Page 1 of 1

A gold mine called artificial intelligence

Posted: Mon Jan 06, 2025 5:44 am
by Bappy10
Tesla is currently valued at 35 times its earnings . In contrast, carmakers such as Volkswagen, BMW, Mercedes-Benz and Porsche are valued at only four to five times their earnings. Tesla is increasingly facing competition in the electric car sector, so Tesla's stock will continue to lose value, Galloway speculates.

Galloway's predictions also included one of the hottest slovenia number data topics of the moment in the "techie" scene: artificial intelligence . The professor believes that the growing strength of this technology could benefit (for a change) a technology company from the old continent: Celonis. This startup, founded in Germany in 2011, develops artificial intelligence software that analyzes company processes and looks for optimization potential.

Although Celonis has not yet gone public, one of its founders has already hinted at a possible IPO, an IPO that Galloway predicts could be the most important in the "techie" industry in 2023 (or failing that, in 2024).

Another company directly related to artificial intelligence that will be anointed with a whole host of good news in 2023 is OpenAI, the parent company of ChatGPT . “In the first five days after its launch, ChatGPT registered one million users. It took Instagram, on the other hand, two and a half months to reach one million users, Facebook 10 months, Twitter 24 months and Netflix 41 months,” Galloway emphasizes.