Here are five major stocks actively working in artificial intelligence (AI):
NVIDIA (NVDA): NVIDIA is a leading company in the AI sector, known for its powerful GPUs that are essential for AI and machine learning tasks. The company’s GPUs are widely used in data centers and for AI research, making it a critical player in the AI hardware market.
Alphabet Inc. (GOOGL): Alphabet, the parent company of Google, is heavily invested in AI through its Google AI and DeepMind divisions. They work on various AI applications, including natural language processing, image recognition, and autonomous driving technologies.
Microsoft (MSFT): Microsoft is a major player in AI, integrating AI technologies across its products and services, such as Azure AI, Office 365, and its partnership with OpenAI. The company is focused on making AI accessible to developers and enterprises through its cloud services.
Amazon (AMZN): Amazon uses AI extensively in its operations, from its recommendation algorithms on Amazon.com to its cloud-based AI services through AWS. Amazon’s AI initiatives also include advancements in voice recognition with Alexa and AI-driven logistics.
IBM (IBM): IBM has been a pioneer in AI with its Watson platform, which offers AI solutions for various industries, including healthcare, finance, and customer service. IBM continues to invest in AI research and development, focusing on enterprise AI applications.
These companies are at the forefront of AI development and deployment, making significant contributions to the advancement of AI technologies across various sectors.