Artificial intelligence (AI) sale across hardware, software, and services totaled about $196 billion last year, according to Grand View Research. But analysts expect that figure to surge 820% by 2030, such that annual AI spending exceeds $1.8 trillion at the end of the decade. Investors hoping to benefit should be positioning their portfolios today, and they should be diversifying beyond Nvidia.

With that in mind, (NASDAQ: GOOGL) (NASDAQ: GOOG) and Datadog (NASDAQ: DDOG) stand out as worthwhile long-term investments. The companies have strong footholds in relevant markets, and the stocks trade reasonable valuations compared to future growth prospects.

Here's what you should know.

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Source Fool.com