Three unexpected artificial intelligence investment opportunities GB Investments

On the one-year anniversary of the launch of Smith & Williamson's £100m Artificial Intelligence fund, Chris Ford, the strategy's lead manager, explains how AI is making its way into every part of our lives. The backdrop is that AI is transforming the way we drive, the way we communicate with each other and the way we learn, creating a host of opportunities for investors. But, said Ford, while the likes of Tesla and Google are obvious targets for investors seeking exposure to this rapidly growing field, many exciting AI opportunities also exist in finance, healthcare, media and many other sectors. Ford said: "When most of us think of artificial intelligence, we might think of self-driving cars made by Tesla, or Siri, Apple's virtual assistant. "But artificial intelligence is now being used by a whole host of companies and industries, many of which may surprise investors." With opportunities in most major industries, the Smith & Williamson Artificial Intelligence Fund invests across a wide spectrum of sectors around the globe in order to gain exposure to the trend. "From healthcare to commodities, companies are all starting to benefit from the implementation of different forms of artificial intelligence," Ford said. Below, Ford highlights three companies operating in unexpected sectors where AI is coming to the fore. Intuitive Surgical uses AI technology to conduct operations that are more effective, less invasive and easier on both surgeons and patients. Its da Vinci surgical system allows surgeons to carry out open surgery through just a few small incisions. Ford said: "There has been growth in the use of robot systems in hospital settings, which has led to a rise in the number of procedures that use its technology.