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- 1 AI is not just booming in the tech sector, it is also giving huge opportunities to make profits to investors.
- 2 While making the technology more viable, some AI projects have emerged as promising investment instruments.
AI is not just an advanced technology anymore. It’s transformed into a revolution and become more powerful day by day. It is empowering businesses and individuals to accomplish threats in lives and jobs. When technology becomes a viable solution, it gains a monetary value too. Artificial intelligence has become a massive opportunity for investors as well.
AI-based projects have emerged as a valuable investment. They have a massive potential to revamp industries and the markets have realized that. As per the estimates, the AI industry could balloon into a $1.81 Trillion market very soon. Thus, AI-based projects have become a coveted object. Investors across the globe are looking for the most promising projects using this technology. They want to make the most of this emerging technology that is radically changing how one deals with their work.
Best AI Stocks That Could Generate Wealth for Investors
Here are some projects that could become a money-spinner for every investor. With innovation and an intuitive approach, these ventures open many opportunities for investors.
C3.AI (AI)
C3.AI focuses on making AI solutions for finance, defense, intelligence, petrochemicals, utilities, government, finance, and manufacturing. The project aims to create turnkey solutions that would help entities to resolve real-time problems quickly. Shortly after its launch, it gained traction in the markets. Its stock was overpurchased and it grabbed the attention of some finance giants too. The company has some very strong estimates about its profits this year. For the third quarter, it’s anticipating something between $72.1 Million to $72.4 Million.
SoundHound AI (SOUN)
SoundHound AI focuses on developing conversational AI frameworks. Its motto is to make technology friendlier with humans. Also, it is closely working with the auto industry helping manufacturers integrate voice assistants into the vehicles. The company has already touched the milestone of $635 Million in valuation. Going by trends, experts say that our future will be quite dependent on generative AI. Thus, SoundHound shows hopeful growth for investors. Its CEO, Keyvan Mohajer, says that the company consistently works towards the enhancement of technology. This way, it’ll always remain prolific for its clients and, resultantly, its investors.
ROBO Global Artificial Intelligence ETF (THNQ)
It is an ETF that invests in companies leading the AI revolution in all sectors. Reportedly, these companies are dabbling with e-commerce, healthcare, infrastructure, and many other industries. Therefore, its chances of generating good returns are fairly high. It should be noted that it has gained a rise of 23% since the beginning of this year. With so many promising prospects, this ETF has become a go-to choice for investors who’re seeking a safer option. It’s giving them a better sense of future security.
Conclusion
Artificial Intelligence is giving a chance to every investor to cash in on the revolution. By investing in some promising projects, investors may even make unexpected gains. The world still remembers those who made early investments in Bitcoin and became a millionaire after a few years. Many are expecting that the same thing would happen with AI too. While one cannot be sure about that, people can indeed be hopeful.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
