Every few years there's a surge of renewed buzz around artificial intelligence. With the current hype around ChatGPT and its competitors, investors must be able to distinguish an exciting opportunity from an overhyped one. This week, Alphabet's Google announced a new conversational AI technology it will open up to public testing, called Bard, which would rival ChatGPT. Chinese search engine company Baidu revealed plans to launch its own ChatGPT-style "Ernie Bot.
Pro screened about a dozen AI funds — including the Global X Robotics & Artificial Intelligence ETF , the ARK Autonomous Technology & Robotics ETF and the First Trust Nasdaq Artificial Intelligence and Robotics ETF — using data from FactSet, for NYSE or Nasdaq listed AI plays. Each name in the list that follows has potential upside of about 35% or more, buy ratings from at least 60% of analysts and at least 10 analysts covering the stock.
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