If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
AI helped triple NVIDIA's data center revenue in the most recent quarter, with the company's CFO, Colette Kress, saying: "AI has quickly emerged as the single most powerful force in technology. If you have an Amazon (NASDAQ:AMZN) Echo speaker in your home, have ever used Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Assistant, or talked to Apple's Siri, then you've interacted with artificial intelligence on some level already. Amazon's most lucrative business, its Amazon Web Services (AWS), now offers machine-learning services (part of the broader AI market) to improve natural-language processing, image analysis, and speech generation across apps and services that use AWS. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Apple, Facebook, and Nvidia.
Key players in machine learning include big cloud players like Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and IBM. A recent study by AI language company Narrative Science found that 80% of executives believed that AI solutions boosted worker performance and created new jobs. Nuance developed the technology that powers Apple's (NASDAQ:AAPL) Siri, which preceded other voice assistants like Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Now, Microsoft's Cortana, and Amazon's Alexa. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Amazon.com, The Motley Fool owns shares of Microsoft and has the following options: long January 2018 90 calls on Apple and short January 2018 95 calls on Apple.