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3 Companies to Consider If You're Looking to Add AI Stocks to Your Portfolio

Stefon Walters, The Motley Fool
·4 min read
3 Companies to Consider If You're Looking to Add AI Stocks to Your Portfolio

Considering ChatGPT is largely responsible for the recent AI hype, it only feels right to include Microsoft (NASDAQ: MSFT). In 2019, Microsoft invested $1 billion in OpenAI, the creator of ChatGPT and AI image generator Dall-E. This year, Microsoft doubled back with another $10 billion investment. The Microsoft-OpenAI partnership shows Microsoft is serious and taking tangible steps to incorporate AI capabilities into its suite of services, starting with its cloud service, Azure, which is second in global cloud market share behind Amazon Web Services (AWS) and an increasingly important part of Microsoft's business.

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