Reported 5 months ago
Billionaire hedge fund managers and investors are heavily investing in artificial intelligence (AI) stocks, particularly focusing on companies like Microsoft and Alphabet. Microsoft's partnership with OpenAI and integration of AI technology in various products have attracted investors like Stanley Druckenmiller, Steven Cohen, and Ray Dalio, who have significantly increased their stakes in the company. On the other hand, Alphabet, with its AI advancements and dominance in search, has garnered attention from investors like Chris Hohn, Paul Tudor Jones, and Jeremy Grantham, who have been adding to their positions in the company. These tech giants are expected to continue to attract investments from top investors due to their leading roles in the AI sector.
Source: YAHOO