In late November 2022, OpenAI launched ChatGPT – an AI driven chatbot that can answer complex questions and handle almost any topic. A couple of months later, Microsoft (who is the primary investor) added a similar function to its Office suite. As more and more companies delve into the artificial intelligence world, we take a look at AI funds using our EPFR Stock Barometer tool: is AI going to be the next bubble for investors?
Tags:
Riding the waves in liquidity funds
In the face of this uncertainty, and the unwillingness of major Western central banks to suspend the battle against inflation, investors continued to cut risk, increase their exposure to China’s rebound story and steer cash into liquidity funds.