As the world embraces the digital age, Artificial Intelligence (AI) is becoming increasingly prevalent in various industries. AI is a field of computer science that enables machines to perform tasks that would typically require human intelligence. The potential for AI to revolutionize businesses is enormous, and it is no surprise that investors are looking to capitalize on this trend.
At present, there are numerous AI-based stocks available in the market. However, identifying the most promising AI stocks for investment can be daunting. In this article, we will provide you with a list of the top 10 AI stocks to buy right now for good returns in the future.
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NVIDIA Corporation (NVDA):
NVIDIA is a leading technology company that designs graphics processing units (GPUs) for the gaming and professional markets. The company’s AI offerings include hardware and software solutions for deep learning, inference, and machine learning. NVIDIA is poised to benefit from the growth in AI as it becomes increasingly integrated into various industries.
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Alphabet Inc. (GOOGL):
Alphabet is the parent company of Google, one of the world’s most significant search engines. Google has been at the forefront of AI research and development for several years, and its AI offerings include Google Assistant, Google Translate, and Google Photos. Alphabet’s AI capabilities will likely drive growth for the company in the coming years.
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Amazon.com, Inc. (AMZN):
Amazon is a multinational technology company specializing in e-commerce, cloud computing, and digital streaming. The company’s AI offerings include Alexa, Amazon Rekognition, and Amazon SageMaker. As Amazon continues to expand its operations, its AI capabilities will likely drive growth for the company.
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Baidu, Inc. (BIDU):
Baidu is a Chinese multinational technology company specializing in Internet-related services and products. The company’s AI offerings include Baidu Brain, Apollo, and DuerOS. Baidu is a significant player in the Chinese AI market and is well-positioned to benefit from the growth in AI in the country.
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Intel Corporation (INTC):
Intel is a multinational technology company manufacturing microprocessors and other computer components. The company’s AI offerings include the Intel Neural Compute Stick and the Intel Movidius Neural Compute Stick. Intel’s AI capabilities will likely drive growth for the company in the coming years.
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Salesforce.com, Inc. (CRM):
Salesforce is a cloud-based software company that provides customer relationship management (CRM) solutions. The company’s AI offerings include Salesforce Einstein, which uses AI to provide insights and predictions to users. Salesforce’s AI capabilities are likely to drive growth for the company as more businesses adopt AI-based solutions.
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Microsoft Corporation (MSFT):
Microsoft is a multinational technology company specializing in software, hardware, and consumer electronics. The company’s AI offerings include Azure Machine Learning, Microsoft Cognitive Services, and Microsoft Bot Framework. Microsoft’s AI capabilities are likely to drive growth for the company as more businesses adopt AI-based solutions.
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International Business Machines Corporation (IBM):
IBM is a multinational technology company specializing in hardware, software, and consulting services. The company’s AI offerings include IBM Watson, an AI-based platform that provides insights and predictions to users. IBM’s AI capabilities will likely drive growth for the company in the coming years.
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Twilio Inc. (TWLO):
Twilio is a cloud-based communications platform that provides application programming interfaces (APIs) for developers to build messaging and voice applications. The company’s AI offerings include Twilio Autopilot, which uses AI to enable natural language Conversations between users and applications. As more businesses seek to automate their communication channels, Twilio’s AI capabilities will likely drive growth for the company.
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Alibaba Group Holding Limited (BABA):
Alibaba is a Chinese multinational technology company specializing in e-commerce, retail, and technology. The company’s AI offerings include the Alibaba Cloud ET Brain platform, which provides AI solutions to businesses. As AI adoption continues to grow in China, Alibaba’s AI capabilities will likely drive growth for the company.
Conclusion
In conclusion, the potential for AI to transform businesses is enormous, and investors are taking notice. While numerous AI-based stocks are available in the market, the companies on this list have proven track records in AI research and development and are well-positioned to benefit from the growth in AI. As always, conducting your due diligence before making any investment decisions is essential.
