Uneven AI boom Apart from Nvidia, other technolog
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Posted On: 12/27/2023 5:28:43 AM
Uneven AI boom
Apart from Nvidia, other technology stocks have attracted Wall Street’s attention in the race to profit from artificial intelligence. Software vendors CrowdStrike, HubSpot
and Salesforce
at least doubled in price this year. But the Chinese cloud services sector isn’t seeing rapid growth, according to market analysis firm Canalys, even as investments into its AI sector, which is expected to fuel cloud growth, rise.
Apart from Nvidia, other technology stocks have attracted Wall Street’s attention in the race to profit from artificial intelligence. Software vendors CrowdStrike, HubSpot
and Salesforce
at least doubled in price this year. But the Chinese cloud services sector isn’t seeing rapid growth, according to market analysis firm Canalys, even as investments into its AI sector, which is expected to fuel cloud growth, rise.
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