These two companies are often seen as front-runners in the artificial intelligence (AI) arms race, so why are their stocks slumping?) Read More: Earn up to $845 cash back this year just by changing how you pay at Costco!

Investors won't have to pick winners and losers in the fast-moving artificial intelligence industry if they buy exchange-traded funds instead.

Nvidia (NASDAQ: NVDA) has been a pretty sure bet for investors over the past few years. The artificial intelligence (AI) chip giant has delivered triple-digit gains in earnings quarter after quarter,

According to McKinsey & Company, 72% of organizations worldwide have adopted artificial intelligence (AI) in at least one business function. That's up from 50% just two years ago, which highlights how quickly this technology is spreading throughout the corporate sector.