Top Machine Learning Stocks to Watch in 2024
Are you interested in investing in the future of artificial intelligence and machine learning? If so, you’ll want to pay attention to these three machine learning stocks that have the potential to make you rich.
First up is International Business Machines (IBM), a long-time industry staple that has been developing machine learning technology for years. With their Watson Studio platform, IBM is empowering developers to create their own AIs through machine learning training, creating a symbiotic relationship that could lead to increased revenues and profits.
Next, we have Microsoft (MSFT), a dominant force in the software and cloud computing markets. With their Azure Machine Learning platform, Microsoft is providing scalable data analysis and AI training environments for customers of all sizes, leveraging their vast data resources to improve their own products and services.
Last but not least is Alphabet (GOOG, GOOGL), the parent company of Google. While Alphabet doesn’t directly earn revenue from TensorFlow, an open-source software used by many developers to build machine learning applications, they do own the architecture on which these applications are built. With a projected $340.61 billion in revenue for 2024, Alphabet is definitely a strong contender in the world of machine learning stocks.
So, if you’re looking to invest in the future of AI and machine learning, these three stocks are definitely worth keeping an eye on. Who knows, they could just make you rich in the process.