We recently compiled a list of 15 AI news stories you shouldn’t ignore. In this article, we’ll take a look at how Okta, Inc. (NASDAQ:OKTA) stands compared to other AI stocks you shouldn’t ignore.
Large-scale language models are powering AI chatbots and are the hottest item on Wall Street these days. Several hyperscalers have launched their own LLMs and chatbots in the past few months. The latest information related to these chatbots is closely followed by analysts. Anthropic, the AI startup that developed the Claude AI model, recently proposed a new standard for connecting AI assistants to the data that powers them. The startup claims that its open-source system, called Model Context Protocol, helps AI models generate better and more relevant responses to queries.
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In a blog post, the AI startup highlighted that the industry is investing heavily in model capabilities and achieving rapid advances in inference and quality as AI assistants gain mainstream adoption. However, even the most sophisticated models are limited by being trapped behind information silos and legacy systems, isolated from data, the post added. Anthropic claims that MCP ostensibly solves this problem through a protocol that allows developers to create two-way connections between data sources and AI-powered applications.
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Mobile application developer programming on tablet. It shows the power of the company’s adaptive multi-factor authentication.
Number of hedge fund holders: 47 people
Okta, Inc. (NASDAQ:OKTA) owns and operates an identity management platform. One of the company’s flagship products is Identity Threat Protection, powered by Okta AI. According to the company, Okta AI combines machine learning and GenAI algorithms. A new report published by cybersecurity news platform Security Brief suggests that the company has partnered with the OpenID Foundation to develop the first unified identity security standard for enterprise applications. This initiative aims to address the pressing challenge of identity-based security breaches. AI-based hacking attacks are becoming increasingly common, and businesses are seeking enhanced security measures to protect against such threats.
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