AI
Apollo says AI has delivered 'zero financial payoff' outside the tech industry
One of the world's largest investment firms isn't bullish on AI. Michael M. Santiago/Getty Images Only tech companies are seeing growth from the AI boom, Apollo Global Management says. Apollo says that though some big companies are spending big on AI, they may soon pull back. Corporate America is starting to see AI spending not as a source of growth, but as a cost center. One of the world's largest investment firms says that only tech companies are getting a share of the AI pie. In an economic
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Originally published byBusiness Insider 2h ago · businessinsider.com
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