Could the Stargate Project Help Send BigBear.ai Stock Soaring This Year?

Spending on artificial intelligence (AI) has been heating up recently, and it may not necessarily be slowing down. The Stargate project, a new joint venture announced in January, will involve multiple companies -- OpenAI, Oracle, and SoftBank -- investing hundreds of billions of dollars to help build data centers and infrastructure needed for AI.But what could that mean for a smaller AI company, such as BigBear.ai (NYSE: BBAI)? Could it stand to benefit from these developments, and will this be a potential catalyst that helps the stock rally this year?Although BigBear.ai isn't one of the key companies involved in Stargate, nor does it sell AI-related infrastructure, it can still benefit from the project. That's because setting up the infrastructure to be ready for next-gen technologies and for deploying AI models can be an important first step for businesses looking to offer AI-powered products and services. And BigBear can help them along that path.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool