Ep. 520: Artificial intelligence: Is it a good investment?
Guest: Murray Leith, Odlum Brown
Artificial intelligence is a hot topic and investing in the sector is also hot.
NVIDIA, the company that produces the chips that train and process AI models, saw its stock soar from $17 USD in January 2023 to $125 USD in August 2025. Microsoft, Alphabet, Amazon, and Meta are all experiencing upsides due to an intense focus on and hype over AI.
“Investing in AI on the surface is the same as any other stock, except that it isn’t,” says Murray Leith of Odlum Brown. “Pure large-language models like OpenAI’s ChatGPT can only be purchased as stock, by buying Microsoft shares. There are also a host of other companies you can buy, such as Crowdstrike to Salesforce and Amazon.”
Investing in the Magnificent 7 tech companies have proven to be sound investments. Leith says, “Those companies have proven track records [and] proven management and they have the resources to develop AI applications and technologies. Investing in companies like AI21 Labs, Cohere, and Anthropic is only available through private placement, which requires large amounts of investment dollars and those are highly speculative.”
We invited Murray Leith, Chief Investment Officer at Odlum Brown, to join us for a Conversation That Matters on what to know if we dare to venture into AI investments.