AI Is $800 Billion Opportunity, ChatGPT Will Spark Arms Race: Wedbush

Wedbush analyst Dan Ives.

  • Artificial intelligence will be a $800 billion market opportunity over the next decade, Wedbush says.
  • Microsoft, Google-parent Alphabet, and other Big Tech companies are set to benefit, Dan Ives says.
  • AI is likely to transform Bing, Azure, and other key Microsoft businesses, Ives says.

Artificial intelligence will be worth a whopping $800 billion to businesses over the next 10 years, and Big Tech companies will spend aggressively to capture as much of that as they can, Wedbush says.

Dan Ives, a managing director and tech specialist at the…

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