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Artificial Intelligence (AI) Market Projected to Reach $473.53 Billion by 2033; IBM Pioneer Donates to Syracuse University for AI Researcher Position; Top AI Stocks to Consider

The artificial intelligence (AI) in hardware market is expected to grow significantly over the next decade. According to a report by YAHOO!Finance, the market was valued at USD 53.71 billion in 2023 and is projected to reach around USD 473.53 billion by 2033, growing at a compound annual growth rate (CAGR) of 24.5% from 2024 to 2033.

In other news related to AI, Syracuse University has received a $1.5 million gift from an IBM pioneer to fund an artificial intelligence post, syracuse.com on MSN.com reports. The university aims to bring a “preeminent researcher and educator” in AI to campus with this gift.

For investors looking to capitalize on the growth of AI, The Motley Fool on MSN.com recommends considering Palantir Technologies (NYSE: PLTR) and Super Micro Computer (NASDAQ: SMCI) as top AI stocks to buy right now.

In summary, the artificial intelligence in hardware market is poised for significant growth over the next decade, with the market size projected to reach around USD 473.53 billion by 2033. Syracuse University has received a $1.5 million gift from an IBM pioneer to fund an AI post, and investors looking to invest in AI can consider Palantir Technologies (NYSE: PLTR) and Super Micro Computer (NASDAQ: SMCI) as top stocks to buy right now.

More information, please check below news source:

Artificial Intelligence (AI) in Hardware Market Size to Reach USD 473.53 Bn By 2033
(YAHOO!Finance)
The global artificial intelligence (AI) in hardware market size was estimated at USD 53.71 billion in 2023 and is anticipated to reach around USD 473.53 billion by 2033, expanding at a double-digit CAGR of 24.5% from 2024 to 2033.
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Computer innovator’s gift to Syracuse University will fund artificial intelligence post
(syracuse.com on MSN.com)
Syracuse, N.Y. — Syracuse University aims to use an IBM pioneer’s $1.5 million gift to bring a “preeminent researcher and educator” in artificial intelligence to campus.
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Here Are My Top Artificial Intelligence (AI) Stocks to Buy Right Now
(The Motley Fool on MSN.com)
With artificial intelligence (AI) emerging as a hot investment theme of the decade, investors can consider picking a small stake in Palantir Technologies (NYSE: PLTR) and Super Micro Computer (NASDAQ: SMCI).
Read More
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