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As tech companies pour billions into AI development, achievements that seemed unimaginable not long ago may be much closer at hand. To accelerate AI’s development, tech companies are investing billions in AI infrastructure and data center architecture. This buildout, we believe, has brought AI to a crucial inflection point where the technology’s sci-fi promises now seem surprisingly near at hand. In addition to passenger cars, we also think AI could be especially useful in high-risk industries, such as mining and construction, by sparing more workers from performing dangerous tasks. The “Neuberger Berman” name and logo are registered service marks of Neuberger Berman Group LLC.