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Ark Invest, a technology asset management firm, believes the investment opportunities in artificial intelligence lie in niche areas
Published in Latest AI News
Time :Aug 22, 2023
Read :1minute
Translated data:
Technology asset management firm Ark Invest believes that investment opportunities in artificial intelligence lie in niche areas. The company has identified a selection of promising niche firms as part of its investment strategy, emphasizing that well-known technology companies are not the primary beneficiaries of the AI revolution. They believe that niche opportunities traded at lower valuations could potentially deliver significant earnings surprises. Ark Invest specifically mentioned Replit, a coding platform and embedded AI coding assistant based in San Francisco, suggesting that the company has the potential to lead innovation in the collaborative tools sector.