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1 top FTSE 250 trust to consider for the artificial intelligence (AI) boom
['Tue', 'Sept', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Image source: Getty ImagesThe FTSE 100 (^FTSE) and FTSE 250 (^FTMC) aren’t exactly brimming with obvious AI-related stocks.
Something differentIn contrast, I think Baillie Gifford US Growth Trust (USA.L) does offer something different.
Baillie Gifford US Growth Trust sees a lot of opportunity here, and it hopes to get in near the ground-floor level with some of these start-ups.
Baillie Gifford US Growth TrustOne potentially very disruptive private company is Runway AI, which uses generative AI to make and edit videos, images, and special effects.
Baillie Gifford says a major retailer has used it to visualise 3D models of furniture listed on its website.
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