As businesses continue investing in artificial intelligence and with the increasing applications it is finding in every sector, the trajectory of these lucrative stocks might never come down. If we look back at 2019, which seems like a long time ago already, companies across sectors have started integrating AI and have implemented it in their products and services. Tech giants like Google, Amazon, Intel, NVIDIA have already been pushing the boundaries of artificial intelligence. This can be seen clearly when we can see that it has been estimated that AI spending will touch nearly $98 billion in 2023 which makes the CAGR for 2018-2023 forecast period 28.4%. Another insight shows that the AI market is expected to reach $208.49 billion by 2025 with a CAGR of 32.6%.

Machine learning (ML) is hailed as one of the most impactful technologies in the AI spectrum. Comprising algorithms, ML applications are capable of enabling devices to learn, improve and make decisions automatically, without any explicit programming or human involvement. The application of ML has grown rapidly over the past years, bringing out the power of data in a whole new way. Devices operating on voice commands, recommendations from online search engines, real-time advertisements on web pages, image recognition and cyber fraud detection are some of the most common instances of ML. The technology has proven itself to be ground-breaking for the transportation industry by making self-driving cars a reality.

Machine learning (ML) is hailed as one of the most impactful technologies in the AI spectrum. Comprising algorithms, ML applications are capable of enabling devices to learn, improve and make decisions automatically, without any explicit programming or human involvement. The application of ML has grown rapidly over the past years, bringing out the power of data in a whole new way. Devices operating on voice commands, recommendations from online search engines, real-time advertisements on web pages, image recognition and cyber fraud detection are some of the most common instances of ML. The technology has proven itself to be ground-breaking for the transportation industry by making self-driving cars a reality.