Back in the dot-com boom era, stock splits became commonplace in response to soaring share prices. Amid the current artificial intelligence (AI) boom, a similar pattern could be developing. Already, several AI companies have split their shares, and more splits could be on the way among the others that are trading at lofty prices.

In new and exciting fields like artificial intelligence (AI), it can be difficult to separate the good from the bad. From investment advisors to the companies themselves, there has been a slew of investigations and probes so far in 2024 scrutinizing the claims and promises of various AI tech players.

Generative AI is taking the world by storm. This groundbreaking technology is capable of creating new content, such as text, images, and even music, based on the patterns it learns from existing data.

Investors can own a slice of top artificial intelligence companies like Tesla, Nvidia, and Alphabet with this Ark Invest exchange-traded fund.

That massive gain was largely driven by the rapid expansion of the artificial intelligence (AI) market, which drove many companies to ramp up their purchases of the company's data center graphics processing units (GPUs) to process complex machine learning and AI applications.