Investors are navigating a buzz that echoes the dot-com era. Companies are increasingly branding themselves as AI stocks, with tech giants like Nvidia, Microsoft, Alphabet, Apple, and Adobe leading the charge. Even unexpected players, like human-resources leader Workday, have integrated AI and machine learning into their platforms.

However, not all that glitters is AI gold, as some companies merely repackage older data analytics tools under the AI umbrella for a PR boost. Distinguishing genuine AI stocks with substantial revenue growth from the rest requires a discerning eye.

AI, leveraging computer algorithms to mimic human learning and prediction abilities, primarily relies on two types of tools: "machine learning" and "deep learning networks." Tech titans such as Nvidia, Microsoft, Apple, and Alphabet have embraced AI, while Amazon is catching up in generative AI.

Other noteworthy AI stocks include Advanced Micro Devices, Accenture, and Salesforce. Nvidia, in particular, stands out with AI-driven growth, supplying processors for cloud computing and contributing to self-driving car technology.

The AI trend extends beyond established tech giants, with startups racing to develop AI chips for various applications. Companies like Apple, Alphabet, Microsoft, and Meta Platforms (formerly Facebook) are integrating AI into speech recognition, internet search, image classification, and diverse applications. Amazon has secured a pivotal position in AI through cloud computing and voice-activated digital assistants, notably Alexa.

Noteworthy players like Netflix and PayPal are embedding AI tools into their products to enhance user experience. As businesses across sectors, including finance, healthcare, energy, retail, and agriculture, invest in AI for productivity gains and strategic advantages, the AI market continues to expand.

Investors looking to navigate the AI landscape can explore options like the Global X Artificial Intelligence & Technology ETF (AIQ). Stay updated on the latest AI stocks and trends by bookmarking this page for ongoing coverage.