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Azim Premji's family office bets on Artificial Intelligence ventures for $10 billion Premji Invest fund, says report - Vimarsana News

Azim Premji's family office bets on Artificial Intelligence ventures for $10 billion Premji Invest fund, says report

Tech tycoon Azim Premji's family office is betting on Artificial Intelligence to prop up its $10 billion worth Premji Invest fund, and will thus increase investments in the sector, Bloomberg reported.

Cathie Wood says software stocks are next AI bet after Nvidia - Vimarsana News

Cathie Wood says software stocks are next AI bet after Nvidia

“We are looking to the software providers who are actually right now where Nvidia was when we first bought it,” Wood, CEO and founder of Ark Investment Management LLC, told Bloomberg TV on Wednesday. While Nvidia is expected to do well over time, Ark is “onto the next thing,” she added.