A billion-dollar private equity fund is adding to its AI holdings despite the downturn.

Billionaire hedge funds are adding to their AI positions against the trend, with their allocation index rising to 83.10%. Recently, the overseas AI sector has adjusted, with market concerns about the capital expenditures, computing power demand, and profitability of tech giants. However, many billion-dollar hedge funds believe that the long-term development trend of AI remains unchanged, and the short-term market is dominated by structural opportunities. Despite market concerns, many billion-dollar hedge funds still increased their AI holdings. As of late October, the allocation index of billion-dollar hedge funds rose to 83.10%, rising for two consecutive weeks. They believe that although the overseas AI sector has adjusted, concerns about the capital expenditures, computing power demand, and future profitability of tech giants continue to intensify, the long-term development trend of AI has not changed, and the short-term market will still be dominated by structural opportunities.

AI-written from the reports · Updated 3 days ago