In the high-flying world of AI investing, sometimes you get the bull, and sometimes you get the horns. After a long ride on the bull, Gen Z hedge-funder Leopold Aschenbrenner found out last week how quickly things can shift, even for a whiz kid once called the “Nostradamus of AI.” It’s a story that was
How much juice do investors have left to take advantage of AI development? That’s a question facing Joe Davis, global chief economist at Vanguard. Even accounting for some recent stumbles, hyperscalers and AI hardware makers have seen stellar gains in recent years. Davis believes aggressive spending will continue for another year or two, but worries