Google parent Alphabet sold 79% of its Snowflake stake and is piling into this supercharged artificial intelligence (AI) stock instead

On By Littum

For most of the past two years, artificial intelligence (AI) has dominated headlines on Wall Street – and for good reason. The capacity for AI-powered software and systems to learn and evolve over time without human intervention gives this technology utility in most industries around the world.

Although estimates vary wildly, as you’d expect for a potentially game-changing technology, the addressable market for AI should yield several winners. IN Size of the prizethe analysts at PwC predict a 26% ($15.7 trillion) increase to global gross domestic product by 2030 from the AI ​​revolution alone.

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Source Fool.com