GS: AI-related investment growth remains strong; adoption by firms still modest

Equity markets are anticipating a roughly 50% revenue growth for these firms from current levels by the end of 2025.

“These upgrades are expected to broaden from semiconductor and cloud firms to the broader datacenter stack by 2025H2,” economists wrote in a note. Meanwhile, AI adoption by US firms remains modest, with only 5% currently using AI in production, Goldman noted. In contrast, the information, administrative, and educational sectors reported declines of at least 1 percentage point. Cloud-related firms anticipate the highest increase in AI adoption over the next six months, the note states.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Retail Industry Surges Ahead in AI Deployment, Outperforming Other Sectors in Revenue and GrowthWhile global investment in AI sees a downturn, the retail sector bucks the trend with robust adoption and significant financial gains.
Source: wwd - 🏆 24. / 68 Read more »

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin MinersAoyon Ashraf is managing editor with more than a decade of experience in covering equity markets
Source: CoinDesk - 🏆 291. / 63 Read more »