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C - AI's ROI

Citigroup Inc.

2024-07-01 11:33:00 ET

In 2023, the AI industry spent an estimated $50 billion on Nvidia chips, with the purpose of training AI models. The payoff for all that spend, according to Sequoia Capital, is $3 billion in revenue. Is that a return worth bragging about?

In this podcast, Motley Fool host Ricky Mulvey talks with analyst Asit Sharma about how investors might think about companies' AI spend.

They also discuss:

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AI's ROI
Stock Information
Company Name: Citigroup Inc.
Stock Symbol: C
Market: NYSE
Website: citigroup.com
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