As Cisco’s recent $1bn fund for artificial intelligence (AI) start-ups suggests, AI is no longer a distant future but an imminent reality shaping our present. This move also reflects a broader trend of growing investments in AI. As more investors explore tapping into AI’s potential, the biggest caution is to ensure that they are properly weighing the hype against the risks.

Initially operating behind the scenes, AI has transitioned from a concept predominantly explored in academic and research settings to a transformative force in the real world, influencing everything from personalised recommendations to autonomous driving, factory robots, filmmaking and cloud computing. While the uses of AI are still being debated and formed, the widespread consensus is that AI will have a profound impact across all sectors, including the investments landscape...

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