Generative AI will reshape the landscape for investors

Generative artificial intelligence (AI) holds promise and peril for investors. Mega‑cap tech companies are likely to dominate the “foundation models” on which AI rests, but a range of other companies will reshape it—and be reshaped by it in turn. Chipmakers and other “tool” providers may be the primary beneficiaries of a burgeoning AI “arms race”. Read the whitepaper for all the details