
As 2023, the year of AI, comes to a close an abundance of questions remain around how companies will profit from the new technology. But, one thing is certain, AI is here to stay, and is growing at an incredibly rapid rate. You need look no further than any NVIDIA (NVDA) earnings report this year for confirmation.
I’ve talked about several companies employing the new AI technology in a variety of ways. But, there are also non-technology centric (at least not AI focused technology) ways to get in on the AI boom, that should have long term legs regardless of how AI is eventually employed. And one backdoor play in the world of AI is Vertiv Holdings (VRT).