The synthetic intelligence market had a banner yr in 2024, rising to $184 billion from $136 billion in 2023. The business is forecast to proceed increasing, reaching $827 billion by 2030.
Two companies positioned to capitalize on the expansion of synthetic intelligence (AI) are the telecom Verizon Communications (NYSE: VZ) and newcomer BigBear.ai (NYSE: BBAI). The previous’s potent 5G community can convey AI to your cellular gadgets. The latter makes use of the expertise to research a corporation’s knowledge and assist it make data-driven choices.
In some respects, the 2 companies are opposites of one another. Verizon is a mature firm with dependable however slow-growing gross sales. BigBear.ai is a younger firm, having gone public in December of 2021.
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