Artificial General Intelligence (AGI) is expected to grow substantially in the new year, according to OpenAI CEO Sam Altman. He added that “things were moving faster than expected and that the path to AGI was ‘basically clear,’” as quoted by TomsGuide.com.
Even better, according to SNS Insider Research, the Artificial General Intelligence market – valued at $3.01 billion in 2023 – is estimated to reach $52 billion by 2032.
“The rapid development in machine learning, deep learning, and the rise of powerful computing infrastructure are key factors driving the demand for AGI solutions across the globe. Businesses are increasingly looking for solutions that can perform tasks typically requiring human intelligence, such as reasoning, problem-solving, and understanding natural language,” they added.
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That being said, investors may want to keep an eye on stocks, such as: As one of the leaders of the AI boom, the company has an optimistic view on the future of artificial intelligence and artificial general intelligence. In fact, according to WallStreetPit.com, the company believes “that the technological landscape is on the brink of significant breakthroughs that could revolutionize how we interact with and utilize AI in daily life.” |
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Company: VERSES AI (SYM: VRSSF) At just 32 cents, VERSES is worth keeping an eye on. The company is taking a different approach to building an Artificial General Intelligence (AGI) model. Rather than take the “scale up” approach, VERSES AI is modeling technology after nature’s blueprint. In contrast to the “artificial” approaches to intelligence. |
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ETF: Vanguard Information Technology ETF (SYM: VGT) With an expense ratio of 0.10%, the VGT ETF is one of the standout ETFs to buy and hold with the artificial intelligence boom. At the moment, the ETF holds big positions in semiconductor manufacturers and hardware companies. All of which exposes it to AI and AGI development. Some of its top 316 tech stock holdings include Apple, Nvidia, Microsoft, Broadcom, Oracle, Cisco and Adobe to name just a few. |
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