MarketBeat highlights seven Artificial Intelligence (AI) stocks to watch today based on recent high dollar trading volume: Fermi, Hut 8, Tempus AI, SentinelOne, SoundHound AI, WhiteFiber, and Fluence Energy. These companies develop, use, or benefit from AI technologies such as machine learning, automation, and data analytics, and are considered to have significant growth potential in the stock market. This article identifies businesses poised for growth by leveraging AI to increase revenue, improve efficiency, or gain a competitive advantage.
MarketBeat identifies seven AI-related stocks—Fermi, Hut 8, Tempus AI, SentinelOne, SoundHound AI, WhiteFiber, and Fluence Energy—as top picks due to high recent trading volume. These companies cover diverse AI applications, including foundational infrastructure and data centers (Fermi, Hut 8, WhiteFiber), specialized AI in healthcare (Tempus AI), advanced cybersecurity solutions (SentinelOne), and innovative voice AI technologies (SoundHound AI). The selection also features companies that integrate AI into broader growth sectors like energy storage and renewables (Fluence Energy), emphasizing how AI investment opportunities extend beyond pure software into critical supporting infrastructure and varied industry applications. Additionally, MarketBeat provides a preview of its top five recommended stocks for the upcoming month of August.
Fermi is an advanced energy and hyperscaler development company with a core mission to power the artificial intelligence (AI) demands of the future. Purpose-built for the AI era, Fermi aims to deliver up to 11 gigawatts (GW) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses. The company projects that 1.1 GW of its power capacity will be operational by the end of 2026, positioning itself as a crucial infrastructure provider for the expanding AI industry.
Hut 8 Corp., along with its subsidiaries, is actively involved in acquiring, building, managing, and operating data centers across the United States. These data centers are designed to support digital assets mining, general computing, and artificial intelligence functionalities. The company's operations are structured into four distinct segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other services, demonstrating a broad engagement in the digital infrastructure space critical for AI development.
Tempus AI Inc. is a technology company at the forefront of advancing precision medicine through the practical application of artificial intelligence, primarily within the healthcare sector. The company's core offering involves providing AI-enabled precision medicine solutions to physicians, allowing them to deliver highly personalized patient care. Concurrently, Tempus AI facilitates the discovery, development, and efficient delivery of optimal therapeutics, aiming to revolutionize treatment approaches by leveraging cutting-edge AI insights.
SentinelOne, Inc. operates as a leading cybersecurity provider, serving clients both in the United States and internationally. Its flagship product, the Singularity Platform, is powered by artificial intelligence to deliver autonomous threat prevention, detection, and response capabilities. This comprehensive platform protects an organization's diverse digital assets, including endpoints, cloud workloads, and identity credentials, ensuring seamless and automated defense against a wide array of sophisticated cyber threats.
SoundHound AI, Inc. specializes in developing independent voice artificial intelligence (AI) solutions that empower businesses across various sectors, including automotive, TV, IoT, and customer service. These solutions enable companies to deliver high-quality conversational experiences to their customers. SoundHound AI's product portfolio includes the Houndify platform, a suite of tools for building conversational voice assistants with APIs for text and voice queries, support for custom commands, extensive content domains, SDK platforms, collaboration tools, diagnostic features, and built-in analytics. Additionally, SoundHound Chat AI integrates with knowledge domains to pull real-time data on weather, sports, stocks, flight status, and restaurants, while SoundHound Smart Answering offers custom AI-powered voice assistants for customer establishments.
WhiteFiber positions itself as a prominent provider of artificial intelligence (AI) infrastructure solutions. The company owns and operates high-performance computing (HPC) data centers and delivers cloud-based HPC graphics processing unit (GPU) services, referred to as 'cloud services.' These services are primarily tailored for customers involved in AI application development and machine learning (ML) development, forming what WhiteFiber terms its 'HPC Business.' This focus underscores its role in providing the essential computing backbone for advanced AI operations.
Fluence Energy, Inc., through its subsidiaries, provides a comprehensive suite of energy storage products and solutions, associated services, and artificial intelligence-enabled software-as-a-service products. These offerings are specifically designed for renewables and storage applications and are deployed across the Americas, Asia Pacific, Europe, the Middle East, and Africa. The company’s energy storage products feature integrated hardware, sophisticated software, and advanced digital intelligence, showcasing its commitment to innovating within the sustainable energy sector by leveraging AI.