In this article, we will take a detailed look at the 10 Most Popular AI Penny Stocks to Buy According to Billionaires.
Artificial intelligence (AI) will create the world’s first trillionaire. And it won’t be someone who’s already rich: the first person to make $1,000,000,000,000 will be just one dude in the basement. These are billionaire Mark Cuban’s words, and, interestingly, he is not a lone voice.
Elon Musk, for example, is highly bullish on AI’s transformative potential, predicting it will lead to a “massively increased economy” within a decade. He believes that AI and robotics will create a surplus economy, with the valuations of AI companies potentially exceeding those of non-AI companies by a significant margin.
The billionaires’ words may sound far-fetched, but data supports them. MarketsandMarkets projects the AI market to grow from $371.71 billion in 2025 to $2,407.02 billion by 2032, at a CAGR of 30.6%.
With these trends in view, let’s look at the 10 Most Popular AI Penny Stocks to Buy According to Billionaires.
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Our Methodology
To create this list, we analyzed financial media reports and utilized stock screeners to curate the initial pool of candidates. We focused on AI stocks trading below $5 per share as of July 10, 2025. From this pool, we selected the 10 most compelling AI companies based on the interest of billionaire investors and favorable analyst sentiment. The final rankings are arranged in ascending order according to the number of billionaire investors holding positions in each stock.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Most Popular AI Penny Stocks to Buy According to Billionaires
10. Veritone, Inc. (NASDAQ:VERI)
Number of Billionaire Stakes: 6
Upside Potential as of July 10: 172.11%
Stock Price as of July 10: $1.47
Veritone, Inc. (NASDAQ:VERI) is one of the most popular AI penny stocks to buy according to billionaires. On June 25, the company won a sole-source contract from the Department of the Air Force to support the Air Force Office of Special Investigations (AFOSI). The contract, awarded on the day of announcement, spans one year with four additional option years.
The U.S. Air Force Office of Special Investigations (AFOSI) is using Veritone’s AI tools—aiWARE and iDEMS—to improve how it handles investigations and security tasks. These systems will help automate work, manage digital evidence faster, and track important data in real time. This will support the Department of Defense’s efforts to modernize law enforcement and strengthen national security, with AFOSI taking the lead in rolling out the technology.
Veritone, Inc. (NASDAQ:VERI), is an enterprise AI company. It develops and operates aiWARE, an AI operating system that transforms unstructured data into actionable intelligence. It serves sectors including media, public safety, and government.
9. Richtech Robotics Inc. (NASDAQ:RR)
Number of Billionaire Stakes: 7
Upside Potential as of July 10: 71.05%
Stock Price as of July 10: $1.90
Richtech Robotics Inc. (NASDAQ:RR) is one of the 10 most popular AI penny stocks to buy according to billionaires. On June 30, the company signed a sales agreement valued at over $4 million with Beijing Tongchuang Technology Development Co., Ltd. The transaction was complicated through Richtech’s Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.
According to Richtech, the deal includes the purchase, service, and software licensing of its ADAM, Scorpion, and Titan product lines. ADAM is an AI-powered barista robot capable of preparing beverages like coffee and boba tea. Scorpion is a service robot deployed in settings such as restaurants, while Titan is a heavy-duty robot designed for tasks like delivery in automotive repair settings.
The agreement is expected to boost Richtech’s fourth-quarter revenue for 2025 and generate recurring revenue through service and software licensing. Analysts project a 33% revenue growth for the fiscal year, with the company maintaining gross profit margins of nearly 75%.
Richtech Robotics Inc. (NASDAQ:RR) is a Nevada-based provider of AI-driven service robots tailored for hospitality, healthcare, and retail environments. Its product suite includes autonomous bartenders, delivery units, and beverage robots powered by proprietary AI systems.