5 AI stocks to watch on the stock market this week
Are these the best AI stocks to buy right now?
Even with the scholarship today struggling to find direction, investors might consider tech stocks. In particular, artificial intelligence (AI) stocks would currently be a notable subsection of the industry. After all, the use cases and capabilities of modern AI keep growing. As the name suggests, AI is essentially computer software that can learn and develop over time through machine learning. Not only does this provide organizations with more comprehensive solutions to complex problems, it also improves over time.
Given the relevance and demand for AI-related services today, AI companies continue to expand their operations. We could watch the likes of Alphabet (NASDAQ: GOOGL) a subsidiary of Google, and C3.Ai (NYSE: IA). On the one hand, Google is now planning to buy a $ 2.1 billion office building in New York City. This would mark Google’s largest office outside of California, according to CFGO Ruth Porat. On the other hand, C3.Ai announced the general availability of its customer relationship management (CRM) solution. The company’s CRM offers are now integrated into Microsoft (NASDAQ: MSFT) Dynamic, Veeva (NYSE: VEEV), and Service now (NYSE: NOW). With all of that in mind, will you be keeping an eye on these top AI stocks in the stock market now?
Best AI actions for your September 2021 watchlist
Amazon is a multinational technology company that focuses on e-commerce and artificial intelligence. In short, its Amazon Web Services (AWS) provide on-demand cloud computing platforms and APIs to individuals, businesses, and governments. Additionally, AWS virtual machines emulate most of the attributes of real machines. It also offers the most comprehensive set of machine learning and artificial intelligence services to meet customers’ business needs.
Today, Amazon announced a partnership with Helbiz Media (NASDAQ: HLBZ) to stream Helbiz Live content and the entire Italian Serie B Championship to all devices and TVs equipped with Amazon Prime Video Channels throughout Italy. The move sent HLBZ stock up more than 170% on today’s opening bell. On Monday, the company also opened its first distribution center in North Dakota.
With that, employees began working at the new, over one million square foot facility on Sunday, September 19. The distribution center will no doubt help expand the company’s logistics into the US Midwest. All things considered, is AMZN stock a top stock to watch? at present?
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International Business Machines Corporation
International Business Machines (IBM) is an AI company with a portfolio of out-of-the-box tools and applications designed to reduce costs and barriers to AI adoption while maximizing results and usability. responsible for AI. The company’s Cloud Paks will enable developers and data managers to quickly build new cloud-native applications, as well as modernize and extend IBM Watson’s AI capabilities across their businesses consistently across multiple clouds.
Today, the company announced that it will work with Airspan Networks to launch a 5G-compatible Open RAN test bed through the IBM Watson IoT Center in Germany and IBM’s Global Industry Solutions Center in France to present long distance control on 5G. advanced computing enabled.
This would help accelerate the adoption of Open RAN technology and its ecosystem integrating IBM’s leading global hybrid orchestration and AI services. With this information, will you add IBM stock to your watchlist?
then, we have Selling power, a cloud-based software company headquartered in California. Essentially, the company provides a customer relationship management service as well as a complementary suite of business applications focused on customer service, marketing automation and analytics. Its AI department is nicknamed Salesforce Einstein. Salesforce Einstein is a layer of intelligence within the Lightning Platform that brings powerful AI technologies to everyone.
Today, the company announced Health Cloud 2.0 technology, designed to enable businesses and governments to improve the health and safety of their employees and communities. This comes as the focus has shifted to health, safety and running the business efficiently in the new normal.
“Every company looks forward to being together safely with its customers, prospects, employees and partners as it seeks to resume growth and tackle digital fatigue â, said Sarah Franklin, president and chief marketing officer, Salesforce. “We created Dreampass, powered by Health Cloud 2.0, to safely bring our community together in San Francisco for a special in-person experience unlike any other in the world.âFor these reasons, is CRM stock worth adding to your portfolio today?
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Upstart Holdings Inc.
Subsequently, we will examine Holdings reached. For the most part, Upstart is a consumer loan company. Through its AI lending platform, the company partners with banks and credit unions to serve consumers. Notably, Upstart rates consumers based on non-traditional variables when reviewing loan applications. This includes factors such as education and employment.
To explain, it would probably be due to his last collaboration with WSFS Bank (NASDAQ: WSFS). Namely, WSFS is launching a digital personal loan product. Tastes are currently facilitated by Upstart.
Thanks to the help of Upstart, the bank can now “reach and approve more creditworthy borrowers while providing a seamless digital experience on their own banking websiteâ. Overall, the demand for Upstart’s AI-powered offerings seems to be increasing now. Would it be worth keeping an eye on UPST’s stock for you?
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Last but not least, we have Palantir Technologies. Essentially, the Colorado-based company specializes in big data analytics. It achieves this through the integration of several cutting-edge software solutions, including AI and machine learning. For the uninitiated, Palantir’s offerings are currently being used by governments and organizations around the world. Not to mention that the company’s clients cover a wide range of industries. This includes defense and healthcare spaces among other business applications.
Considering the scale and scope of Palantir’s operations, could PLTR stock be one of the best AI stocks to buy right now? To point out, the company’s shares have registered gains of more than 170% since its IPO almost a year ago. Despite all of this, Palantir doesn’t seem to be slowing down any time soon.
As of last week, the company is currently working with Wejo, a global leader in connected vehicle data solutions. Simply put, the two work to create a “integrated data ecosystem for the automotive industryâ. Given all of this, will you be watching the PLTR stock closely?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.