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The 'AI revolution' is playing out, Wedbush sees tidal wave of spending coming to the tech industry

February 13, 2024 1:17 PM EST

The artificial intelligence (AI) revolution is playing out, according to Wedbush analyst Daniel Ives, who believes there is a "tidal wave" of spending coming to the tech industry.

Ives explained in a note to clients that heading into 2024, there was building hype and excitement for AI, which Wedbush views as the "biggest tech transformation since the start of the... More