In late September, OpenAI’s CEO Sam Altman unveiled plans for the company to achieve 250 gigawatts of data center power by 2033, equivalent to around 125 Hoover Dams. Achieving this goal could require an estimated $12 trillion in investments. Industry experts like Brad Neuman believe diverse investors will support these ambitions, contrasting this era with the dot-com boom, as current AI leaders like Microsoft and Amazon maintain strong financial health. In light of this, the Alger AI Enablers & Adopters ETF (ALAI) may provide an attractive investment to capitalize on AI growth. ALAI focuses on companies either driving AI adoption or enhancing operations through AI. This fund emphasizes fundamental research, investing in firms experiencing Positive Dynamic Change, which encompasses High Unit Volume Growth and Positive Lifecycle Change. Investors interested in AI can explore ALAI, which aims to navigate the evolving landscape of technology-driven growth. For more insights, visit the Artificial Intelligence Content Hub.
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