Artificial intelligence or algorithms via which different tasks are by performed by computers usually guiding other machines is the basis of the current fourth industrial revolution, which is arguably the most impactful event in humanity's history.
Several publicly listed companies are set to benefit extra proportionately from artificial intelligence(AI). NVIDIA and Palantir are the most obvious choices. NVIDIA produces the graphical processing units and chips that power AI, while Palantir designs scalable software that incorporates AI algorithms.
Amazon, Microsoft, Alphabet and IBM, through their cloud computing offering, are also set to profit from artificial intelligence or AI.
Virtually all software companies use algorithms and artificial intelligence or AI on a basic level. That is why technology companies' stocks are outperforming all other sectors of the global economy.
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