
Since 2023, the investing world has been swept up by the artificial intelligence (AI) frenzy. According to Precedence Research, the AI market could grow at a 19% compounded annual rate between 2023 and 2032, reaching $2.6 trillion - and many industries appear set to benefit.
While the bigger players like Nvidia (NVDA), Amazon (AMZN), and Microsoft (MSFT) are among the more popular AI stocks to pick right now, some smaller pure-play AI companies, such as SoundHound AI (SOUN), also have the potential to win big.