3 Top Artificial Intelligence Stocks to Buy in March
The artificial intelligence (AI) market is booming after substantial advances in 2022, with many of the world's biggest companies venturing into the industry. According to Grand View Research, the AI market was valued at $136.55 billion last year, and will expand at a compound annual growth rate (CAGR) of 37.3% through 2030. AI will owe much of its future growth to the potential it has to enhance almost any industry, from self-driving cars to healthcare, manufacturing, aerospace, and many more.
As a result, now is an excellent time to consider investing in this burgeoning market. Here are three top stocks to invest in artificial intelligence this March.
Microsoft (NASDAQ: MSFT) is one of the biggest names in AI right now, with its $1 billion investment in tech start-up OpenAI in 2019 looking like the foresight of the century. In November 2022, OpenAI kicked off the AI race by wowing the tech world with the launch of ChatGPT, an advanced chatbot capable of producing human-like dialogue based on prompts. The software has so far been integrated into Microsoft's search engine Bing, and is available through its cloud service Azure.
Source Fool.com
