DigitalBridge Poised to Profit from Generative AI Growth Despite Transition Pains
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Generative AI can produce high-quality text, graphics, videos in seconds and has massive potential to automate manual, repetitive tasks.
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Companies like Google, Microsoft, Meta, Nvidia are investing in Generative AI and providing it as part of their products and services.
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DigitalBridge Group (DBRG) well-positioned to benefit from AI's growing infrastructure needs like data centers, cell towers, fiber networks.
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DBRG transforming from a REIT to an asset manager focused on digital infrastructure assets with recurring, predictable fees.
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DBRG preferred shares offer 8.5% yield and are deeply discounted, providing a good way to gain exposure to Generative AI growth.