Companies with Unique Data Positioned for AI Advancements, Expert Says

In a recent interview with CNBC's Pro Talks, Yuri Khodjamirian, Chief Investment Officer of Tema ETF, highlighted the critical role of unique data in the next phase of artificial intelligence (AI) development. He emphasized that companies with exclusive access to high-quality, well-structured data will be best positioned to leverage advancements in AI technologies, such as OpenAI's ChatGPT and Anthropic's Claude. Khodjamirian pointed out that as the world increasingly embraces AI, the demand for trusted data tailored to specific companies will grow. Khodjamirian identified four stocks he believes are set to thrive in this evolving landscape: Moody's, S&P Global, MSCI, and Intuit. He noted that these companies possess extensive financial data that cannot be easily replicated. For instance, Moody's boasts a comprehensive database on credit decisions, which, when enhanced with AI tools, significantly increases its value. The company's shares have already seen a 15% rise this year, reflecting investor confidence in its potential. Additionally, Khodjamirian sees promise in S&P Global and MSCI, which also hold vast amounts of financial and index data. The recent release of Meta's AI model, Llama 3.1, further illustrates the competitive dynamics in the sector. Meta's decision to offer this technology for free aims to challenge established players like Microsoft-backed OpenAI and Amazon-backed Anthropic. Khodjamirian concluded that companies with exclusive datasets will maintain a competitive edge, enabling them to effectively utilize AI models like Llama to create customized and powerful applications.