With the rapid development of technology and artificial intelligence, more investors are turning to AI stocks for potential profits. In this guide, we’ll examine the top ten AI-focused companies to consider buying and discuss what investments may be right for you.
Alphabet Inc. (NASDAQ:GOOGL) is one of the best AI companies to invest in due to its size and innovative capabilities. With massive subsidiaries like Google, YouTube and Waymo, they are at the forefront of advances in artificial intelligence, machine learning and natural language processing across many industries. Their investments have led them to develop advanced autonomous vehicles, create e-commerce services, expand search capabilities, improve ad targeting and more.
Microsoft is another leader in the field of AI. They acquired Linked In and have successfully integrated it with their business applications. They have also been heavily investing in corporate artificial intelligence solutions and are a significant player in the cloud computing space. The company has stated that AI will drive its business forward, as it works to better identify customers’ needs and wants. As a result, Microsoft is expected to significantly boost its profits in the years ahead with AI-related projects.
NVIDIA Corporation is an American global technology company specializing in graphics processing units. It is one of the leading companies in the field of artificial intelligence and machine learning, powering AI applications such as self-driving cars, medical diagnostics, and machine vision. The company has seen tremendous growth recently due to its strong focus on AI technology and its ability to identify market trends early on. Investing in NVIDIA stock may be right for those who want to benefit from the latest developments in AI technology.
Amazon Web Services
Amazon Web Services (AWS) is cloud computing platform providing a range of services, including AI and machine learning capabilities. The company’s ‘deep learning’ service enables customers to create intelligent applications and services to manage large amounts of data. AWS also offers innovative products in many other fields such as robotics, internet of things (IoT), image recognition, natural language processing, and predictive analytics. Investing in AWS may be suitable for those who wish to gain exposure to the rapidly growing artificial intelligence space.
Intel Corporation is a global technology leader which provides a range of computing solutions, including processors, boards, machines and AI platforms. It also provides cloud-based analytics and security solutions, as well as its own processor chip for autonomous driving applications. As one of the oldest and largest tech companies in the world, Intel has been at the forefront of quantum computing and AI for many years. There may be potential to benefit from investing in Intel for those looking to add diversity to their portfolio with proven long-term investments.