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Hut 8, Tempus AI, SentinelOne, Ambarella, Upstart, SoundHound AI, and C3.ai are the seven Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of publicly traded companies that develop, provide, or significantly use AI technologies, such as machine learning, generative AI, robotics, or AI-related hardware and software. These companies offer exposure to diverse AI applications including data-center infrastructure, precision medicine, cybersecurity, semiconductor processing, lending, voice assistants, and enterprise software. Investors should be aware that AI stocks can carry elevated risks such as high valuations, intense competition, rapid technological change, and regulatory uncertainty. These specific companies were chosen due to having the highest dollar trading volume among AI stocks in recent days.
MarketBeat identified seven AI-related stocks to watch: Hut 8, Tempus AI, SentinelOne, Ambarella, Upstart, SoundHound AI, and C3.ai, based on their recent dollar trading volume. The companies provide exposure to diverse AI applications, including data-center infrastructure, precision medicine, cybersecurity, semiconductor processing, lending, voice assistants, and enterprise software. Investors should note that AI stocks can carry elevated risks, including high valuations, intense competition, rapid technological change, and regulatory uncertainty. MarketBeat also previews its top five stocks to own in November.
Hut 8 Corp., along with its subsidiaries, is involved in acquiring, building, managing, and operating data centers for digital assets mining, computing, and artificial intelligence in the United States. The company operates across four main segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. Hut 8 provides essential infrastructure that underpins various AI and digital asset operations.
Tempus AI Inc. is a technology firm that advances precision medicine through the practical application of artificial intelligence, primarily within the healthcare sector. The company delivers AI-enabled precision medicine solutions to physicians, enabling personalized patient care, and simultaneously facilitates the discovery, development, and delivery of optimal therapeutic treatments. Tempus AI leverages AI to revolutionize medical diagnostics and patient-specific interventions.
SentinelOne, Inc. functions as a prominent cybersecurity provider in the United States and internationally. Its flagship Singularity Platform employs artificial intelligence to deliver autonomous threat prevention, detection, and response capabilities across an organization's various assets, including endpoints, cloud workloads, and identity credentials. This platform ensures seamless and autonomous protection against a wide spectrum of evolving cyber threats, highlighting its advanced AI in security.
Ambarella, Inc. specializes in developing semiconductor solutions that facilitate high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrate HD video processing, image processing, AI computer vision algorithms, audio processing, and essential system functions onto a single chip. This integration is designed to deliver superior video and image quality, diverse functionality, and efficient low power consumption for various applications.
Upstart Holdings, Inc., along with its subsidiaries, operates a sophisticated cloud-based artificial intelligence (AI) lending platform across the United States. Its comprehensive platform encompasses various loan types, including personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans. The primary function of this platform is to efficiently connect consumer demand for loans with a network of banks and credit unions, streamlining the lending process through AI-driven assessment.
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions designed to empower businesses across automotive, TV, IoT, and customer service industries. These solutions enable the delivery of high-quality conversational experiences to their customers. Key products include the Houndify platform, which offers a suite of tools for brands to build conversational voice assistants, featuring Application Programming Interfaces (API) for text and voice queries, support for custom commands, an extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics. Additionally, SoundHound Chat AI integrates knowledge domains and real-time data (like weather, sports, stocks, flight status, and restaurants), while SoundHound Smart Answering provides custom AI-powered voice assistants for customer establishments.
C3.ai, Inc. operates as a leading enterprise artificial intelligence (AI) software company with a global presence across North America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers the C3 AI platform, an application development and runtime environment that allows customers to design, develop, and deploy sophisticated enterprise AI applications. Its offerings also include C3 AI Ex Machina for analysis-ready data, C3 AI CRM for industry-specific customer relationship management, and the C3 Generative AI Product Suite for efficient information location, retrieval, and presentation.
Before considering an investment in Hut 8, it's important to note MarketBeat's research. MarketBeat tracks Wall Street's top-rated and best-performing research analysts and their daily stock recommendations. While Hut 8 currently holds a Buy rating from analysts, MarketBeat has identified five other stocks that top analysts are suggesting to their clients as better buys right now, before the broader market recognizes their potential. Investors are encouraged to review these alternative opportunities.