Graphics-chip maker Nvidia (NVDA) released a fire hose of news at its online GTC conference, detailing advancements in artificial intelligence, computer graphics, robotics and data centers. Nvidia stock reached a buy point Tuesday following positive reviews of the event. Nvidia also announced that its fiscal first-quarter revenue is tracking above the target it provided in its Feb. 24 earnings release. At the time, the company provided a revenue outlook for its first fiscal quarter, ending May 2, of $5.3 billion, plus or minus 2%. In a news release, Chief Financial Officer Colette Kress said Nvidia is seeing strength across its four market platforms.

AI models not only take time to build and train, but also to deploy in an organization's workflow. That's where MLOps (machine learning operations) companies come in, helping clients scale their AI technology. InfuseAI, a MLOps startup based in Taiwan, announced today it has raised a $4.3 million Series A, led by original design manufacturer Wistron Corporation, with participation from Hive Ventures, Top Taiwan Venture Capital Group and Silicon Valley Taiwan Investments. Founded in 2018, InfuseAI says the market for MLOps solutions is worth $30 million a year in Taiwan, with the global market expected to reach about $4 billion by 2025, according to research firm Cognilytica. Its clients include E.SUN, one of Taiwan's largest banks, SinoPac Holdings and Chimei. InfuseAI helps companies deploy and manage machine learning models with turnkey solutions like PrimeHub, a platform that includes a model training environment, cloud or on-premise cluster computing (including container orchestration with Kubernetes) and collaboration tools for teams.

TORONTO, ON / ACCESSWIRE / April 5, 2021 / DigiCrypts Blockchain Solutions Inc. o/a DigiMax Global Solutions (the "Company" or "DigiMax") (CSE:DIGI), a company that provides artificial intelligence and cryptocurrency technology solutions to individuals and SME's, is pleased to provide a corporate review for Q1 and an outlook for the company in Q2. DigiMax continues to gain momentum in executing its strategy and growing its footprint within the artificial intelligence and cryptocurrency markets. After completing two financings, the Company is fully capitalized for the foreseeable future and is significantly expanding its platform through enhanced product development; commercialization and growth of the Company's cryptocurrency price trend indicator; and, expansion of the Projected Personality Interpreter in tandem with its IBM Watson AI prediction solutions. The company is also advancing new products to be launched in Q3 and Q4, and entertaining new external growth opportunities through potential joint ventures and acquisitions. CryptoDivine Price-Trend Prediction Solution In late February, the Company completed the initial launch of its CryptoDivine.ai

Cresta, an AI-powered platform that offers real-time support to help customer service agents respond to inquiries on calls or in chats, has raised $50 million in a series B round of funding. The company's latest investment, which was led by Sequoia Capital, with participation from Greylock Partners, Andreessen Horowitz, Allen & Company, and Porsche Ventures, comes after a year of growth that saw its revenues quadruple. It's difficult to read too much into any first-year revenue growth metrics, but it's clear that companies are hankering for technology that helps them optimize their customer-facing operations. Contact centers have proven fertile ground for AI, with a slew of companies emerging to offer their own take on how automation can improve companies' interactions with their customers. Just today, Uniphore announced a fresh $140 million investment to analyze emotion and engagement in both voice and video-based calls, while Talkdesk launched a new "human-in-the-loop" AI trainer for contact centers.

Freeport-McMoRan Inc – often shorthanded as Freeport – closed down 1.83% on Thursday to $31.61 per share, dipping harder than the broader markets. The day's end marked a staggering 27 million trades for the mining company, despite continuing a recent pattern of falling stock prices as seen against the 10-day price average of $35.22. However, stock prices are still up almost 16.5% for the year. Currently, the company is trading with a forward 12-month P/E of 12.65. Freeport-McMoRan is a leading international mining company with headquarters in Phoenix, Arizona.

UiPath, a New York robotics automation company, on Friday said it had filed with the Securities and Exchange Commission for an initial public offering. The move comes not long after UiPath raised fresh capital from investors at a valuation of $35 billion, making the company one of the most valuable privately held tech businesses in the U.S., CNBC reported. The company, which plans to list on the New York Stock Exchange under the ticker symbol PATH, aims to raise $1 billion in the IPO, the SEC Form S-1 says. It has not detailed the number of shares it plans to offer or the estimated price range. In the fiscal year ended Jan.

While Google is said to be the champion in artificial intelligence (AI), its fiercest rival Apple seems to be looking to catch up to the Mountain View, California-based giant. According to data shared by data analytics firm GlobalData, Apple acquired the highest number of Artificial Intelligence (AI) companies, ahead of Google, Accenture, Microsoft, and Facebook – other leaders in terms of AI acquisitions. Apple has bought companies like Emotient, Turi, Glimpse, RealFace, Shazam, SensoMotoric, Silk Labs, Drive.ai, Laserlike, SpectralEdge, Voysis, XNOR.ai, and more over the past few years. These acquisitions come as the company's aim towards improving the AI and machine learning capabilities of its products and services.

After almost four months of phone calls and emails to GameStop Corp. complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March -- from a director on the video game retailer's board. On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members. "NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive," Titus wrote.

The COVID pandemic may be receding, but it has left a mark on across multiple aspects of our lives. From mask mandates to travel restrictions, we chafe at some of the changes – but in the business world the use of artificial intelligence (AI) systems has dramatically expanded in the past year. This was probably inevitable – but AI brought advantages in coping with the pandemic for companies that could make use of it, and the expansion accelerated. AI has found its place in a huge range of applications, at both the front and back end of businesses. It’s prevalent in software management and data systems, as well as in communications, where AI systems filter emails and conduct robochats. And this has not been ignored by Wall Street. Analysts say that plenty of compelling investments can be found within this space. With this in mind, we’ve opened up TipRanks’ database, and pulled two stocks which are stand to benefit from AI technology. Importantly, both have amassed enough bullish calls from analysts to be given “Strong Buy” consensus ratings. Nuance Communications (NUAN) We’ll start with Nuance, a company in the communications software niche. This Massachusetts-based company offers solutions for business clients in the healthcare and customer service industries, with products that enhance speech recognition, telephone call steering systems, automated phone directories, medical transcription, and optical character recognition. It’s a full range of AI-powered, cloud communications software, applied in real time. Nuance’s flagship product, the Dragon Ambient eXperience (DAX) is marketed to the healthcare industry, where it uses AI to automate the paperwork burdens on physician practices and hospitals. This streamlines operations allow doctors more time and resources to spend on patients, and provides greater satisfaction to health care providers and users. The applications of Nuance’s product and solution lines to the current environment is clear: when the pandemic locked down so many people at home, businesses still had to maintain their customer-facing systems, and software automation, based on AI tech, made that possible with fewer personnel. Since the pandemic started last winter, the company seen its shares grow tremendously, up 205% in the last 12 months, far outpacing the overall stock market. The most recent quarterly report, for fiscal Q1, showed quarterly revenues above the forecast at $81.4 million. EPS showed a net loss, as expected, but at 27 cents the loss was a 28% sequential improvement from Q3. The company’s balance sheet is strong, with zero debt, $256 million cash on hand, and a credit facility up to $50 million. The company’s most recent quarterly report, for fiscal Q1, beat the forecasts on both the top and bottom lines. Earnings beat expectations by 11%, coming in at 20 cents per share, while revenues of $345.8 million were a modest 2% above the estimates. As a result, operating cash flow grew 22% year-over-year, to $54.6 million for the quarter. Among the bulls is 5-star analyst Daniel Ives, of Wedbush, who rates NUAN shares an Outperform (i.e. Buy), and his $65 price target implies an upside potential of ~44%. (To watch Ives’ track record, click here) "We believe Nuance overall continues to be laser focused on building a global cloud healthcare and AI driven business with growing ARR and a sustainable revenue/ earnings stream going forward with larger deals in the field as more hospital- wide deployments shift to the cloud are playing out and gaining further momentum based on our checks," Ives opined. The analyst added, "From a valuation/ SOTP perspective, we believe over time the DAX business alone could be worth between $3 billion to $4 billion to NUAN's stock as this AI next generation platform represents a potential paradigm changer for hospitals/healthcare clinics/specialists over the coming years." Ives is no outlier on Nuance, as shown by the unanimous Strong Buy analyst consensus on the stock. Nuance has received 6 recent reviews, and all are to Buy. The shares are trading for $45.20, and the $59.67 average price target suggests a 32% one-year upside. (See NUAN stock analysis on TipRanks) Dynatrace, Inc. (DT) The second AI stock we’ll look at, Dynatrace, is another cloud software company – but Dynatrace’s products are designed to power business data. The company’s AI platform brings intelligent automation to network management and cloud monitoring. DT’s platform allows for cloud automation, business analytics, digital experience, application security, applications and microservices, and infrastructure monitoring. It’s sold as a one-stop-shop for network and system managers seeking an intelligent software agent. Dynatrace’s shares have been showing consistent growth over a long term. The stock is up a robust 133% in the past 12 months, and revenues have also been growing over that period. In the most recent report, for Q3 fiscal year 2021, the company showed $182.9 million in top-line revenue, beating the forecast by ~6% and growing 27% year-over-year. EPS came in at 6 cents, flat from Q2 and far better than the break-even reported for the year-ago quarter. Three key metrics stand out in the quarterly report, and both for the right reasons. Subscription revenue grew 33% year-over-year, to reach $170.3 million, and annual recurring revenue (ARR) – which is an important predictor of future performance – grew 35% yoy and came in at $722 million. At the same time, license revenue dropped by more than 93%, to just $300,000. Taken all together, these results point toward a strong shift toward recurring cloud customers – a common trend in the software space. Needham’s 5-star analyst Jack Andrews has been closely following Dynatrace, and he believes DT’s AI products may replace incumbent tools as customers expand to additional modules. “Embedded AIOps and automation creates a compelling value proposition… Compared to competitors in the market, DT's AI Engine is embedded within its core platform and can be levered across the portfolio to deliver answers from data. Moreover, its One Agent technology automatically discovers high-fidelity data from applications and thus can map the billions of dependencies in complex environments," Andrews said. The analyst summed up, "In our view, DT is well-positioned to serve as a single source of truth that can help users trace a line between written code and business outcomes (i.e. BizDevSecOps)." Andrews named Dynatrace as a top pick, and in line with this upbeat assessment, the analyst rates the stock a Buy along with a $66 price target. Ivestors stand to pocket ~28% gain should the analyst's thesis play out. (To watch Andrews’ track record, click here) Once again, we’re looking at a stock who strong performance has inspired unanimity from the Wall Street analysts. DT shares have 13 Buy reviews, for a Strong Buy consensus rating. The stock sells for $51.76 and its $59.69 average price target suggests ~15% upside from that level. (See DT stock analysis on TipRanks) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

New-age technologies such as artificial intelligence, machine learning, and robotics have become an integral part of everyday human life. These technologies are significantly contributing to business transformation, enabling organizations to gain a competitive advantage over their peers. Thanks to its broader features and considerable benefits, more and more companies are investing in artificial intelligence to strengthen and meet their business objectives. Thus, as investing in technology or buying tech stocks have become a business phenomenon today, here are the 10 best artificial intelligence stocks to buy that can generate higher ROI. Tech giant Microsoft is continuously pivoting its way to innovation.