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IPO● Neutral for Indian equities
Big dreams and tiny revenue are the new norm for AI IPOs
The brief
- AI IPOs are marked by ambitious plans and tiny revenue
- The AI boom and high valuations make the gap between ambition and income more striking
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- AI stocks whipsaw as $3 trillion rebound follows AI disruption fears
- AI boom, supply chain shifts create big opportunity for India's chip sector: BCG
- Trump rejects closer US-China AI integration
- Next large investment should be in AI infrastructure, says Sitharaman