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Artificial intelligence

95 of 521 companies dropped a paragraph in Risk Factors that uses one of these words: AI, artificial intelligence, machine learning, generative, large language model. The paragraph was in the earlier 10-K and nothing like it is in the latest. It counts text; it does not say how serious a risk is. Words in capitals only (such as AI) must be in capitals.

By sector

Sector is the SEC's industry description of the company. Each count opens that sector's quotes below.

SectorCompaniesCompared
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments22
Rubber & Plastics Footwear22
Transportation Services22
Air Courier Services11
Communications Equipment, NEC11
Electrical Industrial Apparatus11
Heavy Construction Other Than Bldg Const - Contractors11
Insurance Carriers, NEC11
Leather & Leather Products11
Miscellaneous Food Preparations & Kindred Products11
Newspapers: Publishing or Publishing & Printing11
Paper Mills11
Retail-Eating & Drinking Places11
Retail-Radio, Tv & Consumer Electronics Stores11
Telephone & Telegraph Apparatus11
Wholesale-Medical, Dental & Hospital Equipment & Supplies11
Wholesale-Motor Vehicle Supplies & New Parts11
Surgical & Medical Instruments & Apparatus510
Retail-Eating Places24
Fats & Oils12
Industrial Organic Chemicals12
Printed Circuit Boards12
Retail-Catalog & Mail-Order Houses12
Services-Medical Laboratories12
Services-To Dwellings & Other Buildings12
Ship & Boat Building & Repairing12
Semiconductors & Related Devices715
Orthopedic, Prosthetic & Surgical Appliances & Supplies25
Services-Computer Programming, Data Processing, Etc.25
Investment Advice38
National Commercial Banks411
Insurance Agents, Brokers & Service26
Air Transportation, Scheduled13
Computer & office Equipment13
Computer Communications Equipment13
Life Insurance13
Retail-Auto Dealers & Gasoline Stations13
Services-Computer Integrated Systems Design13
Services-Consumer Credit Reporting, Collection Agencies13
Finance Services828
Electric Services415
Services-Business Services, NEC416
Electronic & Other Electrical Equipment (No Computer Equip)14
Search, Detection, Navigation, Guidance, Aeronautical Sys14
Security & Commodity Brokers, Dealers, Exchanges & Services14
Services-Computer Processing & Data Preparation14
Services-Prepackaged Software419
Beverages15
Biological Products, (No Diagnostic Substances)15
Computer Storage Devices15
Industrial Instruments For Measurement, Display, and Control15
Laboratory Analytical Instruments15
Crude Petroleum & Natural Gas17
Security Brokers, Dealers & Flotation Companies17
Pharmaceutical Preparations111
Electric & Other Services Combined112
Fire, Marine & Casualty Insurance112

199 paragraphs · Pharmaceutical Preparations show all sectors

VRTX VERTEX PHARMACEUTICALS INC / MA · Pharmaceutical Preparations

The use of social media platforms and artificial intelligence tools presents risks and challenges.

Read in the 10-K filed Feb 13, 2025 ↗

Social media is being used by third parties to communicate about our products and product candidates and the diseases our therapies are designed to treat. We believe that members of the communities supporting serious diseases may be more active on social media as compared to other patient populations due to the demographics of those patient populations. Social media practices in the pharmaceutical and biotechnology industries are evolving, which creates uncertainty and risk of noncompliance with regulations applicable to our business. For example, patients may use social media platforms to comment on the effectiveness of, or adverse experiences with, a product or a product candidate, which could result in reporting obligations. In addition, our employees may engage on social media in ways that may not comply with legal or regulatory requirements, which may give rise to liability, lead to the loss of trade secrets and other intellectual property, or result in public disclosure of protected personal information. There is a risk of inappropriate disclosure of sensitive information or negative or inaccurate posts or comments about us on any social networking website. Negative sentiment about us or our business shared over social media, or misinformation disseminated from fraudulent accounts impersonating our employees or our business, or otherwise, could harm our business and reputation, whether or not it is based in fact. Certain data protection regulations, such as the GDPR, apply to personal data contained on social media. If any of these events were to occur or we otherwise fail to comply with applicable regulations, we could incur liability, face regulatory actions or incur harm to our business, including damage to our reputation. Similar risks relating to inappropriate disclosure of sensitive information or inaccurate information appearing in the public domain may also apply from our employees engaging with and use of new artificial intelligence tools, such as ChatGPT.

Read in the 10-K filed Feb 13, 2025 ↗