Generative AI has been a subject that’s impossible to avoid on Wall Street for more than a year — and it’s unlikely to fade away anytime soon. In some ways, however, 2024 may prove to be a more pivotal year for AI than 2023 was. With OpenAI’s ChatGPT launching in late November 2022, many stakeholders last year were largely content to listen about how technology companies were approaching generative AI and see new products or services that enable or integrate the buzzy technology. But this year, the pressure is likely to mount on companies — like Club name Salesforce — to start showing financial benefits from their AI efforts. The focus will change to profits from potential. Salesforce is just one of many stocks in the portfolio that are investing fHeavil in developing and implementing AI initiatives aimed at fueling growth. Broadcom is another. And each of our Significant Six stocks — Microsoft, Meta Platforms, Google parent Alphabet, Amazon, Nvidia and Apple — are making big investments in AI, with the latter doing so in a more under-the-radar fashion. To help you build a deeper knowledge of the underlying technology that’s dominating the conversation from Silicon Valley to Wall Street and Main Street, we put together a list of 20 artificial intelligence terms that are important for investors to understand. We’ve enlisted two experts in the field to help us define and explain the AI jargon. Let’s start with the most basic level. What does AI even mean?