Jefferies says cheaper AI models to boost infrastructure demand; Favours memory chip makers

New Delhi [India], June 26 (ANI): The emergence of low-cost artificial intelligence (AI) models is unlikely to slow AI investments. Instead, it could increase demand for computing infrastructure, according to a report by global brokerage Jefferies.

The report said the launch of Chinese AI company Z.ai’s GLM-5.2 model marks another key development in the AI industry. It said the model has intensified competition with leading Western AI firms while reducing inference costs.