Prediction: This Artificial Intelligence (AI) Stock Could Double Before 2026 Ends
This AI stock looks too cheap to ignore.
Overview
If you think Tesla is an electric vehicle (EV) stock, think again. That company is now one of the largest artificial intelligence (AI) stocks in the world. In fact, AI is likely a much bigger contributor to the company's $1.3 trillion valuation than automobile manufacturing.
Tesla's massive valuation and status as a bona fide AI stock are due to several factors. The biggest factor, however, is the promise of self-driving vehicles.
Details
Autonomous driving software is rapidly advancing thanks to artificial intelligence technologies. Experts agree that robotaxis should become a multitrillion-dollar opportunity globally. Whichever automaker cracks the code of full autonomy using AI, therefore, will win big. And Tesla arguably has one of the most advanced self-driving systems in the world.
Source
Originally published at www.fool.com.