Billionaires Ray Dalio, Stanley Druckenmiller, and Paul Tudor Jones Bet Big on Artificial Intelligence (AI). Here's What They're Buying.
2022 offered up a pronounced market decline with each of the major market indexes plunging into bear market territory, delivering their worst performances in more than a decade. So far, 2023 is a stark contrast to its predecessor, as those same market indexes rebounded more than 20% from their recent bottoms. Helping fuel these about-faces is investor interest in recent advances regarding artificial intelligence (AI). Multiple reports of advances have the world excited about the possibilities resulting from generative AI.
Some of the world's most astute and accomplished investors (as evidenced, in part, by their status as billionaires) are also showing increased interest, and have been buying up AI stocks hand over fist. Here's a look at where these billionaires are investing.
Image source: Getty Images.
Source Fool.com
