Artificial intelligence (AI) has invaded Wall Street. It’s the hottest topic in the stock market since early last year, but the hype is justified.

Experts at Statista estimate that the AI ​​industry will be worth around $184 billion this year and is expected to reach more than $826 billion by 2030, an annual growth rate of nearly 30%.

These same experts identified machine learning as the most important contributor to the growth of AI. Machine learning makes AI feel intelligent, allowing it to analyze large amounts of data for trends and patterns.

Some top growth stocks have the potential to create life-changing wealth for investors over the long term. Remember: AI is probably still in its early chapters, so don’t assume it’s too late.

Consider these two potential millionaires AI Actions buy and hold for the long term:

Cybersecurity is not a new industry, but cyberattacks have become increasingly sophisticated and cause millions of dollars in damage. The raised stakes have created opportunities for next-generation security from companies like CrowdStrike Titles (NASDAQ:CRWD). The company’s Falcon XDR platform runs in the cloud, using machine learning to scan for potential cyber threats.

If you’re familiar with CrowdStrike, you may know that it released a faulty update over the summer that caused a global computer outage. It may take a few quarters to confirm that this embarrassing incident won’t hinder the company’s growth, but so far, so good. Management is forecasting revenue of just over $3.9 billion for its entire fiscal year, representing growth of 27% from the previous year.

The company specializes in endpoint security, but has continued to expand its platform. Management estimates that its total addressable market will reach $250 billion by 2029. In other words, CrowdStrike still only has about 1.5% of its market in the long term.

And the business is already very profitable. It generated $1.1 billion in free cash flow over the last four quarters, swelling its balance sheet to about $3.5 billion in cash (net of debt). These are the ingredients of a company that will ultimately increase shareholder returns by gobbling up stock with stock buybacks.

The stock is not cheap; The stock trades significantly higher than its industry peers, as measured by company value relative to revenue. Therefore, consider buying slowly and becoming more aggressive when the market as a whole declines at any given point. CrowdStrike is a long-term winner with a potentially decades-long growth runway that could make long-term investors very rich.