An AI survey by PwC In 2021, 33% of firms have begun to integrate AI use cases. Fully AI-enabled business processes are used by 25% of studied companies, increasing 18% year over year. Over time, the AI business has the potential to create significant revenue growth. To succeed in the fast growing field of artificial intelligence, many digital businesses are developing their own AI products and services. Snorkel AI just received $85 million in Series C funding, valuing the company at $1 billion. Some of the noteworthy artificial intelligence stocks getting attention are Facebook, Microsoft, Nvidia, and Tesla. Facebook started its new AI effort, “Learning from Videos” in March 2021, with the goal of improving the company’s basic algorithms. Facebook, Inc.’s stock has risen 18% in the last three months.
Here is Insider Monkey’s list of the 12 best artificial intelligence stocks to invest in right now. In the business and government sectors, Palantir Technologies, Inc. has over 149 customers. In the first quarter of this year, the company’s revenue increased by 49 percent year over year to $341.23 million. In the last three months, the stock has risen by 24%. International Business Machines is ranked eleventh. IBM Watson, the AI for business platform of the New York-based multinational technology giant, was launched in 2010. IBM’s stock has increased by 11% in the last year. DocuSign, Inc. is ranked tenth. The company offers a platform for e-signature technology and agreement management for its customers. DOCU’s stock has increased by 52 percent in the last year. Tesla, Inc. uses artificial intelligence to drive its battery-powered automobiles, notably with its Autopilot system and Full Self-Driving Beta technology. The company’s market capitalization is $680 billion. Tesla’s stock has increased by 151 percent in the last year. Nvidia Corporation is ranked eighth. The international technology corporation with headquarters in California is one of the world’s leading AI computer companies. NVDA’s stock has increased by 81 percent in the last year. For more details, click 12 Best Artificial Intelligence Stocks to Invest In Right Now.
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