Morgan Stanley Executive Says AI Acquisitions Occur Across Industries

Morgan Stanley’s head of global technology M&A said acquisitions in artificial intelligence are coming in all sizes and in multiple industries as companies race to fill technology gaps across chips, power, networking and infrastructure. The executive noted that the activity reflects efforts by firms to obtain capabilities they do not currently possess internally.

Transactions are occurring in sectors beyond traditional technology companies, according to the same statement. Smaller acquisitions are taking place alongside larger ones, the executive added.

Companies are targeting components such as chips, power systems, networking equipment, and broader infrastructure. The statement did not provide specific transaction examples or timelines.