Understanding the four waves of AI investment growth

Artificial intelligence (AI) is creating opportunities across a range of markets. But the real story is not the technology itself, but it’s the multi-year transformation happening in waves, each with its own leaders and beneficiaries. Active managers can anticipate and respond to the opportunities presented within these waves, as leadership moves along the AI value chain. The four waves of AI investment growth include: 1. Infrastructure and physical buildout • Semiconductors and components • Data centre power and equipment 2. Tools, data and cloud platforms for scaling • Data...