AI: 2024 will mark significant enterprise adoption, pricing
12/29/2023 23:32
Chipmaker Nvidia (NVDA) isn't the only AI play investors should be favoring. Macquarie Head of U.S. AI & Software Research Fred Havemeyer joins Yahoo Finance Live the assortment of tech and software developers AI investors should consider in 2024, including Microsoft (MSFT), ServiceNow (NOW), and CrowdStrike (CRWD) among others. "I believe that in 2024, we're going to begin to see the first really significant and material signs of enterprise adoption of generative AI, that going into also calendar year 2025... we'll be seeing significant adoption trends occurring," Havemeyer says. "With now products like Microsoft 365 Copilot rolling out, enterprises will actually have the opportunity to adopt and purchase these products." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Chipmaker Nvidia (NVDA) isn't the only AI play investors should be favoring. Macquarie Head of U.S. AI & Software Research Fred Havemeyer joins Yahoo Finance Live the assortment of tech and software developers AI investors should consider in 2024, including Microsoft (MSFT), ServiceNow (NOW), and CrowdStrike (CRWD) among others.
"I believe that in 2024, we're going to begin to see the first really significant and material signs of enterprise adoption of generative AI, that going into also calendar year 2025... we'll be seeing significant adoption trends occurring," Havemeyer says. "With now products like Microsoft 365 Copilot rolling out, enterprises will actually have the opportunity to adopt and purchase these products."
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.