With artificial intelligence (AI) becoming the latest hot topic in investing, investors should stay well informed on what's new to avoid investing in companies that don't have a bright future. If there's any lesson the tech hype of 2020 and 2021 has taught us (or even the dot-com burst in the early 2000s), it's that a lot of companies won't work out, but a select few will.

Finding those businesses in the AI space will be critical. I've got three you should keep an eye on during May.

Although Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) was the butt of many AI jokes when ChatGPT caught it off guard, its AI resources are likely more significant than any other company. With an AI tool kit for developers that includes TensorFlow (a machine learning platform), a library full of datasets to train AI models, and a cloud computing wing that can help companies train their models, Alphabet has set the foundation to be an AI force to be reckoned with.

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Source Fool.com