Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

AI Revolution: 2 Artificial Intelligence Stocks Billionaires Are Buying Hand Over Fist


Artificial intelligence (AI) has been slowly gaining ground for decades, but recent advancements helped the technology reach trending status. Generative AI, which underpins next-generation chatbots, including ChatGPT, is now part of the public zeitgeist and investors see an opportunity for profits.

The next stage of AI expansion could be both far-reaching and lucrative. Analysts at Goldman Sachs peg the opportunity at $7 trillion by 2030, while Morgan Stanley analysts estimate it at roughly $6 trillion. While no one knows for sure how big AI will be, it's clear the opportunity is significant.

Even some of Wall Street's most notable hedge funds and billionaires are scooping up shares of AI-related stocks, intent on not missing out on the current AI boom. Let's look at two stocks billionaires are buying hand over fist.

Continue reading


Source Fool.com

Like: 0
Share

Comments