IBM Stock Price Target Raised: Will AI Drive Future Success?

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We recently published a list of Top 10 Trending AI Stocks on Wall Street. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other top trending AI stocks on Wall Street.

President Donald Trump has recently announced a private sector investment to build more AI data centers, marking yet another effort by the US government to stay ahead in the race for supremacy in artificial intelligence.

A prominent player in the field has been OpenAI, the artificial intelligence startup known to have started the AI arms race in the first place. In its latest, OpenAI has recently previewed an AI agent that can carry out tasks on the web for users. This move seeks to enhance its chatbot amidst intensifying competition.

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Dubbed the “Operator”, the tool is powered by a model that allows it to interact with on-screen buttons, menus, and text fields.

“This capability marks the next step in AI development, allowing models to use the same tools humans rely on daily and opening the door to a vast range of new applications”.

OpenAI says Operator is “an agent that can go to the web to perform tasks for you”. As such, companies are increasingly using agents like these to assist in tasks and execute actions without direct human intervention. Currently available to Pro users in the US, the Operator can perform numerous tasks, such as creating to-do lists or assisting in planning vacations.

The company states that it eventually plans to expand the Operator to Plus, Team, and Enterprise users and will be integrating Operator into ChatGPT. It also revealed how the tool currently faces trouble with some tasks, such as managing calendars and creating slideshows.

“Operator is one of our first agents, which are AIs capable of doing work for you independently. You give it a task and it will execute it”.

Based on trends in artificial intelligence, agents are the next big advancement in the AI field. Even Nvidia CEO Jensen Huang agrees that they are. Artificial Intelligence agents are autonomous intelligent systems that can perform specific tasks without human intervention.

“AI agents are going to get deployed. I think this year we’re going to see it take off”.

According to him, areas such as software engineering, digital marketing, and customer service are the first where AI agents can add value. As for his company, it is already using AI agents in chip design.