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Hedge funds on track for another stellar year on AI boom

NEW YORK, July 28 (Reuters) - Global ⁠hedge funds are on track for another blockbuster year, as they look to surpass their returns from ⁠2025 after an artificial intelligence boom buoyed first-half performance for money managers across most investment strategies, according ‌to a Goldman Sachs note sent to clients that was seen by Reuters.

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Hedge funds on track for another stellar year on AI boom

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: The Star
https://a2zai.ai/bytes/hedge-funds-on-track-for-another-stellar-year-on-ai-boom-e9686ddf
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