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The nine Cedears that you can buy if you want to start investing in AI

The nine Cedears that you can buy if you want to start investing in AI

Artificial intelligence is the most important technology of the 21st century but since Since the ChatGPT artificial intelligence (AI) robot was launched in November 2022 by the company OpenAI, the markets began to pay much more attention to the advancement of this sector.

Many tech companies started their own path to develop different AIs. But how to invest from Argentina? The Cedears are mirror shares of companies listed abroad and that can be bought in pesos on the local stock market and are tied to the price of the Cash with Liquidation dollar.

A report from Invest On Line highlighted 9 Cedears of companies investing in AI.

Amazon ($AMZN)

The Amazon website (Amazon.com) is basing a large part of its business on machine learning systems, which is absolutely essential, since without this technology it could not expand its business, improve the experience and selection of customers , and optimize logistics speed and quality.

Baidu ($BIDU)

It is a Beijing-based Chinese-language search engine founded in late 1999 by Robin Li and Eric Xu. Its design is similar to that of Google and includes the possibility of searching for news, images and songs, among other functions.

Google ($GOOG)

Known for its deep learning tools that improve speech recognition and search engine suggestions, the tech company is expanding its research and developing tools for a variety of industries ranging from healthcare to environmental disaster management.

John Deere ($DE)

Though not often thought of as a traditional tech company, John Deere, one of the world’s largest agribusiness companies, uses AI to automate its farm equipment. It started part of the transformation process about 5 years ago, when it acquired agricultural artificial intelligence company Blue River Technology in 2017.

Netflix ($NFLX)

The company uses artificial intelligence and advanced learning to understand the personal tastes and preferences of each subscriber in order to be able to recommend the ideal content library for each profile, which includes everything from category to specific movies.

Nvidia ($NVDA)

The company uses its line of artificial intelligence platforms to power autonomous vehicles, help drones act autonomously, and function as an image processing tool for medical imaging equipment.

Salesforce ($CRM)

It is a cloud computing company that develops custom customer relationship management (CRM) software and tools. The company uses AI to predict and automate processes that help sales, marketing, and analytics teams craft their messages more accurately and accurately forecast results.

Microsoft ($MSFT)

Due to the enormous potential of OpenAI chat, Microsoft decided to invest $10 billion in the company, which has already exceeded 100 million monthly users in just two months, a record for any service. Obviously your business model is in jeopardy if ChatGPT continues to market you. For this reason, it decided to compete with Microsoft and developed Bard, the new ChatGPT competition.

Goal ($MTA)

At the beginning of February, coinciding with the presentation of its quarterly results, Marck Zuckerberg launched a notice to surfers, almost, almost a declaration of intent: Meta wants to be “a leader in generative Artificial Intelligence (AI).

Source: Ambito

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