Why this new A.I. could be “ChatGPT for investments”
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If you’ve turned on the news lately, you’ve undoubtedly heard the world is now being swept by an Artificial Intelligence or A.I. Revolution… I’m sure you know what I’m talking about…
News stories are coming out left and right about how A.I. is going to change everything from how we learn to how we work to how we communicate to how we shop…
And the spark that launched this revolution was last December’s release of the breakthrough A.I. language processing program known as ChatGPT.
What made ChatGPT so amazing was you could ask it a complex question and it could give you an answer in a matter of seconds.
It could also perform other complex tasks involving language… for example, if you asked it to… it could write a poem in the style of Walt Whitman or describe Newton’s laws of motion.
Well, imagine if you had a similar kind of program… only for the stock market.
Imagine you could ask an A.I. program what price Google stock is going to be next month…
Or how much the price of gold is going up or down…
And what if it could predict those outcomes with astonishing accuracy?
Well, believe it or not, one of the world’s leading financial tech companies, a company called TradeSmith, launched a program recently that does exactly what I just described…
It’s an A.I.-driven market forecasting system called An-E (pronounced Annie, short for Analytical Engine).
An-E can predict the price of nearly 3,000 stocks one month into the future, and it’s often spot on or only a percentage or two off.
To get the full details behind An-E and how it can help you target winner after winner and avoid the losers, click here.
Artificial Intelligence (AI) has brought about significant transformations across multiple sectors, and there is a rapid surge in the adoption of AI technologies.
Numerous companies are making substantial investments in AI to enhance their offerings, reduce expenses, and gain a competitive edge.
In this report, we’ll provide an analysis of three highly recommended AI stocks for prospective investors.
Alphabet Inc. (GOOGL)
Alphabet, the parent company of Google, is a renowned tech giant that places considerable emphasis on AI investments. Google leverages AI across various domains such as search, advertising, and YouTube. Notably, their AI-powered virtual assistant, Google Assistant, stands as one of the most sophisticated in the market and is widely used by consumers.
Alphabet has also made significant strides in the realm of AI-driven healthcare solutions, with initiatives like DeepMind, an AI-focused research lab, and Verily, a life sciences company specializing in AI-powered medical devices. Consequently, Alphabet’s revenue from AI technologies is projected to experience substantial growth in the upcoming years.
NVIDIA Corporation (NVDA)
NVIDIA, a leading manufacturer of graphics processing units (GPUs), has made substantial investments in AI. Their GPUs find extensive application in numerous AI sectors, including autonomous vehicles, gaming, and data centers. Furthermore, developers and researchers widely employ NVIDIA’s AI-powered platforms such as CUDA and TensorRT.
The company has experienced rapid revenue growth from AI-related products and services, benefiting from the increasing adoption of AI across diverse industries. NVIDIA’s recent acquisition of Arm Holdings, a prominent semiconductor technology provider, is expected to further fortify their position in the AI market.
Microsoft Corporation (MSFT)
Microsoft, a prominent software company, has made significant strides in AI research and development. Their AI-powered digital assistant, Cortana, enjoys widespread consumer usage, while the AI-driven chatbot, Xiaoice, has gained substantial popularity in China. Microsoft has also invested in AI-powered healthcare solutions, such as the Microsoft Healthcare Bot and the Microsoft Genomics service.
Related: $3 “AI Wonder Stock” (The NEXT Microsoft?)
Anticipated substantial growth in Microsoft’s revenue from AI technologies, coupled with their strong market position, positions them favorably to capitalize on the escalating adoption of AI across various industries. Microsoft’s cloud computing platform, Azure, offers a diverse range of AI-powered services, including machine learning and cognitive services.
Conclusion:
In conclusion, investing in AI stocks presents a promising opportunity for long-term growth. Alphabet, NVIDIA, and Microsoft stand out as three exceptional AI stocks to consider due to their robust growth potential and established market positions. However, it is imperative for investors to conduct thorough research before making any investment decisions.
