Here are the 9 smartest ways to invest in artificial intelligence right now, according to Bank of America, Morgan Stanley, and UBS
) were highlighted by Morgan Stanley as the"clear winners" of the AI revolution. The software giant was an early investor in OpenAI, which is a pioneer in the space thanks to revolutionary tools including ChatGPT and the image generator DALL-E. Microsoft is now using that relationship to integrate AI features into software products such as Microsoft Office.
Consumer-focused firms may enjoy significant savings on labor costs with AI and automation, though Wilson thinks it may be too early to buy companies solely for that reason, he said. Similarly, AI adoption in enterprises is in its infancy and may not translate to revenue until next year."Given the rich valuations, we are waiting for a pullback to turn positive on the segment again," Marcelli wrote.and excludes hardware makers such as semiconductor firms.
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