1. Alphabet Inc. (Google)
As the parent company to Google, Alphabet Inc. is one of the biggest drivers and influencers in the field of artificial intelligence. Their massive investments in AI technologies include initiatives such as Google Brain, with a focus on deep learning and neural networks. The company’s advertising algorithms and search engine are powered by AI, plus its autonomous vehicle unit, Waymo, positions the company as a force to reckon with in the AI industry.
2. IBM
IBM is renowned for its large-scale implementation of AI, most notably with Watson, its AI-powered platform. Watson has transformed various industries from healthcare, education, to finance, through intelligent data analysis. In 2024, IBM also launched an AI-backed platform called Project Debater, which synthesizes information and arguments from massive data sets. This is an indicator of IBM’s potential to dominate the AI stocks market.
3. Microsoft
Microsoft is a well-established player in the AI industry and rightfully so. With its AI venture, Azure AI, the company has extended its AI capabilities across a vast selection of industries. Another remarkable move is the acquisition of AI start-ups to fortify its AI arsenal, for example, Maluuba, a company that specializes in deep learning.
4. Facebook
Meta Platforms Inc., famously known as Facebook, has utilized AI to a great extent for its various platforms, including Instagram, WhatsApp, and the core Facebook app. With their AI research initiative, FAIR (Facebook Artificial Intelligence Research), the company is constantly pursuing advancements in the field of AI, pushing the boundaries of innovation in machine learning and AI technologies.
5. Apple
Apple’s Siri is one of the most widespread uses of AI across the globe. The digital assistant uses voice queries, gesture-based control, focus-tracking, and a natural language user interface to answer questions, make recommendations, and even perform actions by delegating to a set of Internet services. Also, Apple’s acquisition of multiple AI startups showcases its ambition and potential to be a big player in the AI stocks market.
6. Amazon
Amazon has made significant strides in delivering intelligent solutions such as Alexa, its voice-activated device. Besides, Amazon Web Services (AWS) uses AI to provide businesses with timely and data-driven insights. Its extensive use of AI for personalized product recommendations, along with Amazon Go Stores utilizing AI to eliminate the need for checkout, promises a bright future for Amazon in the AI sector.
7. Tesla
Tesla, under the helm of Elon
