For the last decade-plus, the search engine market has been a snooze. The industry has been dominated by Google -- the main subsidiary of technology giant Alphabet (GOOG -2.83%) (GOOGL -2.83%) -- with a 90% market share across internet-connected devices worldwide. Given how profitable the search engine market is, this dominance has enabled Alphabet to print money year after year with remarkable consistency. Now, its largest competitor, Microsoft (MSFT -1.49%), wants a piece of that pie. The owner of the Windows operating system and Internet Explorer (now renamed Microsoft Edge) has made a sizable investment into OpenAI to bring the start-up's disruptive artificial intelligence (AI) chatbot to its Bing search engine.

Salesforce, the world's largest provider of cloud-based customer relationship management (CRM) services, uses its AI platform Einstein to analyze trends and provide data-driven predictions. UiPath's robotic process automation (RPA) platform automates repetitive office tasks -- such as managing inventories, processing invoices, onboarding customers, and entering large amounts of data -- to reduce an organization's dependence on human employees. But over the past 12 months, Salesforce's stock declined 14% as UiPath's stock plunged 53%. Let's see why both stocks lost their luster, and if either one is a good turnaround play for 2023 and beyond. Salesforce expects its revenue to rise 17% in fiscal 2023, cooling from its 25% growth in fiscal 2022, as its adjusted EPS rises 3%. Its growth is decelerating as the macro headwinds force many companies to rein in their spending on big software deals.

Mark Zuckerberg told investors generative artificial intelligence (AI) would be a bigger focus for Meta Platforms (META 3.51%) in 2023, and it's already starting to pay off. Following the rollout of Apple's App Track Transparency on iOS, Meta shifted to rely more on AI to help target and measure ads. It also started creating AI-based tools to help generate ad creatives (an object that contains all the data for visually rendering the ad itself) that are more effective. The social media company recently released an update on its efforts to improve the results of marketers on Facebook and Instagram through the use of artificial intelligence. It shouldn't be a big surprise that Meta's AI is producing great outcomes for advertisers willing to cede more control of their ad targeting, placement, and creatives.

We've entered the age of AI. Artificial intelligence is beginning to reshape huge swaths of the global economy, and businesses of all sizes are rushing to deploy the game-changing technology. The AI market will approach a staggering $1.4 trillion by the end of the decade, according to a forecast by Fortune Business Insights. Here are the three companies best positioned to capture sizable portions of this booming industry. Investors' excitement for AI reached a fever pitch after Microsoft (MSFT 0.57%) announced a multibillion-dollar partnership with ChatGPT creator OpenAI in January. Since then, the software giant has moved quickly to add OpenAI's technology to its popular productivity tools and its Bing search engine.

It's basically a natural language processor that can interpret simple queries and give surprisingly comprehensive answers, and it's powered, of course, by AI. A recent estimate by the International Data Corp. (IDC) says that spending on AI technology grew 20% in 2021, reaching $383 billion, and it was expected to reach $450 billion in 2022. Companies are investing heavily in AI for several reasons. AI can boost labor productivity, improve operating efficiency, speed up innovation, and make more useful products for customers. Companies that can achieve these benefits will be in the best position to stay ahead of competitors, and therefore deliver returns to investors. This is why every company will likely be using AI in some form in the future.

It's been an absolutely incredible ride for many artificial intelligence (AI) stocks, so much so that various AI-related cryptocurrencies aren't being ignored by many investors. One of the top-performing cryptos in this regard is once again The Graph (GRT 16.54%), which has surged 19% over the past 24 hours as of 2:30 p.m. ET. This move comes as The Graph receives increased attention tied to its data indexing protocol, which allows for decentralized search and various utility-generating capabilities on the blockchain. Often viewed as the "Google (part of Alphabet) of blockchain," The Graph's functionality, which allows for APIs called subGraphs to allow for easier and more seamless development of DeFi applications, provides the building blocks for a range of AI applications to be built. Hence, this project appears to be viewed by many investors as a behind-the-scenes way to play this growth rally in this pocket of the crypto market.

Artificial Intelligence has been taking the world by storm since the launch of ChatGPT.

Artificial intelligence (AI) is already a leading technology that's found its way into everything from cloud-based software services to vehicle safety systems. Because of its plethora of uses, the AI industry is rapidly expanding and will be worth an estimated $1.6 trillion by 2030. But how can investors best tap into this fast-growing trend? Considering the current market volatility and instability in some tech sectors, I think finding large, stable companies that are benefiting from AI is the way to go. Here's why Alphabet (GOOG 0.49%) (GOOGL 0.45%), Amazon (AMZN 2.87%), and Nvidia (NVDA 1.80%) top the list of AI stocks to buy right now.

You may have noticed a lot of news stories (and tweets, for that matter) about ChatGPT -- a newly released "chatbot" from the folks at OpenAI. It's notable because it uses artificial intelligence (AI). Many people are trying it out, with interesting results. For example, one person used it to write cover letters for jobs. They were reasonably well received, but deemed to not reflect much personality.

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. Like the perfect beer pong technique, cutting corners in college is a true liberal art. But collegiate rule-breakers have never had a tool quite like ChatGPT, an ultra-smart artificial intelligence program that can write convincing, human-like text with just a few quick prompts. In response, universities across the country are scrambling to safeguard the academic sanctity of term papers.