There's no denying that recent advances in artificial intelligence (AI) have been a secular tailwind driving the market higher since early 2023. Businesses and investors alike are keen to profit from the potential of these advanced algorithms to unleash a wave of employee productivity.

Tiger Global Management reduced its position in Nvidia in Q4 by nearly 13%. Nvidia still claims the No. 10 spot in the hedge fund's portfolio with a stake valued at roughly $480 million at the end of 2023. However, Coleman is taking some of his profits off the table with the stock after making big gains.

At its core, AI involves the development of software and systems capable of performing tasks that traditionally required human intelligence. What sets AI apart is its ability to learn and adapt autonomously,

You might have experimented with ChatGPT or some of the other large language models, which are part of a new frontier where artificial intelligence (AI) changes the world around us. Is this a new reality or a fad?