As artificial intelligence (AI) and machine learning become more mainstream, more companies are developing ways to take advantage of these powerful new technologies. In particular, generative AI is quickly becoming a popular tool in the tech industry. Generative AI, also known as generative machine learning, refers to the use of AI algorithms to create new data, models, and processes without relying on human input. By leveraging generative AI, companies can quickly create new products and services with minimal effort, resulting in faster innovation and greater profitability.
In light of this growing demand for generative AI solutions, we wanted to take a look at some of the top-performing AI stocks to watch in the near future. Drawing from the latest news and analysis, we’ve compiled a list of 12 generative AI stocks to consider.
At the top of our list is ChatGPT Inc. (LGPT:US), a leading provider of conversational AI and generative AI solutions. Started in 2017, the company’s mission is to provide businesses with a complete AI-based conversational platform that empowers them to quickly create engaging conversations with customers, partners, and employees. Over the last three years, the company has seen tremendous growth, and its share price has soared by nearly 2,000%.
Following closely behind is PYMNTS.com (PYMNT:US), a provider of advanced data analysis solutions for companies in the payment sector. PYMNTS.com makes use of generative AI to develop actionable insights for clients, allowing them to make informed decisions and stay ahead of the competition. Over the past three years, the company’s share price has climbed by over 900%.
Additionally, you may want to consider Aiden (AIDN:US), a leading AI data platform that helps companies leverage powerful AI-based insights to optimize their product and services. Aiden’s platform uses generative AI algorithms to quickly build detailed customer profiles and automated decision models. The company’s share price has risen by more than 500% in the past two years.
Rounding out our list of generative AI stocks are companies like Celera AI (CLAI:US), an AI-based data analytics platform, and Cloudbrain Technologies (CLBT:US), an AI-based platform for predictive analytics. For investors looking to get a foothold in the rapidly growing AI sector, these stocks are worth keeping an eye on.
Generative AI is quickly becoming an integral part of the modern tech industry, and there’s no better way to capitalize on this trend than by investing in high performing AI stocks. With our comprehensive list of 12 generative AI stocks to watch, you can make educated decisions and put your money into some of the most promising companies in the space.