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In the rapidly evolving world of technology, artificial intelligence (AI) has emerged as a game-changing force, driving innovation and transforming industries. As investors scramble to find the next big winner, a new AI-focused exchange-traded fund (ETF) managed by a seasoned hedge fund veteran is making waves, surging 60% over the past year. This groundbreaking ETF is turning heads and attracting attention from investors looking to capitalize on the AI revolution.
The AI-focused ETF, led by a former hedge fund manager with a stellar track record, was launched to provide investors with access to a diversified portfolio of AI-driven companies. The ETF has seen its value skyrocket by an impressive 60% over the past year, significantly outpacing major indices and capturing the imagination of investors.
The surge in the ETF's value is a clear indication of the growing recognition of AI's potential to reshape industries and drive economic growth. According to a report by PwC,
