With new advancements in computer technologies and utility, several tech stocks soared on the implications for the broader artificial intelligence trend. In particular, the ability of AI and machine learning protocols to meet users where they are – that is, to speak their (human) language – sparked intense curiosity. Essentially, we may be standing on a paradigm shift.
Just by the numbers alone, the artificial intelligence trend compels onlookers to pay close attention. According to Grand View Research, the global AI market stood at a valuation of $136.55 billion last year. Between 2023 and 2030, the segment may expand at a compound annual growth rate of 37.3%, culminating in a sector revenue of $1.81 trillion. To their credit, several companies are taking the initiative, attempting to stay atop of the artificial intelligence trend. Here are seven compelling stocks to consider.
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