Navigating the AI Frontier: Clues From Private Markets
CBZCBIZ(CBZ) Zacks Investment Research·2024-03-07 02:31

The AI Revolution vs. The Internet Boom Many similarities exist between the internet boom of the late 1990s and the AI revolution that is taking place today, including blistering growth, soaring stock prices, and lots of hype. However, significant differences exist as well. For example, Wall Street and the biggest AI winners thus far are already proven companies with massive cash hoards and well-established businesses like Microsoft ((MSFT) and Alphabet ((GOOGL) ). At the same time, the AI buildout has buoy ...