Tom Keene

AI Demand Broadens Beyond Hyperscalers Into Software, Devices and Space

Ivan Feinseth, chief investment officer at Tigress Financial, argued on Bloomberg Technology that the AI investment case is already broader than the hyperscale capex cycle and the next wave of AI IPOs. He pointed to Microsoft’s Azure and Copilot revenue, Adobe’s underrecognized AI content tools, Garmin’s health-and-wellness devices and SpaceX’s long-duration space story, while cautioning that AI-native IPOs may draw strong initial demand but will still have to prove themselves as public companies.