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Cathie Wood Foresees $13 Trillion AI Software Boom by 2030, Highlights Alphabet and Datadog as Key Players
Cathie Wood Foresees $13 Trillion AI Software Boom by 2030, Highlights Alphabet and Datadog as Key Players
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Ark Invest's Cathie Wood projects the AI software market will balloon to $13 trillion by 2030, with Alphabet (GOOG, GOOGL) and Datadog (DDOG) positioned as primary beneficiaries. Google's Gemini Code Assist—already generating 30% of the company's code—and Datadog's cloud monitoring tools are cited as critical infrastructure for the impending AI-driven transformation.
Wood's forecast aligns with industry momentum, as evidenced by OpenAI's GPT-5 and Google DeepThink demonstrating near-competitive programming capabilities. The cloud-centric nature of AI deployment further solidifies Datadog's role in the ecosystem.
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