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Apollo: AI gains limited to biggest tech firms
Original: Apollo Global Management's analysis finds that, aside from the largest technology companies, corporate America has not y
An analysis by Apollo Global Management finds that, apart from the largest technology companies, corporate America has not yet seen financial gains from artificial intelligence. The finding suggests AI investment has so far concentrated returns among a handful of Big Tech firms, with most businesses still waiting for measurable returns on their AI spending.
Why now: The analysis challenges widespread expectations that AI is already boosting corporate profits across the economy.
Apollo Global ManagementSiliconANGLE
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