New AI-driven tools like ChatGPT and Midjourney have proven incredibly popular, and controversial, since they emerged in 2022. Despite ethical concerns and fears of jobs being lost to machines, proponents of AI point to a new era of increased productivity and innovation across multiple industries. Startups in the AI space are booming, and it seems venture capitalists are equally as enthused , resulting in billions being raised by AI companies and soaring valuations. Incumbent industry leaders are also rapidly transforming their AI capabilities as a means to automate and improve.

https://www.forbes.com/advisor/au/investing/investing-in-ai-stocks/

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