08/27/2024 | Press release | Distributed by Public on 08/27/2024 06:34
Visible Alpha AI Monitor highlights new themes and revised growth projections as the dynamic, AI-exposed investment landscape maintains strong momentum through 2024
NEW YORK, Aug. 27, 2024/PRNewswire/ -- S&P Global Market Intelligence today unveiled a comprehensive look into the current state and projected growth of the core publicly-traded companies within the technology and AI industry in the newest version of the Visible Alpha AI Monitor.
The AI Monitor includes consensus estimates across 66 publicly-traded U.S. technology companies. This data was aggregated by leveraging detailed sell-side analyst estimates and analysis of AI-exposed revenues, those revenue line items S&P Global Market Intelligence analysts have identified as likely to see growth from AI, to provide a snapshot of current and projected AI-related revenues for each company. Recent updates to the Monitor unveil key trends and themes as the closely-watched second quarter earnings period wraps up, including:
"With the rapid advancements in AI, it's crucial for decision makers to have a deep understanding of which companies are leading the charge and how these developments are impacting financial performance," said Melissa Otto, Head of TMT Research at Visible Alpha. "With new players emerging, new technology being deployed and broader shifts in the macroeconomic landscape, we believe the AI Monitor serves as an important tool to give investment professionals a holistic picture of the publicly-traded AI space in the U.S."
By analyzing AI-exposed revenues, the tool helps analysts, investment managers and corporate strategists pinpoint potential growth areas within artificial intelligence-critical for assessing AI's potential to transform into measurable growth. As AI's consumer and enterprise use-cases expand, the Visible Alpha AI Monitor will continue to track these developments helping professionals to uncover new growth opportunities or emerging leaders.
To request a copy of the Visible Alpha AI Monitor, please contact [email protected]
S&P Global Market Intelligence's opinions, statements, estimates, projections, quotes and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security, and there is no obligation on S&P Global Market Intelligence to update the foregoing or any other element of the Property.
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Bernardo Sorianofor Visible Alpha
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SOURCE S&P Global Market Intelligence