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The software can also assist marketers in identifying target customer groups and generating product descriptions for e-commerce.īest Artificial Intelligence (AI) Stocks To Buy According to Analysts 15. The technology behind it comes from OpenAI, and it can create contextual chat and email responses to customer-service inquiries. The company has launched a new AI assistant called Dynamics 365 Copilot, which is designed to help with tasks like sales, marketing, and customer service. In its ongoing competition with Google over search, Microsoft Corporation (NASDAQ:MSFT) has integrated artificial intelligence technology, and is now using the latest AI advancements to keep pace with competitors in the corporate applications market, such as Oracle Corporation (NYSE:ORCL), Salesforce, Inc. CEO Sundar Pichai has previously stated that AI will have a more significant impact on society than even fire or electricity. (NASDAQ:GOOG) scrambling to catch up in this crucial area of technology. OpenAI launched ChatGPT in November 2022 and its rapid success has left Alphabet Inc. However, OpenAI has emerged as an early pioneer in generative AI, which refers to software that can create its own text, images, or videos. Many of the advancements in AI chatbots were developed in Google's research labs. The company has gained a reputation for investing in long-term projects and researching futuristic technologies. (NASDAQ:GOOG) was originally considered to be the leader in the field of artificial intelligence. The North America artificial intelligence market was worth $51 billion in 2021.Īlphabet Inc. The global artificial intelligence market size was approximately $119.78 billion in 2022 and it is forecasted to reach $1,591.03 billion by 2030, registering a CAGR of 38.1% from 2022 to 2030. This growth trend is expected to continue as more companies and governments worldwide adopt AI solutions each year. A record number of 65 AI companies reached a valuation of $1 billion or more, marking a 442% increase from the previous year. The AI industry is flourishing globally, with funding for AI doubling to $66.8 billion in 2021. It is transforming the global economy and national security. If you want to see more stocks in this selection, check out 5 Best Artificial Intelligence (AI) Stocks To Buy According to Analysts.Īrtificial Intelligence (AI) is an emerging technology that has wide-ranging applications across various industries and significant implications for society. In this article, we discuss 15 best artificial intelligence stocks to buy according to analysts.
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