While artificial intelligence appears to be all the rage these days, investors may want to target a specific subsegment called generative AI stocks. According to McKinsey & Company, generative AI describes algorithms that can be used to create new content. These include audio, code, images, text, simulations, and videos. Another reason to consider bidding up generative AI companies to buy is the underlying lucrative market opportunity.
With digital innovations integrating into all areas of our lives, investors should target the best generative AI stocks to buy.
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