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.
8. Rezolve AI PLC (NASDAQ:RZLV)
Number of Billionaire Stakes: 8
Upside Potential as of July 10: 102.41%
Stock Price as of July 10: $2.49
Rezolve AI PLC (NASDAQ:RZLV) is one of the most popular AI penny stocks to buy according to billionaires. On June 26, the company announced the creation of Rezolve Ai Professional Services, a global growth platform to meet rising demand in the enterprise AI services market.
The company appointed Sauvik Banerjjee to lead the division’s efforts. Banerjjee, formerly the Global Commerce Head at Accenture and a founder and CTO at Tata Digital, is now the President of Rezolve Ai Global Professional Services and Chief Digital Officer. The new division will provide a range of services designed to help enterprises effectively integrate and utilize Rezolve’s “Brain Suite” AI technology. These services include C-suite advisory on AI roadmaps, data and architecture readiness assessments, tailored “Brain Suite” model training and integration, as well as change management and continuous optimization.
The creation of this division follows Rezolve’s achievement of $70 million in Annual Recurring Revenue (ARR) ahead of schedule, with expectations to exceed $100 million ARR by the end of 2025. The company’s platform currently supports over 50 enterprise customers and engages 16.5 million monthly active users across 42 million devices.
Rezolve AI PLC (NASDAQ:RZLV) provides generative AI solutions specifically designed for the retail and e-commerce sectors. Its platform enables real-time consumer engagement across millions of devices, powering dynamic search, personalized promotions, and transactional experiences.
7. Spectral AI, Inc. (NASDAQ:MDAI)
Number of Billionaire Stakes: 8
Upside Potential as of July 10: 27.39%
Stock Price as of July 10: $3.14
Spectral AI, Inc. (NASDAQ:MDAI) is one of the most popular AI penny stocks to buy according to billionaires. On June 30, Spectral AI (NASDAQ:MDAI) submitted a De Novo 510k application to the FDA for its DeepView System, a non-invasive diagnostic tool that uses multispectral imaging and proprietary AI to predict burn wound healing.
Designed for use in emergency departments and burn centers, the system provides clinicians with same-day and week-long injury assessments to guide early treatment decisions. Due to its novel approach and lack of an existing equivalent device, the company is pursuing FDA clearance through the De Novo pathway.
Company Chairman Dr. J. Michael DiMaio called the submission a major milestone for bringing DeepView to market and improving patient outcomes. Supported in part by federal funding from BARDA and the U.S. Department of Health and Human Services, the project has received multiple development contracts since 2013, reflecting ongoing public-sector support for the technology’s advancement.
Spectral AI, Inc. (NASDAQ:MDAI) is a Dallas-based medical technology company specializing in predictive diagnostics powered by AI. Its flagship product, the DeepView System, uses proprietary AI algorithms to assess wound healing potential. The platform has received Breakthrough Device Designation from the FDA and is undergoing regulatory review.
6. Perfect Corp. (NYSE:PERF)
Number of Billionaire Stakes: 10
Upside Potential as of July 10: 60.26%
Stock Price as of July 10: $2.34
Perfect Corp. (NYSE:PERF) is one of the most popular AI penny stocks to buy according to billionaires. On June 27, Perfect Corp. announced it had won the “Best Outcomes, Customer Experience” award at the Newsweek AI Impact Awards for its Real-Time Skin Analysis technology.
The AI-powered solution allows users to instantly assess their skin health through advanced imaging and deep learning, helping consumers make informed skin care choices anytime, anywhere.
Trained on over 70,000 medical-grade images, the platform detects key skin concerns such as wrinkles, acne, and moisture levels, delivering personalized recommendations. The award highlights Perfect Corp.’s impact on customer engagement and showcases how AI is transforming the beauty industry with precise, user-centric innovations.
Perfect Corp. (NYSE:PERF) is a Taiwan-based AI and augmented reality company transforming the beauty and fashion industries through its “Beautiful AI” innovations. Its technology powers hyper-realistic virtual try-ons, AI-driven skin diagnostics, and generative tools for makeup, hairstyles, and fashion accessories.
5. SES AI Corporation (NYSE:SES)
Number of Billionaire Stakes: 12
Upside Potential as of July 10: 124.97%
Stock Price as of July 10: $0.89
SES AI Corporation (NYSE:SES) is one of the most popular AI penny stocks to buy according to billionaires. On July 9, the company released an update to its “Molecular Universe” platform, introducing a new feature called “Deep Space.” This update, version MU-0.5, is designed to significantly accelerate battery research and development.
Molecular Universe is SES AI’s battery material discovery software and service platform. According to the company, the tool “maps the vast universe of small molecules” relevant to battery chemistry. The platform uses AI and physics to create a searchable database of molecular structures and properties. It aims to fast-track battery research and development by allowing researchers to explore a wide range of potential electrolyte materials.
The new “Deep Space” is an “agentic capability” built within MU-0.5. It functions as a team of large language model (LLM) agents that conduct “senior scientist-level battery research,” the company stated. Deep Space is intended for “intense, focused deep research” aimed at developing “real commercial product outcomes” rather than just providing answers to general inquiries. It can analyze complex battery questions and recommend electrolyte formulations for different cell chemistries, which can be ranked by performance, novelty, or cost, based on user preferences.
SES AI Corporation (NYSE:SES) develops AI-enhanced lithium metal and lithium-ion battery technologies for electric vehicles, drones, robotics, and energy storage systems. Headquartered in Massachusetts, the company integrates AI across its R&D and manufacturing workflows, including its proprietary Molecular Universe platform.
4. Lantronix, Inc. (NASDAQ:LTRX)
Number of Billionaire Stakes: 13
Upside Potential as of July 10: 56.77%
Stock Price as of July 10: $3.03
Lantronix, Inc. (NASDAQ:LTRX) is one of the most popular AI penny stocks to buy according to billionaires. On June 30, the company expanded its Board of Directors after finalizing a cooperation agreement with an investor group. The investor group comprises Emre Aciksoz, Haluk L. Bayraktar, and Chain of Lakes Investment Fund LLC.
Under the terms of the agreement, James C. Auker was appointed to the Lantronix Board of Directors and will be nominated for election at the company’s 2025 Annual Meeting of Stockholders. The agreement stipulates that the size of the Board will be increased from five to six directors with Auker’s appointment. On their part, the investor group agreed to customary standstill and voting commitments to support cooperative governance and management practices.
The agreement aims to enhance shareholder value through strategic collaboration and cooperation. Further, Lantronix committed to engage a financial advisor within 60 days of Auker’s appointment to explore opportunities for value creation.
Lantronix, Inc. (NASDAQ:LTRX) is a global provider of compute and connectivity solutions for IoT and Edge AI applications. Its portfolio includes AI-enabled gateways, embedded systems, and camera modules designed for smart cities, industrial automation, and autonomous navigation.
3. 8×8, Inc. (NASDAQ:EGHT)
Number of Billionaire Stakes: 16
Upside Potential as of July 10: 7.48%
Stock Price as of July 10: $2.14
8×8, Inc. (NASDAQ:EGHT) is one of the most popular AI penny stocks to buy according to billionaires. On June 24, the company introduced a new omnichannel authentication service named 8×8 Verif8. 8×8 Verif8 is a One-Time Password (OTP) authentication solution designed to enhance security across SMS, voice, and Viber platforms for businesses of all sizes.
According to 8×8, the Verif8 solution addresses a 44% year-over-year increase in global cyberattacks. It aims to provide secure, real-time authentication without requiring complex infrastructure or extensive development resources. Some of the key features include self-service onboarding, pre-approved Sender IDs, and easy API integration. It also supports OTP delivery via SMS, voice, and Viber, and provides pre-built templates in 43 languages and ready-to-use Sender IDs for immediate deployment.
Verif8 operates on 8×8’s Communications Platform as a Service (CPaaS) layer. It integrates with the broader 8×8 Platform for Customer Experience (CX), which combines contact center, unified communications, and CPaaS solutions to enable seamless and secure customer interactions across the entire customer journey.
8×8, Inc. (NASDAQ:EGHT) provides cloud-based communication solutions that unify contact center, voice, video, chat, and APIs into a single AI-powered platform for customer experience. Its Intelligent Customer Assistant leverages generative AI to automate digital and voice interactions.
2. Vuzix Corporation (NASDAQ:VUZI)
Number of Billionaire Stakes: 17
Upside Potential as of July 10: 16.28%
Stock Price as of July 10: $2.58
Vuzix Corporation (NASDAQ:VUZI) is one of the most popular AI penny stocks to buy according to billionaires. On June 30, the company announced that TranscribeGlass has placed follow-on orders for Vuzix Z100 smart glasses. TranscribeGlass is a startup that specializes in providing real-time transcription and captioning services for wearable devices.
According to Vuzix, the Vuzix Z100 is designed to be a “lightweight, fashion-forward prescription-ready smart glasses platform.” It features “Vuzix Waveguide Optics and micro-LED displays,” which are integrated into the lenses. The smart glasses are tailored for consumer applications and connectivity to a smartphone.
TranscribeGlass integrates its proprietary software with the smart glasses to offer “real-time transcription and captioning, bringing greater inclusivity to the hearing-impaired community.” This allows users to see live captions of conversations directly on the smart glass display. The TranscribeGlass solution features advanced speaker identification, enhancing usability in group conversations, such as lecture halls, meetings, or social gatherings. It eliminates the need for lip-reading or external transcription apps. Potential buyers will purchase the solution at an MSRP of $377, with a required $20 monthly subscription for the AI-powered transcription service. Prescription lens inserts are available for $110 through Lensology, and clip-on sunglasses cost $20.
Vuzix Corporation (NASDAQ:VUZI) designs and manufactures AI-powered smart glasses and augmented reality (AR) components for the enterprise, medical, defense, and consumer markets. Its wearable devices integrate waveguide optics and display engines to deliver hands-free, context-aware computing.
1. Stagwell Inc. (NASDAQ:STGW)
Number of Billionaire Stakes: 19
Upside Potential as of July 10: 61.61%
Stock Price as of July 10: $4.61
Stagwell Inc. (NASDAQ:STGW) is one of the most popular AI penny stocks to buy according to billionaires. On July 9, the company launched the Stagwell Media Platform (SMP). SMP is a centralized team of experts focused on global media, technology, and data investment. Its stated goal is to “create client advantage through a smarter use of scale in a fully addressable world.”
Stagwell detailed that SMP will rely on “agentic principles” to optimize trading and investment product solutions for the company’s global network of agencies and media partners. It will leverage Stagwell’s collective scale, technology, and partnerships to model, forecast, and optimize media investments. The platform aims to increase efficiency and improve client outcomes.
The company appointed Matt Adams to oversee SMP’s global affairs. However, Adams will continue in his role as Global Chief Operating Officer at Assembly Global, another Stagwell agency. On the other hand, Marissa Jimenez will become SMP’s Global Chief Trading and Solutions Officer as of July 14, 2025.
According to Mark Penn, Chairman and CEO of Stagwell, the SMP is “a big step forward in making the capabilities of our media and data investment solutions readily available for our partners and clients worldwide.” He added that it streamlines operations across Stagwell agencies.
Stagwell Inc. (NASDAQ:STGW) is a global marketing services company that integrates AI across its suite of digital tools to enhance creative, media, and communications workflows. Through its Stagwell Marketing Cloud platform, the company leverages generative and predictive AI to power applications like PRophet for content generation, CUE for audience insights, and SmartAssets for ad optimization.
While we acknowledge the potential of STGW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than STGW and that has 100x upside potential, check out our report about this cheapest AI stock.
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