TECH - Dan Ives Says AI Is The 'Fourth Industrial Revolution' After 'Robust' Results From Microsoft And Google: '1995 Moment' | Benzinga
Tech bull Dan Ives expressed optimism after Microsoft Corp. (NASDAQ:MSFT) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's March 2024 quarter earnings, reiterating his belief that the "AI revolution" is here.
What Happened: Wedbush's Ives called Microsoft and Google's earnings "robust" and said money is going into artificial intelligence (AI) technologies.
He expressed his excitement about the strong tech results from Microsoft and Google and referred to the AI Revolution as a “1995 moment," in an interview with Bloomberg Surveillance.
He emphasized the need for increased AI spending, suggesting that it indicates a shift towards the “fourth industrial revolution.”
Great to be on @bsurveillance with @FerroTV and @lisaabramowicz1 discussing robust tech results from Redmond and Alphabet as the AI Revolution is a 1995 ...