AI stocks may be excellent long-term investments. The global artificial intelligence industry is expected to grow from $59.7 billion in 2021 to $422.4 billion by 2028, according to Zion Market Research. Virtually every industry is being disrupted by AI, automation and robotics. Whether it be machine learning, smart applications and appliances, digital assistants or autonomous vehicles, companies that aren't investing in AI products and services risk becoming obsolete. Countless companies stand to benefit from AI, but a handful of stocks have AI and automation as a central part of their businesses.

These companies are leading the way in artificial intelligence. Artificial intelligence was once a far-off imagination of scientists and sci-fi enthusiasts. Now, the industry has a value just under $1 trillion and is projected to grow to $14 trillion by 2030, according to Ark Invest. That's because AI is more than just a supercomputer that can play chess and engage in small talk; companies are using AI to automate and streamline their business processes. For example, automated algorithms remove most of the posts that violate Facebook's community standards.

The US is the key market for artificial intelligence platforms market in North America. The US and Canada together hold approximately 26% of all global AI-related patent applications, while IBM has the largest share of AI-related patents, followed by Microsoft and Google. Market growth in this region will be slower than the growth of the market in APAC, Europe, and MEA. The need for automated machine-driven decisions will facilitate the artificial intelligence platform's market growth in North America over the forecast period. The artificial intelligence platforms market is set to grow by USD 17.29 billion at a CAGR of 35% from 2020 to 2025, according to the latest research report from Technavio.

In this article, we discuss the 10 best AI stocks for 2022. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best AI Stocks for 2022. Artificial intelligence is the backbone of a myriad of innovations in today's world such as self-driving cars, high-tech computing, enterprise solutions, and robotics to name a few. AI is also set to play a key role in blockchain technology which forms the basis of the cryptocurrency industry. In addition, AI also played a key role in fighting the spread of COVID-19 from contact tracing to robots and drone deployment to responding to urgent needs in hospitals as well as performing deliveries of food, medications, and equipment.

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