NTAR:CC - Five Top Artificial Intelligence Stocks to Buy in July

Generative Ai could addbetween $2.6 trillion and $4.4 trillion a year to the global economy. That’saccording to a new McKinsey report, which also said it could have a “significantimpact across all industry sectors. Banking, high tech, and life sciences areamong the industries that could see the biggest impact as a percentage of theirrevenues from generative AI.” In addition, as noted by ZDNet.com, One very importanttakeaway from the McKinsey report is this: "In addition to the potentialvalue generative AI can deliver in specific use cases, the technology coulddrive value across an entire organization by revolutionizing internal knowledgemanagement systems." All of which will serve as a positive catalystfor stocks, such as Nextech3D.AI (OTCQX: NEXCF)(CSE: NTAR), C3.AI Inc. (NYSE: AI), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD),and Palantir Technologies (NYSE:PLTR).

Even better, according to Mizuho Securities analyst James Lee, “Gen-AI is driving the next super cycle of cloud adoption that accelerates mass market migration over the next few years, since the new technology can only be efficiently deployed in the cloud.” In short, we’re looking at a massive game-changer for just about every industry in the world.

Look at Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR), For Example

Nextech3D.AI , a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers just announced that NexTech has filed to both formally change its name to Nextech3D.ai to better reflect its ongoing business and that the company had filed to list its common shares to the Nasdaq Capital Market. To this effect, the Company recently confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission for purposes of a potential future offering of its securities in the United States. The timing of any offering or listing on Nasdaq is uncertain and will depend on market conditions, among other things.

Other related developments from around the markets include:

C3.AI Inc., the Enterprise AI application software company, announced financial results for its fiscal fourth quarter and full fiscal year ended April 30, 2023. For the fiscal fourth quarter, the company said Total revenue for the quarter was $72.4 million. Subscription revenue for the quarter was $56.9 million, constituting 79% of revenue. GAAP gross profit for the quarter was $47.5 million, representing a 66% gross margin. Non-GAAP gross profit for the quarter was $53.9 million, representing a 74% non-GAAP gross margin. GAAP net loss per share was $(0.58). Non-GAAP net loss per share was $(0.13). It has $812.4 million in cash, cash equivalents, and investments, and positive free cash flow of $16.3 million.

Nvidia and WPP announced they are developing a content engine that harnesses NVIDIA Omniverse and AI to enable creative teams to produce high-quality commercial content faster, more efficiently and at scale while staying fully aligned with a client’s brand. The new engine connects an ecosystem of 3D design, manufacturing and creative supply chain tools, including those from Adobe and Getty Images, letting WPP’s artists and designers integrate 3D content creation with generative AI. This enables WPP's clients to reach consumers in highly personalized and engaging ways, while preserving the quality, accuracy and fidelity of their company’s brand identity, products and logos.

Advanced Micro Devices announced the AMD Versal™ Premium VP1902 adaptive system-on-chip (SoC), the world’s largest ¹ adaptive SoC. The VP1902 adaptive SoC is an emulation-class, chiplet-based device designed to streamline the verification of increasingly complex semiconductor designs. Offering 2X ² the capacity over the prior generation, designers can confidently innovate and validate application-specific integrated circuits (ASICs) and SoC designs to help bring next generation technologies to market faster. AI workloads are driving increased complexity in chipmaking, requiring next-generation solutions to develop the chips of tomorrow. FPGA-based emulation and prototyping provides the highest level of performance, allowing faster silicon verification and enabling developers to shift left in the design cycle and begin software development well before silicon tape-out. AMD, through Xilinx, brings over 17 years of leadership and six generations of the industry’s highest capacity emulation devices, which have nearly doubled in capacity each generation.

Palantir Technologies and Panasonic Energy Co., Ltd., a Panasonic Group Company, a global leader in high-quality lithium-ion batteries, today announced a multi-year partnership to deliver an operations "Smart Factory" for the Panasonic Energy of North America facility in Sparks, Nevada. The company has selected Palantir's Foundry to help integrate edge sensors across factory lines, introduce automated efficiencies and enable operational users on factory floors to leverage connected operations. The agreement expands Palantir's signature platform including artificial intelligence and edge capabilities in the manufacturing space.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Nextech3D.AI by Nextech3D.AI. We own ZERO shares of Nextech3D.AI. Please click here for disclaimer.

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