It's certainly no secret that many of the largest tech companies in the world have spent billions of dollars each year to rapidly scale up their artificial intelligence operations.
It looks like the race for global AI innovation is quickly shifting to the next heat. On August 7, OpenAI released its latest artificial intelligence model, GPT-5.
While some previously stable U.S. equity sectors saw some volatility due to macroeconomic uncertainty, one sector that has remained relatively steadfast is artificial intelligence. Many of the companies at the forefront of enabling AI progress, like Nvidia and Microsoft, continue to benefit as AI adoption increases.
New research is showcasing how corporate investment in AI likely won't be going away any time soon. Ernst & Young released its first AI Pulse Survey in July.
ALAI offers concentrated, growth-focused AI exposure, ideal for investors seeking active management beyond core index ETFs. I rate ALAI a Buy for those comfortable with its short track record and the fee hike risk after 2026. The ETF's top holdings, notably Nvidia, have driven recent outperformance versus other AI-themed ETFs since April 2024.
GAMR, ALAI, ARKX, PFI and ONLN shine as strong Q2 earnings lift sectors from gaming and AI to retail and aerospace.