10 AI Stocks in the Spotlight This Week

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CEO Morten Wierod from Switzerland’s ABB is “very confident” about the potential demand from data centers that power artificial intelligence.

Weirod told Reuters how the company has witnessed double-digit percentage growth this year for its electrification products. This demand is driven by data centers being built to meet AI and cloud computing demand.

“Over the next five years I am very confident about demand from data centers. I don’t think there is a bubble, but we do see do see some constraints in terms of construction capacity not keeping up with all the new investments”.

“We are talking about trillions in investment. That will take a few years to implement because there is not enough people and resources to build all this.”

Wierod believes that since AI is still in its early stages, there is still room for growth in data center demand.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q2 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).

10. SoundHound AI, Inc. (NASDAQ:SOUN)

Number of Hedge Fund Holders: 18

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the 10 AI Stocks in the Spotlight This Week. On October 16, H.C. Wainwright raised its price target on the stock to $26.00 from $18.00 while maintaining a “Buy” rating on the stock.

ShoundHound shares are up 7.9% in 2025, underperforming the Russell 2000’s 13.0% gain. The firm predicts “material outperformance” in the coming periods, with third-quarter results in November potentially serving as a catalyst.

As per the analysts, the company’s 2026 Street revenue forecasts do not include any contribution from the recent acquisition of Interactions Corporation. The acquisition will likely contribute materially in 2026.

SoundHound AI, Inc. (NASDAQ:SOUN) is a voice artificial intelligence company offering voice AI solutions to businesses.

9. CoreWeave, Inc. (NASDAQ:CRWV)

Number of Hedge Fund Holders: 29

CoreWeave, Inc. (NASDAQ:CRWV) is one of the 10 AI Stocks in the Spotlight This Week. On October 17, Morgan Stanley reiterated the stock as “Equal Weight,” stating that it is cautious ahead of CoreWeave earnings in November.

“We see a high likelihood of a strong beat versus guidance and consensus, but a more difficult path when it comes to outperforming loftier investor expectations, keeping us Equal-weight.”

CoreWeave, Inc. (NASDAQ:CRWV) is a cloud platform provider that provides equipment for AI and other computing purposes.

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