Top 5 Artificial Intelligence Companies to Invest in 2021 for Maximum Returns
Artificial Intelligence (AI) is rapidly changing the world we live in by transforming businesses, industries, and even societies. AI is predicted to be one of the most significant technological revolutions in the 21st century. As a result, many investors are keen to invest in AI companies to reap maximum returns. In this article, we will discuss the top 5 AI companies to invest in 2021.
Introduction
The AI industry is gaining attention from investors worldwide, and it is evident from the level of investments it has attracted in recent years. In 2020 alone, global AI investments reached $40.4 billion, and the market is projected to grow by 40% between 2020 and 2025. As the AI industry continues to grow, it is crucial to identify the top AI companies to invest in 2021 to not miss out on the opportunities for maximum returns.
1. NVIDIA Corporation
NVIDIA Corporation is one of the top AI companies that investors have been keeping an eye on. NVIDIA offers high-performance computing technologies and is used in industries such as gaming, cloud computing, and AI. NVIDIA Corporation’s AI chip, the GPU, has revolutionized AI research by enabling machines to learn as humans do.
In 2020, NVIDIA’s share price rose to approximately 130%, outpacing the broader market by a significant margin. The company’s revenue from data center sales grew by 162%, and its gaming sales increased by over 37%. As AI technology becomes more prevalent, NVIDIA’s position in the market is likely to keep growing.
2. IBM Corporation
IBM Corporation is another top AI company that investors should consider investing in. The company is an early adopter of AI and has invested heavily in the development of AI technologies. IBM’s AI platform, Watson, is one of the most powerful AI platforms in the market and is used in healthcare, finance, retail, and other industries.
IBM’s share price increased by approximately 10% in 2020, showing that the company is still making a significant profit despite the pandemic’s impact. With the AI industry’s growth, IBM is well-positioned to provide investors maximum returns in 2021.
3. Alphabet Inc.
Alphabet Inc. is the parent company of Google and a significant player in the AI industry. The company has invested heavily in AI-related research and development and has developed AI-based products and services, such as Google Assistant and Google Translate.
In 2020, Alphabet’s share price increased by approximately 36%, driven by the growth in the revenues of its Google Cloud and YouTube segments. With the increasing demand for AI-based products and services, Alphabet’s position in the market is expected to grow, making it an excellent investment opportunity for investors seeking maximum returns in 2021.
4. Microsoft Corporation
Microsoft Corporation is a well-known technology company that has been around for decades. The company has made significant investments in AI research and development and has developed various AI-based products and services, such as Cortana and Skype Translator.
In 2020, Microsoft’s revenue from its Azure cloud business, which includes AI services, increased by 50%. Furthermore, the company’s share price increased by over 30%, indicating that it is still a sound investment opportunity. With the AI market’s projected growth, Microsoft is well-positioned to provide maximum returns to investors who invest in it in 2021.
5. Salesforce.com, Inc.
Salesforce.com, Inc. is a cloud-based software company that offers customer relationship management services. The company has made significant investments in AI technology and has developed various AI-based products and services, such as Einstein, an AI-powered analytics platform.
In 2020, Salesforce’s stock price increased by approximately 37%, representing a strong performance despite the pandemic’s impact. As AI continues to grow and transform various industries, Salesforce’s position in the AI market is expected to grow, making it an excellent investment opportunity for investors seeking maximum returns in 2021.
Conclusion
AI technology is revolutionizing businesses and industries, making it a hotbed for investors seeking maximum returns. By investing in the top AI companies, such as NVIDIA Corporation, IBM Corporation, Alphabet Inc., Microsoft Corporation, and Salesforce.com, Inc., investors are bound to earn maximum returns in 2021. Overall, the market is showing significant growth in the AI industry, and investing in the right AI companies could be an incredibly lucrative investment opportunity.
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