Exploring Potential AI Losers
You didn't mention Microsoft for vector search. Being part of Azure, same place to add Azure openai, is a big advantage. If you're using azure for a service already you will stick to what it can offer. The technology itself is now mature it's a matter of hosting
It’s listed in the agenda
Great article, @sophie you mention snowflake as a short. I’ve been very negative on them for the past year but they are leaning hard into enabling ai/ml LLMs, etc to sit over the data enterprises have with them. Their summit conference is basically all ml/ai with Jensen Huang speaking at it and a who’s who of ml/ai experts at various big companies. I’ve moved from puts to calls with snowflake, so far it has played to my favor. The other thing is snow has a 5 billion dollar warchest. They can certainly muscle their way in
TRIP should benefit a lot from Viator, whose growth they are funding entirely with organic cash flow. GetYourGuide has a 2bn valuation, equal to the EV of TRIP, but is burning cash to compete. Do you think TRIP could actually end up being an AI beneficiary instead?
Not mentioned in article but included in spreadsheet are: COUR, FRSH, BIG. These are all still good shorts? Also quite a few names in the relative winners section that aren't included in article. These are still good relative longs? Thanks.
Interesting that Jensen is doing a keynote with Slootman at next weeks SNOW event.