Reported about 1 year ago
Investors and asset managers, speaking at the Bloomberg Invest summit, express positivity towards artificial intelligence (AI) technology despite recent concerns about a bubble in AI-related stocks like Nvidia. While Coatue Management's founder remains bullish on AI and sees increased investment chatter as positive, geopolitical instability, such as in China, could impact AI chip production. Hedge fund executives and investors emphasize the potential of AI to enhance productivity and provide investment opportunities, advocating against ignoring the AI revolution in the investing world.
Source: YAHOO