Top 10+ AI Companies To Invest
Artificial Intelligence (AI) is steadily transforming industries and becoming famous worldwide. It is giving various growth opportunities for every business. Thus, most of the companies are planning to invest in AI in 2020.
The AI competition across the industries is growing. Businesses are increasingly focusing on buying AI stocks to remain competitive. But, AI stocks are very rare to buy than we think.
Instead of looking for AI service providers to automate the business functions, the technology leading companies are eying at AI stocks to buy. But, if you have such plans of buying AI stocks, you need to invest in the best Artificial intelligence stocks, among a pool of AI stocks. Otherwise, your investment will pour on garbage.
Herein, we look at top ten AI stocks that you can happily buy in 2020.
#1 Nvidia Corporation (NVDA)
Nvidia Corporation’s Graphics Processing Unit (GPI) technology enables AI in gaming, autonomous vehicles, the cloud, and other areas. Since they observed declined sales in the first two-quarters of FY19, but steadily NVDA enlarged its sales.
In addition, the experts are estimating that Nvidia will be stable financially in the next three to five years. Thus, it is one of the best AI Company in where you can put investment in their AI stocks.
#2 Microsoft Corporation (MSFT)
To give tough competition to Amazon, Google, and IBM like could-centric groups, Microsoft has come up with AI innovations. The organization has introduced the best AI tools. From automation to autonomous systems, the company is building turnkey AI solutions. These intelligent solutions help to make the process easier for every enterprise in building self-ruling systems.
#3 Alphabet Corporation
Alphabet is greatly investing in AI. Google uses Artificial intelligence and deep learning technologies to automate all of its business tasks. With a focus on increasing productivity, improving results, and customizing products/services, the company is using emerging AI technology.
In addition, Its AI-powered software products such as personal assistant, image recognition systems, and speech-recognition products have captured brand in the market.
Currently, the company has a market value of nearly $1 trillion. It is further in plans to improve its AI services. Its expertise in AI, vast resource base, and expected business growth made it the best AI Company in the market. Thus, investors happily invest in the company’s AI stocks in 2020.
#4 Salesforce Successful CRM Platform
Salesforce has developed a Customer Relationship Management (CRM) software. This software allows companies to create new business opportunities in sales.
With a strategy of acquiring many AI startups, Salesforce is improving its Software-as-a-Service (SaaS) offerings. Recently, it acquired Bonobo AI. Bonobo AI using analytics is engaged in automating customer phone calls, text conversation to provide valuable insights to data.
Salesforce CRM software is highly deploying by various industries. Just have a look at the significant of a CRM solution:
- It stores and keeps track of the potential customer’s data
- Wisely captures customer emails
- Insights into customer data
- Lead retention
- Reduces manual efforts
- Increased lead conversion rate
- Predicts future growth
- Optimize lead conversion rate
- Customer satisfaction and personalization
- Marketing ROI will be improves
- Finally, ensures increased sales revenues
Therefore, these increasable benefits of CRM tool have made Salesforce as the best AI Company that you can buy their Artificial Intelligence stocks.
#5 Amazon Inc.
Amazon is one of the best companies that invest more in AI. Like Google, Amazon also returns exact search results to the users. It is a significant strategy of Amazon to efficiently manage its clients.
The company is using AI to predict product demand in the market. In addition, it uses artificial intelligence to enhance the performance of its virtual assistant, Alexa.
On the other hand, Amazon Web Services (AWS), a secure cloud service provider, is engaged in offering machine learning services. It is also one of the major pillars for Amazon to improve the brand in the market.
Hence, these made Amazon as the most sought-after AI Company where you can invest happily with more trust.
#6 Intel Corporation
Current investors of Intel are enjoying the rapid growth of diversified technology leader, Intel. Increased sales of its technology product/services, the company is generating over $14 billion of free cash flows every year. The company re-invest these cash flows to boost R&D, to acquire more tech companies, and to hire skilled talent to scale the operations.
In addition to software, Intel also develops hardware components. The giant Microsoft uses Intel’s integrated circuits like FPGA (Field Programmable Gate Arrays) to execute deep learning methods that operate on its cloud.
In addition, the company’s vision processing units help to perform facial recognition and analyze their behavior. Further, through Mobileye, an Intel Company, the company helps vehicles to prevent collisions. These key operations of Intel have attracted the stock market in 2019, and are expected to continue in 2020 as well.
Facebook is a well-known social media platform. Self-learning algorithms that perform behind the screens of Facebook’s news feed are major pillars to build the success stones of this technology giant. The company is also using artificial intelligence to verify fake reviews.
With approximately 2.7 billion active users per month, Facebook has a wide opportunity to feed vast datasets to certain Machine Learning (ML) algorithms. Hence, the company is expanding its innovation in technology using AI and ML. So, buying the AI stock of Facebook is beneficial to the investors.
Tencent is a multinational social company based in China. It is included in the list of the best Artificial Intelligence stocks to buy in 2020. It is developed WeChat software, a multi-purpose messaging, social media, and mobile payment app. This innovative app is playing a vital role in generating more revenues for the company.
Just imagine, advancements of existing AI and ML methods in this kind of innovative apps will give more and more benefits to the company. However, the company has hired artificial intelligence experts to aid its technology innovations using AI.
Investing in Twilio stocks is a good decision, as it listed in top AI companies log in 2019. Twilio is a cloud communications platform as a service company. Twilio-powered apps perform various tasks ranged from converting text to speech, understanding Natural Language, and many more. It is highly focusing on building the future of best communications.
Thus, the Twilio platform is primarily developed for enterprises that are involved in providing the best customer experience. According to the current market value, the company is listed as the best AI Company in the future.
#10 Baidu Inc.
Baidu Inc. is the Chinese largest company that offers Artificial Intelligence and internet-related products and services. It technology stood a step forward in facial recognition competition against Alibaba Group Holding (BABA), and Huawei others. The company’s involvement in rapid developments of AI, it is claimed as the best AI stock to buy in 2020.