Sea CEO Forrest Li envisions $1 trillion market cap with AI boost

Published 2 weeks ago Positive
Sea CEO Forrest Li envisions $1 trillion market cap with AI boost
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* Sea (NYSE:SE [https://seekingalpha.com/symbol/SE]) founder Forrest Li reportedly told employees a trillion-dollar market capitalization—an increase of about 10 times—is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence for growth.
* In a memo to staff on Monday, seen by _Bloomberg News_, Li compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy.
* “It will require us to make the right calls, execute extremely well, remain well-disciplined, and compete relentlessly,” he said in the memo on the eighth anniversary of Sea’s (NYSE:SE [https://seekingalpha.com/symbol/SE]) stock-market debut. “But a tech transition like this makes it possible” for Sea to be a trillion-dollar company, he added.

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