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The AI stocks that offer smart investors opportunity

Nvidia, Microsoft, Salesforce, Adobe and Canva are seen as businesses that can harness AI to improve products and grow profits.

Tom Richardson

A wave of new products and services powered by artificial intelligence will offer companies and investors massive opportunities to profit as the technology reshapes healthcare, finance, retail and manufacturing businesses.

The next-generation technology’s potential captured the public’s imagination after ChatGPT’s success in late 2022 and broadly encompasses developments in machine learning, computer vision, data-driven insights, and automation of services.

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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/the-ai-stocks-that-offer-smart-investors-opportunity-20230413-p5d0b0