Dan Ives believes Apple and Microsoft will be $4 trillion companies by the end of 2025. Apple CEO Tim Cook believes Apple Intelligence will usher in a new era for the iPhone. Microsoft's AI business is on track to generate $10 billion in revenue next quarter.

Investors can, however, get a clue from one of Amazon's competitors: Microsoft, another leader in cloud computing and AI. Microsoft recently said its AI business will hit a $10 billion run rate next quarter.

There will never be another year like 2024 again for artificial intelligence. Throughout the year, obscure product demos became household names. People started to really zero in on using non-human sentient agents for problems like climate change. We also saw radical changes in the infrastructure behind these models.

Artificial intelligence has been a hot market throughout 2024. AI fueled the surge in share price for companies such as Nvidia, which saw its stock rise nearly 180% over the past year through Dec. 31.

Artificial intelligence (AI) has been one of the biggest themes on Wall Street for several quarters. The Trade Desk (NASDAQ: TTD) saw a solid year in 2024, as its shares advanced more than 60%. In its most recent quarter (the three months ending on Sept.