in Silicon Valley that the progress around artificial intelligence is slowly “losing steam”. CNBC’s Deirdre Bosa explores whether AI progress is slowing, and what it means for the industry. Early signs of struggle are bubbling up in major tech names. As highlighted by Bosa, the first sign of things slowing down has been a lack of progression between models. OpenAI has led the pack in AI advancements, with each of the new models of ChatGPT exponentially better than the last.\nREAD NOW: 10 AI Stocks Taking Wall Street by Storm and Top 10 AI Stocks on Latest News and Analyst Ratings\nUnfortunately, the same can’t be said about today. OpenAI's highly anticipated model Orion was expected to be a ground-breaking system bringing us closer to AGI. However, the initial vision is being scaled back.\n\n“While Orion’s performance ended up exceeding that of prior models, the increase in quality was far smaller compared with the jump between GPT-3 and GPT-4, the last two flagship models the company released, according to some OpenAI employees who have used or tested Orion”.\n-The Information\n\nThe same roadblocks have been happening to other AI models, such as that by Anthropic. Just like OpenAI, Anthropic is also witnessing a timetable slip for the release of its long-awaited Claude model called 3.5 Opus.\n\n\"The AGI bubble is bursting a little bit. It's become clear that 'different training approaches' may be needed to make AI models work really well on a variety of tasks.\"\n-Margaret Mitchell, chief ethics scientist at AI startup Hugging Face, to Bloomberg.\n\nEven some of the big tech giants aren't enthusiastic about the progress AI has been making. Speaking during the New York Times annual DealBook summit at Jazz at Lincoln Center, Sundar Pichai stated how generative AI won’t be changing lives in 2025— at least, not more than it already has.\n\n“I think the progress is going to get harder. When I look at [2025], the low-hanging fruit is gone. The hill is steeper ... You’re definitely going to need deeper breakthroughs as we get to the next stage”.\n- Sundar Pichai\n\nHowever, if progress is plateauing, it has to do with scaling laws. Anthropic CEO Dario Amodei states that the scaling laws are a misnomer. He emphasizes that while these patterns have historically guided AI development—suggesting that increasing data and computational power leads to improved AI capabilities—they are not guaranteed to continue indefinitely.\nAs such, AI companies have been turning to synthetic AI, i.e. data generated artificially. The Information reports that Orion was produced based on synthetic data. However, the problem has been that low-quality data, in turn, leads to low-quality performance. As such, with leading tech companies poised to unveil new models over the next eighteen months, their pace of progress—or lack thereof—has the potential to dramatically redefine the dynamics of the competition.\nFor this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A technician pointing at a projection of the company's geolocation software. \nFastly, Inc. (NYSE:FSLY)\nNumber of Hedge Fund Holders: 14\nFastly, Inc. (NYSE:FSLY) is an edge cloud platform provider that offers cloud computing, image optimization, security, edge computer technology, and streaming solutions. On December 16, the company announced the general availability of Fastly AI Accelerator, a semantic caching solution that allows developers to optimize their LLM generative AI applications. Delivering an average of 9x faster response times, the AI accelerator was initially released in beta with support for OpenAI's ChatGPT and is now available with Microsoft Azure AI Foundry as well. Developers would often need only a single line of code to update their application to a new API endpoint. This reduces the need to repeatedly call the AI provider as Fastly’s Edge Cloud Platform caches and responds to repeated queries. As a result, developers enjoy more efficient AI performance, lower costs, and an overall better experience.\n\n\"AI is helping developers create so many new experiences, but too often at the expense of performance for end-users. Too often, today’s AI platforms make users wait. With Fastly AI Accelerator we’re already averaging 9x faster response times and we’re just getting started.1 We want everyone to join us in the quest to make AI faster and more efficient”.\n-Kip Compton, Chief Product Officer at Fastly.\n\nOverall FSLY ranks 8th on our list of the AI stocks that are dominating Wall Street. While we acknowledge the potential of FSLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than FSLY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.   \nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492906994"}