Market Chatter: MGM Resorts Provides Real-Life Experiences Amid AI, Barry Diller Says

MT Newswires Live

Jun 10

MGM Resorts International (MGM) can offer people irreplaceable real-world experiences in a world increasingly dominated by AI, Barry Diller, who is seeking an $18 billion takeover of the company, said in an interview, according to the Financial Times.

"There's no way any technology gets between a customer and a desire to be at a resort or any physical place," the FT quoted the Hollywood mogul as saying in an interview. "If you can offer such an experience, you have a direct clear shot to the heart and mind of a human."

Diller's People Inc. already owns 26% of MGM, the report said.

People did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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