Artificial Intelligence

Top 5 Artificial Intelligence Stocks to Buy in 2023

Arti

Here are the top 5 Artificial Intelligence stocks that are at the forefront of a burgeoning industry

Artificial intelligence is developing at an astonishing pace and as it keeps revealing new promises for the future, AI is also becoming an interesting investment scheme. The market for artificial intelligence services extended essentially in current years as companies scramble to automate repetitive tasks, crunch large amounts of information to create intelligent decisions, and power up a new generation of autonomous devices and vehicles. The artificial intelligence shares of these AI game-changers have become strategic pillars to implement tech across all industries. The stocks of these companies are also some of the best AI stocks to buy for profit-seeking Indian investors. In this article, we enlist the top artificial intelligence stocks to buy in 2023.

Cloudera

Current Price: US$15.99

Cloudera, a hybrid cloud data company, supplies a cloud platform for analytics and machine learning built by people from leading companies like Google, Yahoo!, Facebook and Oracle. The technology gives companies a comprehensive view of their data in one place, providing clearer insights and better protection. Cloudera's data services are modular practitioner-focused analytic capabilities, providing a consistent experience in any cloud. It is among the top artificial intelligence stocks to buy in 2023.

Salesforce

Current Price: US$147.44

Salesforce develops artificial intelligence for customer relationship management (CRM). This is delivered as an embedded layer of intelligence within the Salesforce platform, powered by its Einstein AI engine. Founded in 1999, the company has become almost synonymous with CRM and leverages AI for nearly every task. It launched Salesforce Einstein in 2016 as "artificial intelligence for everyone" and continues to build the technology while keeping in mind ethical considerations. Salesforce is listed among the top artificial intelligence stocks to buy in 2023.

SenseTime

Current Price: US$2.210

SenseTime builds AI technologies for business operations, smart cities, smart homes, and smart cars. The company was founded by Tang Xiao and Xu Li in 2014, who were both researchers at that time. They developed multiple white papers outlining the future possibilities of AI technology and eventually partnered with Qualcomm in 2017. The company is one of the founding members of the Global Artificial Intelligence Academic Alliance (GAIAA).

Tata Elxsi

Current Price: US$76.03

Tata Alexi is a part of the Tata Group and executes in the midcap range in the Artificial Intelligence stock market. Tata Alexi is one of the leading providers of design and automation services across multiple industries. These involve automotive, transmission, communication, healthcare, and transportation. The company has discovered success in multiple sectors including self-driving cars, video analytics solutions, etc.

International Business Machines Corp. (IBM)

Current Price: US$144.80

IBM has long-term worth of research and development of Artificial Intelligence applications, most remarkably its AI supercomputer Watson, which is directly a major competitor along with other AI companies such as Google, Microsoft, and Amazon. It is among the top artificial intelligence stocks to buy in 2023.

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