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Bloomberg

Plurimi CIO Sees Value in AI Supply Chain

Plurimi Wealth Chief Investment Officer Patrick Armstrong says he sees value in the artificial intelligence supply chain, stocks such as Micron, Samsung and Nvidia. "We're underweight the Magnificent Seven the hyperscalers those are the companies that are spending a trillion dollars over the next 12 months on AI datacenters," Armstrong tells Bloomberg Television. "And we own the companies they're giving the money to."

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Bloomberg

Macron Calls for Regulation of Cutting-Edge AI Models

French President Emmanuel Macron led talks with Group of Seven leaders and tech executives on Wednesday to explore how to deploy the most advanced artificial intelligence models through so-called trusted partners. Speaking at a news conference in Evian, Macron warned of the dangers of cutting-edge AI models falling into the hands of "authoritarian regimes."

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