Marcus Bodet expects AI strength in 2026, including in sectors like infrastructure. He thinks M&A activity will pick up into the first half of next year, especially from hyperscalers like Meta Platforms (META) or Alphabet (GOOGL). He’s focusing on the “core businesses” for AI as the sector gets busier. He doesn’t believe in an AI bubble, arguing the market is smarter than it was during the dot-com bubble and that there’s way more growth to be had.