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The distinction between an artificial intelligence (AI) stock and a non-AI company is increasingly blurred. Non-tech industries are rushing to adopt AI to revolutionize their business processes, discover new product lines, and increase operational efficiencies to boost their earnings margins. Several materials sector stocks are already reaping the benefits of an AI explosion. Barrick Gold (TSX: ABX), Lundin Mining (TSX:LUN), and Teck Resources (TSX:TECK.B) stocks are key examples of early adopters of AI in materials business lines. Here’s how AI is working to support their stock market valuations.
Barrick Gold stock: Riding on artificial intelligence to find a deep-Earth treasure
Gold mining giant Barrick Gold is a $41 billion technology company that happens to operate a gold mining business. Barrick Gold has been investing heavily in data science and automating its mining operations globally as far…
