Reported 12 days ago
Kate Moore, from BlackRock, discusses the current state of AI investment, emphasizing that we're still in the early phases of the spending cycle. While companies benefiting from initial AI investments have shown strong price movements, she believes that a broader spending strategy across multiple industries is unfolding. Moore suggests that investors should consider holding long-term positions in AI, especially as the technology evolves and the number of use cases increases.
Source: YAHOO