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Emad Mostaque, the CEO of Stability AI, thinks the tech will truly take off next year. Think again: the AI hype cycle is just getting started — at least in the view of one top expert. But that's going to be far, far greater if Mostaque is right: he estimates 50% of all CEOs will make mention of AI by next year. But once that realization of AI at an enterprise level happens, it won't just help companies put the technology to good use. "You just need to have the right models in the right way to enable these outcomes that increase productivity," he said.
Persons: Mostaque, ChatGPT, Emad Mostaque, We're, he's, Michael Briest, Bard Organizations: UBS Locations: America, Silicon Valley
Here are 53 buy-rated stocks that will benefit from AI, and have at least 20% upside. Ironically, the UBS note was published just a day after one of the firm's own pundits, Art Cashin, compared the AI stock boom to the dot-com bubble. 53 buy-rated AI stocks to invest inIn the report, Briest and his colleagues put together a list of over 180 firms that will either be significantly helped or hurt by the continued growth of AI. Insider reviewed that list and highlighted the companies that will be positively impacted by AI, and have both a buy rating from UBS and at least 20% upside to the firm's price targets. Below are the 53 buy-rated companies that will be boosted by AI and have 20% upside or more from current levels, according to the price targets set by the UBS analyst that covers them.
Persons: Michael Briest, Cashin, it's, Briest Organizations: UBS, Accenture
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