Rajiv Jain, chairman and chief investment officer of GQG Partners, has significantly changed his position on artificial intelligence investments. Previously skeptical, describing it as a “dot-com bubble on steroids,” he now expresses renewed confidence in AI-related technologies. This reversal follows GQG’s earlier avoidance of the AI sector, despite client outflows and weaker performance metrics. Jain’s shift, reported by Bloomberg, aligns with broader market optimism toward AI and could influence investment strategies as well as sector valuations, particularly for companies like Anthropic.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
