A Wall Street Journal report on Friday said that Nvidia’s plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has been delayed. However, Nvidia Chief Executive Officer Jensen Huang has confirmed that the company will be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.”
“We will invest a great deal of money,” Huang told reporters while visiting Taipei on Saturday. “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.”
While Huang didn’t mention the exact amount the company might contribute but, did mention that the investment will be “huge.”
“Let Sam announce how much he’s going to raise — it’s for him to decide,” Huang said, adding that Altman is in the process of closing the round. “But we will definitely participate in the next round of financing because it’s such a good investment.”
Addressing the previous report that said Nvidia has stalled this OpenAI investment, Huang said, “That’s nonsense.” Nvidia has also announced plans to invest an additional $2 billion in CoreWeave Inc., a cloud computing provider and key customer.
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 Q3 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. C3.ai, Inc. (NYSE:AI)
Number of Hedge Fund Holders: 21
C3.ai, Inc. (NYSE:AI) is one of the 10 AI Stocks Making Waves on Wall Street. On January 30, BofA Securities analyst Brad Sills lowered the price target on the stock to $10.00 (from $14.00) while maintaining an “Underperform” rating. The firm sees weak growth visibility, peer discount, and limited upside until a clearer defensibility and growth path emerges.
BofA expressed concerns about C3.ai’s ability to maintain competitive differentiation in the AI category which is being attacked from all angles. The AI applications market is becoming increasingly crowded, which is shaking the company’s ability to sustain differentiation. Moreover, it believes that only time will tell whether C3.ai will become a significant share gainer in the AI space.
There is, however, another hurdle, which is that the company’s revenue growth and free cash flow profile may be negative for several more years. Until these metrics improve and C3.ai value proposition becomes long-term defensible, its shares will likely underperform its infrastructure software peers.
“Our $10 PO (was $14) is based on 2.7x (was 3.3x) EV/FY26E revenue, a discount to peers at 5.7x. We revise our multiple and estimates to reflect our updated view on growth potential, risks and peer multiple compression.”
C3.ai, Inc. (NYSE:AI) is an enterprise artificial intelligence (AI) software company involved in building and operating enterprise-scale AI applications and accelerating digital transformation.
9. SAP SE (NYSE:SAP)
Number of Hedge Fund Holders: 34
SAP SE (NYSE:SAP) is one of the 10 AI Stocks Making Waves on Wall Street. On January 30, Citizens analyst Patrick Walravens downgraded the stock from Market Outperform to Market Perform after CRB slowed to lowest rate in 9 quarters. Macro-driven uncertainties further pushed the firm to take a step back from its bullish view.
The rating downgrade follows the company’s disappointing fourth-quarter results. SAP reported “disappointing top-line results” with non-IFRS earnings per share of €1.62, exceeding consensus estimates of €1.51, and operating profit of €2.83 billion, higher than the expected €2.75 billion.
Even though it beat bottom-line expectations, its total revenue of €9.68 billion fell short of the €9.75 billion consensus. Meanwhile, cloud revenue reached €5.61 billion, missing the anticipated €5.64 billion.
Citizens noted that the most important has been current cloud backlog (CRB) growth, which slowed to 25% in constant currency, missing expectations and marking the slowest growth rate in nine quarters.
SAP said the significant slowdown was due to a deal mix weighted to “larger transformations, many of which include longer ramp periods or flexible structuring,” and “mounting geopolitical tensions [which] have led to many customers putting even more emphasis on exploring Sovereign SaaS options.”
All of this has left the stock “down ~15% on Thursday and down ~18% year to date, versus an increase of ~2% for the Russell 3000 and ~2% for the S&P 500.”
SAP SE (NYSE:SAP) is a leader in ERP software that leverages artificial intelligence to enhance its enterprise resource planning (ERP) solutions.
