TOP 5 Artificial Intelligence Stocks to Buy in 2022 | LAST CHANCE! - YouTube

Channel: Artificial Intelligence News Daily

[0]
The rise of artificial intelligence, automation, and robots is disrupting almost every major
[5]
industry and business that we know.
[8]
So it makes a lot of sense for you to be investing in artificial intelligence stocks because
[13]
these will end up being some excellent long-term investments.
[16]
But you might be confused about where to put your money which is exactly why I would be
[21]
discussing some of the best artificial intelligence stocks that you can buy in 2022.
[27]
My name is Alex and welcome to AI News Daily.
[30]
Don't forget to subscribe and turn on the notifications because I don't want you to
[34]
miss out on any of the artificial intelligence related content that I make for you guys.
[40]
With all that done, let's get started.
[42]
Now you might be thinking that there are so many artificial intelligence stocks that you
[46]
can choose from, but the truth is they are a lot rarer than you might think.
[51]
Yes, I know that many companies talk about artificial intelligence initiatives and machine
[56]
learning, but the truth is there are very few public pure artificial intelligence stocks.
[62]
So the best way you could invest in Artificial intelligence stocks would be by investing
[66]
in companies that deal with artificial intelligence technology to improve products or gain a strategic
[72]
edge.
[73]
But how exactly is artificial intelligence?
[74]
Well, artificial intelligence or AI is created through machine learning, which involves training
[75]
a model with huge amounts of data.
[76]
This system then makes inferences about new data that the model has never seen, which
[77]
is crazy.
[78]
The best example I could give you about artificial intelligence would be a system designed to
[79]
detect objects in images.
[80]
Images with those objects are provided to the system, which then learns how to detect
[81]
those objects in other images.
[82]
The more objects in images it detects, the more accurate the detection system will be.
[83]
So which companies should you be investing in if you're looking forward to buying artificial
[84]
intelligence stocks, that too in 2022?
[85]
Well, let's talk about that then
[86]
5.
[87]
NVIDIA You might know NVIDIA as a leading graphics
[88]
chip manufacturing company.
[89]
The company took huge advantage of the current trend with artificial intelligence because
[90]
NVIDIA graphic cards are becoming the de facto standard in data centers worldwide.
[91]
You also need to keep in mind that the machine learning training phase requires a lot of
[92]
computing power, and this happens to be a phase that follows the inference phase, which
[93]
requires less.
[94]
So the graphic processing units or GPUs' that are primarily used for rendering video games
[95]
can be used to support both of these phases of machine learning.
[96]
NVIDIA Data Center business also represents a good percentage of the company's total revenue.
[97]
But again, this segment is not an AI-related segment.
[98]
NVIDIA graphic cards are used to accelerate a wide variety of data center applications.
[99]
Still Artificial intelligence is one of the driving forces behind the company's growth.
[102]
More than data centers or gaming, you should also know that self-driving cars are a trend,
[108]
and NVIDIA develops platforms including hardware and software that supports driver assistance
[113]
features, as well as fully autonomous driving in the near future.
[116]
Nvidia graphic cards could be used by more specialized processors designed for artificial
[117]
intelligence, and with self-driving cars being a lot more promising, the use of NVIDIA graphic
[118]
cards is going to be a lot more so if you are looking to buy artificial intelligence
[120]
stock, NVIDIA is something that you need to keep in mind, and you will thank yourself
[124]
later.
[126]
4.
[127]
IBM.
[128]
For a lot of people, IBM would be best known as a computer company across the world, and
[133]
it did begin as a computing, tabulating, and recording company way back in the late 1800s.
[139]
Today, IBM is the world leader in providing computer systems for both businesses and scientific
[145]
applications.
[146]
Today, IBM ranks among the world's largest information technology companies, which provides
[147]
a wide spectrum of hardware, software, and service offerings.
[148]
But what has the company done with artificial intelligence?
[149]
Well, for so many years, IBM had been developing ways to adapt its AI supercomputer, known
[150]
as Watson, to revolutionize healthcare, finance, law, and Academia.
[156]
But some of their programs did not live up to the expectations, but Watson very recently
[161]
performed better than AI services from Amazon, Microsoft, and Google in a test by the Allen
[167]
Institute for artificial intelligence.
[168]
IBM is positioned to gain information technology services market share over time thanks to
[169]
its cloud and AI offerings.
[170]
So undoubtedly, IBM's strategy with artificial intelligence is to apply technology in ways
[171]
that will help humans increase their efficiency or even lower the cost.
[172]
In the healthcare industry, IBM's artificial intelligence technology will be used to create
[174]
individualized care plans, which will then accelerate the process of bringing new drugs
[179]
to the market, which will, in turn, improve the quality of health care.
[184]
When it comes to the financial services industry, IBM is looking forward to using artificial
[188]
intelligence to help clients with the huge task of financial regulatory compliance.
[194]
So yes, you could say that IBM is somewhat a complicated company that is undergoing so
[199]
much transformation, and right now, artificial intelligence is looking very promising for
[205]
IBM, which is why you need to invest in IBM today.
[209]
3.
[210]
Amazon.
[211]
Yes, you might know Amazon as the e-commerce behemoth.
[215]
But you also need to keep in mind that no other company is using artificial intelligence
[219]
as much as Amazon, and Jeff Bezos himself is into artificial intelligence and machine
[225]
learning.
[226]
Yes, Amazon might have started as an online retailer, but technology is always something
[231]
the company focuses on.
[233]
Amazon uses artificial intelligence for everything, starting with their own virtual assistant
[238]
Alexa, which happens to be industry-leading voice-activated technology, to Amazon's cashier-less
[242]
grocery stores by the name Amazon go.
[243]
Then you have Amazon Web Services, which happens to be a cloud infrastructure tool that deploys
[244]
high-quality machine learning models for data scientists and developers.
[245]
Even Amazon's e-commerce business is completely built using artificial intelligence systems,
[246]
which will help recommend users the kind of products they need to order.
[247]
Artificial intelligence is also what Amazon uses to determine product rankings.
[248]
So yes, it's very difficult to underestimate the impact of artificial intelligence on Amazon's
[253]
business model, and this one also happens to be the company's key competitive advantage
[258]
which is the reason why Amazon made it to my list of best artificial intelligence stocks
[262]
that you need to buy in 2022.
[265]
2.
[267]
Micron technology.
[269]
Almost every electronic device today requires some storage, and Micron technology happens
[274]
to be a company that is an industry leader when it comes to manufacturing memory chips,
[279]
including dynamic random access memory or DRAM and NAND flash memory found in every
[285]
solid-state drive out there.
[286]
In 2021 alone, the demand for memory chips was really strong, largely boosted by the
[288]
growth of mobile networks, 5G cloud computing, and recovery in the automotive sector.
[289]
The shortage in semiconductors also helped Micron with an increase in prices for D-RAM
[290]
and NAND chips.
[291]
The demand for memory chips will only continue to grow, especially when artificial intelligence
[292]
is in the picture.
[293]
Self-driving cars are a very good example of the application of artificial intelligence
[298]
that requires memory chips because all of the sensors and cameras in a self-driving
[303]
vehicle will be producing a huge amount of data which is about 1 gigabyte per second,
[309]
according to Micron themselves.
[311]
Data centers that use artificial intelligence processes require plenty of memory, and so
[316]
do smartphones.
[317]
Most new phones will be using artificial intelligence to produce better images.
[322]
So you could say that artificial intelligence is driving the demand for memory chips in
[326]
the long run.
[328]
But again, supply and demand will dictate the prices of memory chips.
[332]
So if you or somebody wants to invest in a volatile stock, then Micron is the best option
[337]
you have today.
[339]
1.
[341]
C3.ai C3.ai might be the closest thing on the stock
[346]
market that resembles a complete artificial intelligence stock.
[350]
The companies I discussed previously are diversified tech giants whose business models are closely
[355]
tied up with artificial intelligence technology.
[358]
But that is not the case with C3.ai because artificial intelligence is something that
[363]
the company is really focusing on.
[367]
C3.AI happens to be a software as a service company whose software allows companies to
[372]
deploy large artificial intelligence applications.
[374]
The company helps its customers accelerate software development and reduce the cost and
[375]
risk at the same time.
[376]
The US Air Force uses C3.ai readiness to predict aircraft systems failures, identify spare
[377]
parts, and also find new ways to increase mission capability.
[378]
You also have a European utility company called Engie that uses C3.ai to analyze energy consumption
[382]
and also reduce energy expenditure.
[385]
So you could say that C3.ai happens to be the very first player in its class when it
[390]
comes to artificial intelligence.
[392]
The unique positioning of the company in the stock market as a company that deals with
[396]
artificial intelligence would make the company a big winner over the long term even though
[401]
artificial intelligence software as a service market is evolving and it is very competitive
[406]
with big players like Amazon or Microsoft.
[409]
Okay, now you know about some of the best AI-related stocks out there.
[414]
But why exactly should you be investing in artificial intelligence related stocks?
[418]
Well, the total spending on artificial intelligence systems is supposed to reach $97.9 billion
[424]
in 2023 alone, which is much higher than what we had in 2019, which was about $37.5 billion.
[432]
The artificial intelligence sector is predicted to grow at an annual rate of 28.4 percent,
[436]
and today the artificial intelligence market is large, and it is continuously growing as
[438]
there are so many companies that can profit from artificial intelligence.
[439]
And a final note.
[440]
This video is meant to be infotainment content and should be only viewed as such.
[444]
Any investments you make must be made at your own risk, and picking up stocks in the artificial
[449]
intelligence sector does come with a lot of uncertainty, but again, these AI stocks are
[454]
worth considering.
[456]
And that's a wrap for today's video.
[459]
Which of these artificial intelligence stocks are you planning to buy in 2022, and what
[463]
other topics do you want us to cover?
[466]
Do let me know in the comments section below because I love to hear from you all.
[470]
Also, consider subscribing to my channel and turn on post notifications so that you never
[475]
miss out on any of my future uploads.
[477]
That's about it for today.
[479]
I hope you enjoyed the video.
[480]
If you did, make sure to smash that like button, and I will meet again in the very next one.
[481]
So stay tuned.