The rise of artificial intelligence, automation, and robots is disrupting almost every major
industry and business that we know.
So it makes a lot of sense for you to be investing in artificial intelligence stocks because
these will end up being some excellent long-term investments.
But you might be confused about where to put your money which is exactly why I would be
discussing some of the best artificial intelligence stocks that you can buy in 2022.
My name is Alex and welcome to AI News Daily.
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With all that done, let's get started.
Now you might be thinking that there are so many artificial intelligence stocks that you
can choose from, but the truth is they are a lot rarer than you might think.
Yes, I know that many companies talk about artificial intelligence initiatives and machine
learning, but the truth is there are very few public pure artificial intelligence stocks.
So the best way you could invest in Artificial intelligence stocks would be by investing
in companies that deal with artificial intelligence technology to improve products or gain a strategic
edge.
But how exactly is artificial intelligence?
Well, artificial intelligence or AI is created through machine learning, which involves training
a model with huge amounts of data.
This system then makes inferences about new data that the model has never seen, which
is crazy.
The best example I could give you about artificial intelligence would be a system designed to
detect objects in images.
Images with those objects are provided to the system, which then learns how to detect
those objects in other images.
The more objects in images it detects, the more accurate the detection system will be.
So which companies should you be investing in if you're looking forward to buying artificial
intelligence stocks, that too in 2022?
Well, let's talk about that then
5.
NVIDIA You might know NVIDIA as a leading graphics
chip manufacturing company.
The company took huge advantage of the current trend with artificial intelligence because
NVIDIA graphic cards are becoming the de facto standard in data centers worldwide.
You also need to keep in mind that the machine learning training phase requires a lot of
computing power, and this happens to be a phase that follows the inference phase, which
requires less.
So the graphic processing units or GPUs' that are primarily used for rendering video games
can be used to support both of these phases of machine learning.
NVIDIA Data Center business also represents a good percentage of the company's total revenue.
But again, this segment is not an AI-related segment.
NVIDIA graphic cards are used to accelerate a wide variety of data center applications.
Still Artificial intelligence is one of the driving forces behind the company's growth.
More than data centers or gaming, you should also know that self-driving cars are a trend,
and NVIDIA develops platforms including hardware and software that supports driver assistance
features, as well as fully autonomous driving in the near future.
Nvidia graphic cards could be used by more specialized processors designed for artificial
intelligence, and with self-driving cars being a lot more promising, the use of NVIDIA graphic
cards is going to be a lot more so if you are looking to buy artificial intelligence
stock, NVIDIA is something that you need to keep in mind, and you will thank yourself
later.
4.
IBM.
For a lot of people, IBM would be best known as a computer company across the world, and
it did begin as a computing, tabulating, and recording company way back in the late 1800s.
Today, IBM is the world leader in providing computer systems for both businesses and scientific
applications.
Today, IBM ranks among the world's largest information technology companies, which provides
a wide spectrum of hardware, software, and service offerings.
But what has the company done with artificial intelligence?
Well, for so many years, IBM had been developing ways to adapt its AI supercomputer, known
as Watson, to revolutionize healthcare, finance, law, and Academia.
But some of their programs did not live up to the expectations, but Watson very recently
performed better than AI services from Amazon, Microsoft, and Google in a test by the Allen
Institute for artificial intelligence.
IBM is positioned to gain information technology services market share over time thanks to
its cloud and AI offerings.
So undoubtedly, IBM's strategy with artificial intelligence is to apply technology in ways
that will help humans increase their efficiency or even lower the cost.
In the healthcare industry, IBM's artificial intelligence technology will be used to create
individualized care plans, which will then accelerate the process of bringing new drugs
to the market, which will, in turn, improve the quality of health care.
When it comes to the financial services industry, IBM is looking forward to using artificial
intelligence to help clients with the huge task of financial regulatory compliance.
So yes, you could say that IBM is somewhat a complicated company that is undergoing so
much transformation, and right now, artificial intelligence is looking very promising for
IBM, which is why you need to invest in IBM today.
3.
Amazon.
Yes, you might know Amazon as the e-commerce behemoth.
But you also need to keep in mind that no other company is using artificial intelligence
as much as Amazon, and Jeff Bezos himself is into artificial intelligence and machine
learning.
Yes, Amazon might have started as an online retailer, but technology is always something
the company focuses on.
Amazon uses artificial intelligence for everything, starting with their own virtual assistant
Alexa, which happens to be industry-leading voice-activated technology, to Amazon's cashier-less
grocery stores by the name Amazon go.
Then you have Amazon Web Services, which happens to be a cloud infrastructure tool that deploys
high-quality machine learning models for data scientists and developers.
Even Amazon's e-commerce business is completely built using artificial intelligence systems,
which will help recommend users the kind of products they need to order.
Artificial intelligence is also what Amazon uses to determine product rankings.
So yes, it's very difficult to underestimate the impact of artificial intelligence on Amazon's
business model, and this one also happens to be the company's key competitive advantage
which is the reason why Amazon made it to my list of best artificial intelligence stocks
that you need to buy in 2022.
2.
Micron technology.
Almost every electronic device today requires some storage, and Micron technology happens
to be a company that is an industry leader when it comes to manufacturing memory chips,
including dynamic random access memory or DRAM and NAND flash memory found in every
solid-state drive out there.
In 2021 alone, the demand for memory chips was really strong, largely boosted by the
growth of mobile networks, 5G cloud computing, and recovery in the automotive sector.
The shortage in semiconductors also helped Micron with an increase in prices for D-RAM
and NAND chips.
The demand for memory chips will only continue to grow, especially when artificial intelligence
is in the picture.
Self-driving cars are a very good example of the application of artificial intelligence
that requires memory chips because all of the sensors and cameras in a self-driving
vehicle will be producing a huge amount of data which is about 1 gigabyte per second,
according to Micron themselves.
Data centers that use artificial intelligence processes require plenty of memory, and so
do smartphones.
Most new phones will be using artificial intelligence to produce better images.
So you could say that artificial intelligence is driving the demand for memory chips in
the long run.
But again, supply and demand will dictate the prices of memory chips.
So if you or somebody wants to invest in a volatile stock, then Micron is the best option
you have today.
1.
C3.ai C3.ai might be the closest thing on the stock
market that resembles a complete artificial intelligence stock.
The companies I discussed previously are diversified tech giants whose business models are closely
tied up with artificial intelligence technology.
But that is not the case with C3.ai because artificial intelligence is something that
the company is really focusing on.
C3.AI happens to be a software as a service company whose software allows companies to
deploy large artificial intelligence applications.
The company helps its customers accelerate software development and reduce the cost and
risk at the same time.
The US Air Force uses C3.ai readiness to predict aircraft systems failures, identify spare
parts, and also find new ways to increase mission capability.
You also have a European utility company called Engie that uses C3.ai to analyze energy consumption
and also reduce energy expenditure.
So you could say that C3.ai happens to be the very first player in its class when it
comes to artificial intelligence.
The unique positioning of the company in the stock market as a company that deals with
artificial intelligence would make the company a big winner over the long term even though
artificial intelligence software as a service market is evolving and it is very competitive
with big players like Amazon or Microsoft.
Okay, now you know about some of the best AI-related stocks out there.
But why exactly should you be investing in artificial intelligence related stocks?
Well, the total spending on artificial intelligence systems is supposed to reach $97.9 billion
in 2023 alone, which is much higher than what we had in 2019, which was about $37.5 billion.
The artificial intelligence sector is predicted to grow at an annual rate of 28.4 percent,
and today the artificial intelligence market is large, and it is continuously growing as
there are so many companies that can profit from artificial intelligence.
And a final note.
This video is meant to be infotainment content and should be only viewed as such.
Any investments you make must be made at your own risk, and picking up stocks in the artificial
intelligence sector does come with a lot of uncertainty, but again, these AI stocks are
worth considering.
And that's a wrap for today's video.
Which of these artificial intelligence stocks are you planning to buy in 2022, and what
other topics do you want us to cover?
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