Artificial intelligence, automation and robotics are disrupting virtually every industry. In the past year, the world has gotten a firsthand look at remarkable advances in AI technology, including OpenAI's ChatGPT AI chatbot, GitHub's Copilot AI code generation software and Google's Gemini AI model.

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Whether it be machine learning, large language models, smart applications and appliances, digital assistants, synthetic media software or autonomous vehicles, companies that aren't investing in AI products and services risk becoming obsolete. Countless companies stand to benefit from AI, but a handful of stocks have AI and automation as a central part of their businesses.

Here are 10 of the best AI stocks to buy, according to Argus Research:

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After announcing a $1 billion investment in OpenAI in 2019, Microsoft increased its investment to $13 billion in January 2023 and integrated ChatGPT into its Bing search engine shortly thereafter. In September 2023, Microsoft announced it is integrating its AI copilots into a single AI experience called Microsoft Copilot. Microsoft reported AI accounted for six percentage points of the 30% growth in its Azure and cloud services division in the fourth quarter. Analyst Joseph Bonner says Microsoft's cloud services and AI technology make it the premier business technology company. Argus has a "buy" rating and $475 price target for MSFT stock, which closed at $415.50 on March........

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