Considering the significant level of performance and euphoria that Artificial Intelligence (AI)-based firm NVIDIA has recorded, Goldman Sachs is now searching for the next wave of AI companies that can produce such results.
Goldman Sachs Is Targeting High-Performing AI Bets
Investors are currently looking beyond the United States to other emerging markets for better value and a bigger market for AI.
Goldman Sachs, particularly its asset management division, was specific about its quest for stakes in the manufacturers of AI supply-chain components, such as cooling systems and power supplies.
Other institutions like JPMorgan already have ties with traditional electronics manufacturers that are gradually transitioning into AI leaders.
On the other hand, investment managers at Morgan Stanley are placing bets on players where AI is revolutionizing business models in not technology-inclined sectors. According to Jitania Kandhari, the deputy chief investment officer at Morgan Stanley In
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