Morgan stanley notes investor shift: AI market focus moves from growth to profitability

Jitania Kandhari, who serves as the deputy CIO of the solutions and multi-asset group at Morgan Stanley, has commented on the current downturn within stocks related to artificial intelligence. Kandhari observed that the market sentiment is undergoing a significant change, indicating a shift in investor priorities regarding AI investments. She stated that the market is now demanding a balance, moving away from prioritizing AI development at any cost toward requiring demonstrable profitability from AI ventures.