In this article, we pick the smartest big tech AI companies to invest in for big returns.
Machine learning and artificial intelligence are at the core of the current technology revolution. These technologies are nearly ubiquitous in nature, similar to smartphones, as they can potentially impact almost every major business. Deep learning and machine learning are examples of artificial intelligence that use computers to perform activities that normally require human intelligence. Many IT companies are adopting AI to enhance their current operations through well-known applications such as robotics, self-driving cars, and virtual assistants. This scenario has propelled many top artificial intelligence companies into the mainstream. Getting your hands on stock in a major AI company is more rare than you might think. Many companies are leveraging AI technology efforts and machine learning. However, there are actually very few publicly traded stocks of pure AI companies. This article focuses on a list of top 10 stocks of smart leading AI companies that have the potential to deliver double or triple returns in 2023.
Below are some of the leading AI company stocks you can choose to invest in in 2023.
Palantir Technologies Inc. ($PLTR)
A data analytics startup called Palantir employs AI tools to help users make decisions based on more accurate data analysis. The startup leverages artificial intelligence to evaluate data and provide recommendations to various clients. Palantir Apollo is used to automate configuration and power delivery systems. Palantir’s software has been adopted by 50 different industries, and the company is recognized as a leader in its AI platform field.
Alphabet Co., Ltd.
One of the world’s leading companies in AI research is the parent company of Google. Considering the search engine algorithm likely directed you to this post, you don’t have to go far to see the scope of Google’s AI technology. Additionally, AI powers every aspect of Alphabet’s operations, from precisely positioning images to predicting travel preferences with Google Maps.
Nvidia
Nvidia, the leading graphics chip company, has capitalized on the AI boom and its graphics cards have become the de facto standard in data centers around the world. Nvidia’s data center business has been steadily increasing as a percentage of the company’s total revenue and is expected to become the top gaming revenue generator in 2022. Additionally, AI is one of the driving forces behind the company’s growth. This is one of the major high-tech AI company stocks to watch in 2023.
IBM
This established IT company provides integrated hardware, software, and services to large enterprise customers. The company continues to dominate some industries with its mainframe computer systems and frequently agrees to multi-year technology contracts that are individually worth hundreds of millions of dollars. IBM is a complex organization undergoing transformation, and AI is not the only area where IBM has potential for growth. However, if you want to invest in a business that is well-positioned to benefit from the AI boom, IBM is a smart choice.
UiPath Co., Ltd.
UiPath Inc. (NYSE:PATH) is an American company that provides an automation platform that enables customers to use artificial intelligence to speed up daily tasks, automate processes, and create new automated processes. The company is headquartered in New York, New York.
Verisk Analytics Co., Ltd.
Verisk Analytics, Inc. (NASDAQ:VRSK) is a data analytics company with products that support customers in the insurance underwriting, finance, risk analysis, and economic forecasting industries. The company is headquartered in Jersey City, New Jersey.
Autodesk Corporation
Autodesk, Inc. (NASDAQ: ADSK) is a software company primarily providing design and engineering products. These allow engineers, designers, and architects to plan and design products. The company is headquartered in San Rafael, California.
C3.ai
The “ai” in the company name and ticker reflects that C3.ai is one of the leading pure-play technology AI company stocks available on the market. While the organizations on the list above are multifaceted tech giants and chipmakers with AI-related ventures, C3.ai focuses solely on his AI. His SaaS company, C3.ai, develops software that enables businesses to use a wide range of AI applications. The company’s products offer a wide range of applications and help customers accelerate software development while reducing cost and risk.
Amazon
Amazon is at the top of the list of companies making the most use of AI. The company’s founder and executive chairman, Jeff Bezos, is a champion of machine learning and AI. Amazon started as an online store, but technology has always been the backbone of the business. Amazon currently offers products such as Alexa, its market-leading voice-activated technology, Amazon Go, a cashier-less grocery store, and Amazon Web Services Sagemaker, a cloud infrastructure tool that provides advanced information to data scientists and developers. , uses artificial intelligence in a variety of products. High quality machine learning models.
Tesla ($TSLA)
Tesla is very focused on artificial intelligence and hosts an annual AI Day to recruit top talent in the industry. As the business continues to focus on developing AI, Tesla has teased the concept of humanoid robots, self-driving cars, and a robotaxi service that would be a hybrid of Uber and Airbnb.
Join our WhatsApp and Telegram community for regular updates on top technology
Source link
