AI could trigger a re-rating for new-age tech stocks; Meesho, Eternal seen as biggest winners: BofA
Fears that artificial intelligence will erode the moats of internet platforms may be overdone. Instead, AI could expand addressable markets, create new revenue streams and improve monetisation, with Meesho and Eternal emerging as the biggest beneficiaries over the next 12-18 months, according to BofA Securities
Fears that artificial intelligence will erode the moats of internet platforms may be overdone. Instead, AI could expand addressable markets, create new revenue streams and improve monetisation, with Meesho and Eternal emerging as the biggest beneficiaries over the next 12-18 months, according to BofA Securities
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