1. Alphabet Inc (Google)
As one of the world’s leading tech companies, Google has made significant investments in Artificial Intelligence (AI). Its pioneering AI technology, such as the Google Home smart speaker and Google AI, aim at making life easier and more convenient. Google’s autonomous driving unit, Waymo, uses advanced AI algorithms for navigation, traffic prediction, and decision making. The company’s notoriety for being an innovator in the tech industry gives Google stocks promising potential for high returns.
2. NVIDIA Corporation
NVIDIA is known for designing graphics processing units for the gaming and professional markets, but it’s also prominently involved in AI. Its products are widely used in AI data centers and self-driving cars. NVIDIA’s state-of-the-art platforms allow developers to create and deploy AI systems across various sectors, guaranteeing the corporation a significant position in the market and potentially lucrative prospects for its stock in the future.
3. IBM
IBM has a lengthy history within the tech industry, and its involvement with AI is no different. The company’s Watson technology is a prime example of its endeavors within the field of AI. Watson’s ability to interact in human language is uniquely advanced, leading to applications across a variety of industries, including healthcare, finance, and even entertainment. IBM’s durability in the tech market and continuous innovation foretell a promising future for its stocks.
4. Microsoft Corporation
Microsoft Corporation is yet another tech titan deeply entrenched in the AI sphere. With its Azure Cloud platform offering a multitude of AI services, Microsoft has positioned itself as a strong contender in the AI market. It has invested heavily in AI research and development, expanding its AI services and technology offerings. This continuous innovation and expansion make Microsoft a potential heavy-hitter in terms of future AI stocks.
5. Amazon.com Inc.
Amazon is known globally for its sprawling e-commerce platform. However, its undertakings in the field of AI are notable. Alexa, Amazon’s virtual assistant, is built on advanced AI technology facilitating speech recognition and natural language understanding. Amazon’s AI technology also extends to its drone delivery initiatives and grocery store venture, Amazon Go. Amazon’s groundbreaking applications of AI technologies bode well for the future of its stocks.
6. Facebook
With AI being an integral part of its operations, Facebook continues to show potential in AI stocks. This tech giant uses AI to fuel a variety of processes, including content moderation, ad targeting, and user experience enhancement. Additionally, Facebook AI Research (FAIR) works