Tag: ai investment

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AI boom to beat electricity and PCs, $200B investment by 2025: Goldman Sachs

Economists from Goldman Sachs predict that AI investment could account for up to 4% of GDP in the United States by 2025. Artificial intelligence could eventually have a bigger financial impact on the American economy than electricity and personal computers, according to economists at investment banking giant Goldman Sachs. In an Aug. 1 investment report,…
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BlackRock lauds AI as ‘mega force’ to drive returns

AI could prove to be a boon for investors looking for gains in today’s “unusual” market. Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market. In its mid-year outlook report, the BlackRock Investment Institute detailed…
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