Kolkata Investment:Prediction: These Will Be the 3 Largest Artificial Intelligence (AI) Companies by 2035
A lot can happen in 11 yearsKolkata Investment. Think back to 2013. That was the year that Frozen debuted in theaters, Barack Obama began his second term as president, and Twitter debuted on the New York Stock Exchange.
So, looking ahead to 2035, which artificial intelligence (AI) stocks will be the three largest in the world? Here are my predictions.
Although it is often the world's second-largest company, Microsoft should grow even larger over the next 11 years thanks to its numerous AI initiatives.
To start with, its cloud services segment, Microsoft Azure, should benefit immensely from the AI revolution. Azure, already the world's second-largest cloud services business, is well positioned to capture additional revenue as organizations ramp up their cloud and AI spending. The unit's machine learning tools and prebuilt AI models should attract even more revenue for its Intelligent Cloud segment, which already generates more than $100 billion in revenue annually.
What's more, the next decade should see Microsoft integrate even more AI-powered features into its iconic software suite. Copilot AI integrations have already kicked off, and as AI tools continue to improve, the company should be able to extract even more revenue from its software suite and the AI add-ons that are incorporated into it.
In summary, Microsoft's diverse business segments should reap many benefits from the AI revolution over the next 11 years. That, in turn, will keep it firmly within the list of top 3 AI stocks by market cap.Varanasi Stock
Like Microsoft, Amazon operates one of the world's premier cloud services businesses, Amazon Web Services (AWS). And just like its foremost rival, AWS already generates more than $100 billion in annual revenue.
Yet, that figure will surely rise over the next 11 years due to the AI revolution. AWS offers a broad range of AI-powered services. Developers and organizations can use these tools to build, train, and deploy AI models.
Beyond AWS, Amazon will use AI to power its other core business: e-commerce. The company already utilizes AI to power its massive logistics network. AI helps the company predict purchasing patterns, proactively stock its fulfillment centers, and determine the fastest and cheapest routes for shipping. On top of that, Amazon already uses close to 1 million robots within its facilities. That figure should skyrocket in the coming years, particularly as its robots become more effective and as labor costs continue to rise.
With a current market cap of $1.9 trillion, Amazon has some work to do to catch Apple, which currently has a market cap of $3.4 trillion. Yet, as noted above, 11 years is a long time, and I believe that Amazon can leapfrog the iPhone maker by 2035.
Finally, there's Nvidia . It should come as no surprise that the king of graphic processing units (GPUs) makes the cut.
First of all, Nvidia's dominance of the GPU marketplace will be the main reason the company maintains its spot as one of the most valuable companies in the world. Its chips are sought after by developers for their speed and ease of use -- and that's unlikely to change anytime soon. In addition, AI developers are comfortable working with the company's CUDA parallel computing platform. That creates a barrier to entry for Nvidia's competitors, as developers may be unfamiliar or uncomfortable with their offerings.
However, Nvidia will excel over the long term for other reasons, tooVaranasi Investment. Assuming autonomous driving capabilities improve and demand for them takes off, Nvidia could benefit. Furthermore, innovative gaming developments could bolster demand for its GPUs in the video game space, as could renewed interest in virtual reality simulations or the metaverse.
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Published on:2024-11-11,Unless otherwise specified,
all articles are original.