Invest in US Best AI Stocks from India 2024

Unlock the potential of AI investments! Explore opportunities to invest in the US best AI stocks from India in 2024. Stay ahead in the global market with insights on top-performing companies and strategic investment tips. Start your journey into the future of AI today!

Welcome to the exciting frontier where machines think, learn, and adapt – the world of Artificial Intelligence (AI). In this blog post, we embark on a journey into the future, exploring the best AI stocks in US, game-changing advancements, the transformative impact AI is set to make on our lives and how we can capitalize this growth story.

Consider investing in AI companies that show promise and have a strong track record of innovation. Diversify your investments across different segments of the AI ecosystem, such as hardware, software, and AI-enabled services.

Recognize that the full potential of AI may unfold over the long term. Have a strategic, long-term investment perspective, and be patient as the AI landscape continues to evolve.

Generative AI has the potential to generate value equivalent to $2.6 trillion to $4.4 trillion in global corporate profits annually as per research report shared by McKinsey Global Institute.  

 

There are several popular and widely used artificial intelligence (AI) services across various domains. These services leverage AI technologies to provide innovative solutions. 

Here are some best AI stocks services that have gained popularity:

  • Amazon Alexa
  • Google Assistant
  • IBM Watson
  • Microsoft Azure Cognitive Services
  • OpenAI GPT Models
  • Character ai
  • TensorFlow and copy ai
  • Microsoft Azure Machine Learning
  • Salesforce Einstein
  • ChatGPT (by OpenAI)
  • Athena (by Google)
  • Pictory ai

The field of artificial intelligence (AI) is dynamic, and the landscape of major companies in the United States involved in AI can change over time. However, some prominent companies have been consistently recognized for their contributions to AI research, development, and applications. 

Here are several best AI stocks in the U.S. that have played significant roles in the AI sector:

Best AI Stocks
  • ALPHABET INC 
  • MICROSOFT 
  • IBM
  • AMAZON
  • NVIDIA
  • FACEBOOK
  • SALESFORCE 
  • TESLA 
  • ADOBE 
  • ORACLE
  • INTEL 
  • PALANTIR

Best AI stocks with its contribution in AI market:

  • Google (Alphabet Inc.): Google is a technology giant and a leader in AI research. It has applied AI across various products and services, including Google Search, Google Assistant, and Google Cloud AI.
  • Microsoft: Microsoft is heavily invested in AI, incorporating it into products like Azure AI, Microsoft 365, and cognitive services. The company is involved in AI research and has collaborations with academia.
  • IBM: IBM has a long history in AI and continues to be a key player in the field. Its AI initiatives include IBM Watson, a cognitive computing platform and a focus on AI applications in industries like healthcare and finance.
  • Amazon: Amazon has integrated AI across its operations, particularly in its cloud computing arm, Amazon Web Services (AWS). AWS offers AI and machine learning services, empowering businesses to leverage AI capabilities.
  • NVIDIA: NVIDIA is known for its graphics processing units (GPUs) and has become a significant player in AI hardware. Its GPUs are widely used in AI applications, including deep learning and neural network training.
  • Facebook (Meta): Facebook, now known as Meta, uses AI in its social media platforms for content moderationpersonalized content recommendations and augmented reality (AR) applications.
  • Salesforce: Salesforce integrates AI into its customer relationship management (CRM) platform through Salesforce Einstein. The AI features help businesses make data-driven decisions and enhance customer interactions.
  • Intel: Intel is a major player in providing processors and hardware solutions for AI applications. Its hardware, including CPUs and specialized accelerators is used in AI workloads.
  • Tesla: Tesla, led by Elon Musk, utilizes AI in its electric vehicles for autonomous driving capabilities. The company’s AI technologies contribute to the development of self-driving cars.
  • Adobe: Adobe incorporates AI in its creative software, such as Adobe Photoshop and Adobe Illustrator. AI features enhance user experiences and streamline creative processes.
  • Oracle: Oracle has invested in AI applications across its cloud services. The company provides AI-driven solutions for businesses in areas like data management and enterprise applications.
  • Palantir Technologies: Palantir specializes in data analytics and AI-driven solutions for organizations, particularly in the areas of data integration and analysis for intelligence and security purposes.

Ways to invest in US best AI stocks from India:

Ever wondered if you can dip your toes into the exciting world of the US stock market from the comfort of your home in India? Good news – you absolutely can!  Here’s a straightforward guide to get you started. 

Two Paths to Dive In:

  • Direct investment in US shares.
  • Indirect investing in US best AI stocks through mutual funds or ETFs.
We will discuss 2nd and easiest approach i.e. Indirect investing in best AI stocks in US via mutual funds.
 
The Global X Artificial Intelligence & Technology ETF (AIQ) seeks to invest in companies that potentially stand to benefit from the further development and utilization of artificial intelligence (AI) technology in their products and services, as well as in companies that provide hardware facilitating the use of AI for the analysis of big data.
 
 
Mirae asset launched an open ended Fund Of Funds (FOF) scheme in India which investing in units of  Global X Artificial Intelligence & Technology ETF. So one can easily invest in best ai stocks mutual fund  through online platforms or the websites of fund houses. 
 
Below are the top Holdings of ETF :
AI ETF Holdings Stocks

Easy steps to buy best AI stocks mutual fund through Zerodha :

 1. Login to your coin app through Zerodha credentials:

Open the Coin app and log in using your Zerodha account credentials. Ensure that your account is KYC compliant, as this is a prerequisite for mutual fund investments.

2. Go to Search for Mutual funds tab:

Go to Search tab and type “Mirae Asset Global X Artificial Intelligence & Technology ETF FOF – Direct” and click on the result.

AI Mutual Fund

 

3. Enter Investment Details:

Initiate the investment by specifying the amount and selecting the investment mode SIP or Lumpsum.

4. Complete the Transaction:

Once you’ve reviewed your investment details, proceed to complete the transaction. The app will guide you through the necessary steps, including confirming your order.

5. Payment:

Make the payment for your mutual fund investment. Zerodha usually allows users to invest in mutual funds directly from their linked bank accounts.

6. Monitor Your Investments:

After completing the transaction, you can monitor your mutual fund investments within the Coin app. The app provides insights into the performance of your investments and allows you to track your portfolio. 

As you embark on your mutual fund investment journey, remember that it’s not just about numbers on a screen; it’s about realizing your financial dreams. Each investment you make is a step towards a more secure and prosperous future.

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Disclaimer:

The information provided in this finance blog is for general informational purposes only. It does not constitute financial advice, and readers are encouraged to consult with a qualified financial advisor for personalized guidance. The author is not liable for any financial decisions or actions taken based on the content of this blog. Investments involve risks, and past performance is not indicative of future results. Always conduct thorough research and consider your individual financial circumstances before making any investment decisions.

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