These 4 companies — including one backed by Warren Buffet — can leverage AI with their exclusive data, says fund manager

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Moody's Corp News

S&P Global Inc,MSCI Inc,Intuit Inc

Tema ETFs' Yuri Khodjamirian says the next leg of AI growth is going to come from companies with 'high quality, trusted, well put together' data.

Companies with exclusive access to unique data will be well-positioned to capitalize on the next leg of AI advancements, according to Tema ETF's Chief Investment Officer Yuri Khodjamirian. AI models, such as OpenAI's ChatGPT or Anthropic's Claude, are built by running complex algorithms on large amounts of data. The high quality of data is a key component that enables these 'large language models' to produce responses almost similar to those of humans.

MCO 5Y line S & P Global and MSCI Similarly, Khodjamirian sees potential in S & P Global and MSCI due to their vast troves of financial and index data. His thesis rests on the idea that as AI use becomes more widespread, the value of software — the AI models — may diminish. However, in this new paradigm, he expects high-quality proprietary data to retain its scarcity and rise in value. There is some evidence of this transition already.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines