The artificial intelligence (AI) market hit a valuation of nearly $200 billion last year and has shown no signs of slowing. Data from Grand View Research shows the sector is projected to have a compound annual growth rate of 37% through 2030, which would see it reach nearly $2 trillion before the end of the decade.

As a result, dedicating a portion of your holdings to this high-growth market could be one of the best moves this year to potentially benefit from its long-term development.

(NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) are two attractive options because both operate leading cloud platforms. Cloud computing has become a crucial growth area for AI since these companies could leverage their massive data centers to steer the generative AI market in their favor.

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Source Fool.com