3 hours ago
Alibaba Group Holdings Ltd.’s stock price currently reflects only the value of its e-commerce operations, failing to account for the company’s potential in artificial intelligence, according to the manager of a $17 billion fund at First Eagle.
The fund manager described Alibaba’s AI business as a “free call option,” suggesting that the market has yet to fully price in the growth opportunities arising from the company’s AI initiatives.
This perspective highlights the potential upside for investors if Alibaba successfully leverages its AI capabilities alongside its established e-commerce platform.
