The uber-rich don’t want to miss out on the AI craze. Here’s how they are cautiously investing

• Billionaires like Google’s Eric Schmidt are betting big on AI through their family offices.
• But these private investment firms prioritize wealth preservation rather than rapid returns.
• Insider talked to family office insiders to learn how to find real deals amid the hype cycle.

America’s rich are eager to join the artificial intelligence gold rush. Billionaires like hedge fund titan Stanley Druckenmiller are buying up shares of chipmaker Nvidia.  Google cofounder Eric Schmidt is an investor in Mistral AI, a French startup founded less than two months ago.