Tata Elxsi Vs Bosch: A Better NLP stock to Invest in!

The global NLP Market is projected to reach US$341.5 billion by 2030, growing at a CAGR of 40.9%

Natural language processing is a branch of artificial intelligence concerned with teaching computers to read and derive meaning from language. Since language is so complex, computers have to be taken through a series of steps before they can comprehend text. In this article, we will compare Tata Elxsi and Bosch to get a better pick for NLP stock.

Over the last 25 years, Tata Elxsi has been facilitating technology-based advancements. It features a wide spectrum of breakthroughs enabled by AI and analytics, from self-driving cars to video analytics solutions. Tata Elxsi's Artificial Intelligence Centre of Excellence (AI CoE) addresses the increasing demand for intelligent systems. Customers may swiftly adapt and modify the landscape using its cloud-based integrated data analytics frameworks, which feature patent-pending technologies, to get actionable insights and superior results. Its current NLP stock price is 6,769.60 INR, a 1.73% decrease from the previous close.

The Bosch Center for Artificial Intelligence (BCAI) was founded in 2017 to apply cutting-edge AI technology throughout Bosch products and services, resulting in innovative solutions. Bosch created the technological groundwork for AI to have a real-world impact. Its research produces differentiation in six areas using data from all of Bosch's disciplines, with a focus on core AI technologies. Only 1.08% of trading sessions in the last 16 years had intraday drops of more than 5%. The stock earned a negative return of -15.94% over three years, compared to 44.16% for the Nifty 100 index. Its current NLP stock price is 13,162.35 INR, a 1.74% increase from the previous close.