Three AI Stocks to Watch in 2024 and Beyond\n\nThe year 2023 was dominated by headlines about Artificial Intelligence (AI), and it seems that this trend will continue into 2024. As companies look to optimize their operations and streamline processes, AI-based analytics systems are in high demand. Here are three AI stocks that investors should keep an eye on in 2024 and beyond.\n\nOne company that has seen impressive growth in 2023 is Palantir Technologies (NYSE:PLTR). With a 178% increase in stock value, Palantir has delivered strong returns for its shareholders. The company’s AI-based analytics systems have been in high demand, with customers like UniCredit S.p.A. Seeing significant results. In fact, UniCredit reported a four-fold increase in customer redemption of protection products thanks to Palantir’s Foundry operating system. With a growing list of customers looking to utilize AI, Palantir’s revenue, gross profit, and free cash flow have all seen significant increases. \n\nAnother AI company to watch is SoundHound AI (NASDAQ:SOUN). While much of the hype around AI has focused on large language models, SoundHound AI has developed conversational AI technology. This technology has a wide range of potential use cases, from taking orders in restaurants to assisting with voice commands in vehicles and smart devices. With a potential addressable market of $160 billion, SoundHound AI is just getting started. While the company is currently burning through cash, a recent $100 million investment from investors like Samsung and Hyundai has provided a strong financial foundation for future growth.\n\nLastly, investors should keep an eye on Alphabet incorporated’s (NASDAQ:GOOG) AI division, Google AI. As one of the leading companies in the AI space, Google AI has made significant strides in developing AI technology for various industries. From healthcare to self-driving cars, Google AI has a diverse range of projects that could have a significant impact on the market in the coming years. While Alphabet incorporated is a well-established company, its AI division continues to push the boundaries of innovation and could be a major player in the future of AI.\n\n AI has been the top financial story of 2023 and is expected to continue dominating headlines in 2024.

” Three AI Stocks to Watch in 2024 and Beyond\n\nThe year 2023 was dominated by headlines about Artificial Intelligence (AI), and it seems that this trend will continue into 2024. As companies look to optimize their operations and streamline processes, AI-based analytics systems are in high demand. Here are three AI stocks that investors should keep an eye on in 2024 and beyond.\n\nOne company that has seen impressive growth in 2023 is Palantir Technologies (NYSE:PLTR). With a 178% increase in stock value, Palantir has delivered strong returns for its shareholders. The company’s AI-based analytics systems have been in high demand, with customers like UniCredit S.p.A. Seeing significant results. In fact, UniCredit reported a four-fold increase in customer redemption of protection products thanks to Palantir’s Foundry operating system. With a growing list of customers looking to utilize AI, Palantir’s revenue, gross profit, and free cash flow have all seen significant increases. \n\nAnother AI company to watch is SoundHound AI (NASDAQ:SOUN). While much of the hype around AI has focused on large language models, SoundHound AI has developed conversational AI technology. This technology has a wide range of potential use cases, from taking orders in restaurants to assisting with voice commands in vehicles and smart devices. With a potential addressable market of $160 billion, SoundHound AI is just getting started. While the company is currently burning through cash, a recent $100 million investment from investors like Samsung and Hyundai has provided a strong financial foundation for future growth.\n\nLastly, investors should keep an eye on Alphabet incorporated’s (NASDAQ:GOOG) AI division, Google AI. As one of the leading companies in the AI space, Google AI has made significant strides in developing AI technology for various industries. From healthcare to self-driving cars, Google AI has a diverse range of projects that could have a significant impact on the market in the coming years. While Alphabet incorporated is a well-established company, its AI division continues to push the boundaries of innovation and could be a major player in the future of AI.\n\n AI has been the top financial story of 2023 and is expected to continue dominating headlines in 2024.”$SOUN2023-12-22T06:26:59.150Z

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