Tech Investment Shifts from FAANG to 'MANGO' in AI Race

**Tech Investment Shifts from FAANG to 'MANGO' in AI Race** The tech investment world is experiencing a significant shift, according to tech investor Kristina Shen. In a recent CNBC interview, Shen highlighted a move away from the traditional FAANG (Facebook, Amazon, Apple, Netflix, Google) companies towards a new group she calls "MANGO." This new cohort includes tech giants like Microsoft, Anthropic, Nvidia, Google DeepMind, and OpenAI. Shen's analysis points to a change in investor focus, driven by advancements in artificial intelligence. She states, "I very much do believe that the power has shifted in Big Tech from the FAANGs over to the AI leaders." This shift is reflected in recent acquisitions, notably OpenAI's purchase of Jony Ive's design firm. Shen sees this as a crucial step toward the integration of AI into consumer hardware, a sector poised for significant growth. The interview also touches on the role of consumer sentiment and the types of acquisitions being made by these AI leaders. Shen's insights provide a valuable perspective on the future direction of the tech industry, suggesting a focus on consumer-oriented AI products and the potential for further disruption in the market. The MANGO era, as Shen terms it, represents a new chapter in tech innovation and investment.