.png){kind=logo}
Machine learning and artificial intelligence are at the core of the current technology revolution. Since they can potentially impact almost every major business, these technologies, like smartphones, are almost ubiquitous in nature. Deep learning and machine learning are examples of artificial intelligence that employ computers to execute activities that would typically need human intelligence. Numerous IT firms employ AI to strengthen their current operations, such as through well-known applications like robotics, self-driving cars, and virtual assistants. This scenario has pushed many top artificial intelligence companies into the mainstream. Getting big-tech AI company stocks is rarer than you might think. Many companies use AI technology initiatives and machine learning. But there really are few public, pure-play AI company stocks. The article focuses on listing the top 10 smart big-tech AI company stocks for 2023 which can give us double or triple returns.
A data analytics startup called Palantir employs AI tools to assist users in making decisions that are based on more accurate data analysis. This startup employs artificial intelligence to evaluate data and make recommendations to a range of clients. The Palantir Apollo is used to automate settings and enhance delivery systems. Palantir's software is employed in 50 different industries, earning the company recognition as a leader in the field of AI platforms.
One of the top companies in the world for AI research is Google's parent business. Given that the search engine algorithm most likely directed you to this post, it is not necessary to travel far to see the scope of Google's AI technology. Additionally, AI is utilized in every facet of Alphabet's operations, from precisely arranging your images to foretelling your trip preferences with Google Maps.
Leading graphics chip company Nvidia has taken advantage of the AI boom, with its graphics cards becoming the de facto standard in data centers around the world. Nvidia's data center business represents a steadily increasing share of the company's total revenue and looks set to top gaming in revenue in fiscal 2022. And AI is one of the driving forces behind the company's growth. It is among the top big tech AI company stocks for 2023 to go for.
This established IT firm offers integrated hardware, software, and services to big business clients. It continues to dominate some industries with its mainframe computer systems, and it frequently agrees to multi-year technological contracts that are individually worth hundreds of millions of dollars. IBM is a complex organization that is undergoing transformation, and AI is far from the only area in which it may grow. However, IBM is a wise pick if you're wanting to invest in a business that is well-positioned to gain from the AI boom.
UiPath Inc. (NYSE:PATH) is an American company that offers an automation platform that lets its customers use artificial intelligence to fasten their daily operations, automate processes, and create new automation processes. The firm is headquartered in New York, New York.
Verisk Analytics, Inc. (NASDAQ:VRSK) is a data analytics firm whose products help customers in the insurance underwriting, finance, risk analytics, and economic forecasting industries. The firm is headquartered in Jersey City, New Jersey.
Autodesk, Inc. (NASDAQ: ADSK) is basically a software company that provides design and engineering products. These let engineers, designers, and architects plan and design their products. The company is headquartered in San Rafael, California.
The "ai" in the company's name and its ticker reflects that C3.ai is among the pure-play big tech AI company stocks available on the market. While the organizations on the aforementioned list are multifaceted tech behemoths or chip manufacturers with some AI-related ventures, C3.ai is solely focused on AI. A SaaS firm called C3.ai develops software that enables businesses to use extensive AI applications. The company's products offer a wide range of uses and assist customers in accelerating software development while lowering cost and risk.
Amazon is top among the firms that use AI the most. Jeff Bezos, the company's founder and executive chairman, has been a machine learning and AI champion. Amazon began as an online store, but technology has always been the backbone of the business. Amazon uses artificial intelligence in a variety of products today, including Alexa, its market-leading voice-activated technology, Amazon Go cashier-less grocery stores, and Amazon Web Services Sagemaker, a cloud infrastructure tool that provides data scientists and developers with high-quality machine learning models.
Tesla is so committed to artificial intelligence that the business hosts an annual AI Day to recruit the industry's top talent. As the business continues to concentrate on developing AI, Tesla has been teasing a humanoid robot, autonomous vehicles, and the concept of a robot taxi service that would be a hybrid of Uber and Airbnb.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
