Knightscope, Inc. (KSCP) Expands Public Safety Reach with 12 New Contracts and Enhanced KAP Program

Insider Monkey12-22 16:32

We recently compiled a list of the 10 AI News Dominating Wall Street Today. In this article, we are going to take a look at where Knightscope, Inc. (NASDAQ:KSCP) stands against the other AI stocks ...

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(KSCP) Expands Public Safety Reach with 12 New Contracts and Enhanced KAP Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-22 16:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/knightscope-inc-kscp-expands-public-083207524.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 10 AI News Dominating Wall Street Today. In this article, we are going to take a look at where Knightscope, Inc. (NASDAQ:KSCP) stands against the other AI stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/knightscope-inc-kscp-expands-public-083207524.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":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://finance.yahoo.com/news/knightscope-inc-kscp-expands-public-083207524.html","article_id":"2493119742","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/pZQzdoSkBDYyqrCMz.Jidw--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/1ed5c29f0ade94b073c5af423bd5d713"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493119742","pubTimestamp":1734856327,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 10 AI News Dominating Wall Street Today.In this article, we are going to take a look at where Knightscope, Inc.  stands against the other AI stocks that are dominating Wall Street.READ NOW: 10 AI News Investors Shouldn’t Miss and 12 AI Stock News and Ratings Dominating Wall Street. 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(NASDAQ:KSCP) stands against the other AI stocks that are dominating Wall Street.\nThe Generative AI market, a crucial branch of artificial intelligence, is revolutionizing entire industries today. According to ResearchAndMarkets.com, the Gen-AI market was valued at USD 20.21 billion in 2023 and is expected to reach USD 440 billion by 2032. This signifies an impressive CAGR of 41.31% over the forecast period from 2024 to 2032.\nREAD NOW: 10 AI News Investors Shouldn’t Miss and 12 AI Stock News and Ratings Dominating Wall Street\nAccording to the report, the North American region leads the Generative AI market with a 34% share in 2023. Its robust technology ecosystem, skilled workforce, and increasing demand for AI-powered content are responsible for the leading market share. The European region has also been experiencing growth, driven by government funding, startup innovation, and region-specific applications.\nBack in 2022, the generative AI market was dominated by established players only. These established players accounted for 88% of the market share, whereas start-ups grasped only 12%. This is now changing, with more players entering the market with each passing year.\nHighlighting advancements in artificial intelligence, Sam Altman, CEO of AI Company OpenAI states how the next innovations in AI are going to be more disruptive than people can imagine. Speaking at the New York Times’ DealBook Summit in New York City, he stated that the industry may begin to see examples of artificial general intelligence (AGI), which refers to the hypothetical intelligence of a machine similar to that of a human, as soon as 2025.\n\n“I think it’s possible… in 2025 we will have systems that we look at… and people will say, ‘Wow, that changes what I expected”\n-Sam Altman\n\nAltman noted that at first, the introduction of AGI, and the level of intelligence beyond it, is going to have minimal effect. However, it will later “be more intense than people think”.  In its latest advancements in AI, OpenAI has now begun testing new reasoning AI models, o3 and o3 mini.\nThis demonstrates a sign of growing competition with rivals such as Google to create smarter models proficient at solving complex problems. According to Altman, OpenAI plans to launch the o3 mini by the end of January, and the full o3 after that. The enhanced models aim to outperform existing ones, driving new investments and user growth.\nThe new o3 and o3 mini models are currently undergoing internal safety testing, and are anticipated to be more powerful than the o1 models. OpenAI has ignited a competitive AI arms race, pushing tech companies worldwide to accelerate the development of cutting-edge AI technologies.\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 adjusting a human-machine interface in a laboratory surrounded by indoor multi-terrain robots. \nKnightscope, Inc. (NASDAQ:KSCP)\nKnightscope, Inc. (NASDAQ:KSCP) is an innovator in robotics and artificial intelligence (“AI”) technologies in public safety. On December 19, the company announced 12 new contracts across 7 US States for its K1B Emergency Communication Devices (“ECDs”) and related services. These emergency communication devices offer voice connectivity, broadcast alerts, area illumination capabilities, and priority cellular bandwidth access through Verizon Frontline service. The devices will help reduce the reliance on cell phones, allowing users to get priority access to cellular bandwidth, and ensuring the call reaches the right help promptly. Knightscope also added three new resellers to the Knightscope Authorized Partner (“KAP”) program, where the KAPs will offer an expanded range of innovative tools for helping clients improve safety at public facilities, reduce costs, and improve the overall safety of their facilities.\nOverall KSCP ranks 10th on our list of the AI stocks dominating Wall Street today. While we acknowledge the potential of KSCP 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 KSCP 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.   Disclosure: None. This article is originally published at \nInsider 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":"corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"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/2493119742"}