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The bullish momentum around artificial intelligence (AI) shows no signs of abating. Projected to contribute a massive $15.7 trillion to the global economy by 2030, it would be safe to say that the rally in quality AI stocks is expected to continue. However, most of the enthusiasm around AI so far has been centered around a handful of stocks, with industry leaders like Nvidia (NVDA), Microsoft (MSFT), Google (GOOGL) and Amazon (AMZN) enjoying outsized gains in their share prices due to their early foothold in the megatrend.
That's why growth-minded investors seeking to gain exposure to the sector are now on the hunt for companies that have not been in the AI limelight just yet, but are making strides in the space. One company that fits this description is cloud services provider Oracle (ORCL).