Morgan Stanley’s Simkowitz Says AI Financing Is Still in Early-to-Mid Stages
JH Kim
Summary
- Dan Simkowitz, a Morgan Stanley executive, said the artificial intelligence-related financing market is still in the early-to-mid stages of its growth.
- Discussing funding flows around the AI industry, he said, “we are in the relatively early-to-mid stages.”
- The comment suggests financing activity for AI-related companies and infrastructure has already expanded, but still has room to grow.
Forecast Trend Report by Period
Dan Simkowitz, a Morgan Stanley executive, said the market for artificial intelligence-related financing is still in the early-to-mid stages of its growth.
Discussing funding flows around the AI industry, Simkowitz said on Sept. 15, according to Walter Bloomberg, that “we are in the relatively early-to-mid stages.”
The comment suggests financing activity for AI-related companies and infrastructure has already expanded, but still has room to grow.
Simkowitz did not provide specific figures for future fundraising volumes or market projections.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.