- The manager of First Eagle Fund, a $17 billion investment fund, claims that Alibaba’s current share price reflects only its e-commerce operations, overlooking significant AI growth opportunities.
- This assessment suggests that investors are missing out on the potential upside of Alibaba’s artificial intelligence initiatives.
- As AI technology continues to evolve, the manager views the underestimation of Alibaba’s AI business as a ‘free call option’ for investors.
Alibaba’s AI potential remains undervalued, says First Eagle Fund manager
The manager of First Eagle Fund, a $17 billion investment fund, claims that Alibaba's current share price reflects only its e-commerce operations, overlooking significant AI growth opportunities. This assessment suggests that investors are missing out on the potential upside of Alibaba's artificial intelligence initiatives. As AI technology continues to evolve, the manager views the underestimation of Alibaba's AI business as a 'free call option' for investors.