2 Artificial Intelligence (AI) Growth Stocks Up 63% and 183% This Year That Wall Street Billionaires Are Buying Hand Over Fist
Recent breakthroughs in artificial intelligence (AI) have investors fired up from Wall Street to Main Street. Namely, the intelligent chatbot ChatGPT from OpenAI provided concrete proof that AI could drive a step function increase in productivity, and its record-breaking rate of adoption points to tremendous demand for automation.
The AI boom is still in its nascent stages, but Nvidia CEO Jensen Huang says machine learning will be competitive with humans in five years, and many experts believe AI will be one of the most transformative technologies in human history. That hints at significant wealth creation.
In that context, AI is a once-in-a-generation opportunity for investors, and keeping tabs on successful money managers is one way to get inspiration. Here are two AI stocks hedge fund billionaires were buying in the third quarter.
Source Fool.com
