Private equity giant: AI payoff strictly limited to Big Tech | HappeningNow.news

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Private equity giant: AI payoff strictly limited to Big Tech

The Magnificent Seven are galloping off with the profits, while the rest of the S&P 500 see no benefit, claims Apollo AI has yet to deliver any financial payoff to US businesses outside of the tech sector, according to investment biz…

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The Magnificent Seven are galloping off with the profits, while the rest of the S&P 500 see no benefit, claims Apollo AI has yet to deliver any financial payoff to US businesses outside of the tech sector, according to investment biz Apollo Global Management.

Read original at The Register

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