By: Jasmine ANAND
15 aUGUST 2023
Artificial Intelligence (AI) has emerged as the hottest trend in technology, capturing imaginations with its potential to revolutionise industries. Here are the top 5 AI stocks to watch out this year.
Google's parent company, Alphabet, unveiled Bard, an AI chatbot similar to ChatGPT. Also, the company Alphabet offers AI tools and infrastructure via Google's cloud computing unit, positioning it as a key player in AI-driven innovation.
Nvidia's high-performance microchips power AI software and services. Its collaboration with Oracle allows Nvidia to integrate its AI platform into Oracle Cloud Infrastructure, aiming to democratise AI capabilities for enterprises and foster innovation.
Through its Watson products, IBM delivers AI and ML services that empower better decisions. has strategically acquired AI-focused companies, expanding its expertise.
Adobe's suite of software tools, including Creative Cloud, empowers content creation and marketing. It must be noted that Firefly, Adobe’s family of creative generative AI models, now brings even more precision, power, speed and ease directly into workflows where content is created or modified.
China's tech giant, Baidu, operates the largest search engine in the country. Its ERNIE bot, powered by an in-house-developed language model, marks its entry into AI chatbots. Baidu's cloud computing unit further supports its AI initiatives.
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