11 AI Stocks That Will Go to the Moon

Page 10 of 10

1. ​Innodata Inc. (NASDAQ:INOD)

Stock Upside Potential: 146.75%

Number of Hedge Fund Holders: 21

Innodata Inc. (NASDAQ:INOD) is one of the AI stocks that will go to the moon. On January 29, Innodata Inc. (NASDAQ:INOD) was selected by Palantir to provide high-quality training data and data engineering services. The company is to provide specialized annotation, multimodal data engineering, and generative AI workflow support for select programs.

In addition, Innodata Inc teams are to work directly within Palantir’s development and deployment workflows to process highly complex data modalities, including video imagery and multimodal sensor data. The joint partnership seeks to enhance the development of sophisticated AI capabilities in computer vision and geospatial analytics.

The strategic partnerships underscore Innodata’s growing credibility as a trusted data engineering partners to leading artificial intelligence companies.

“Together, we are enabling next-generation enterprise AI deployments. Palantir’s requirements validate the investments we have made in domain-expert annotation, end-to-end generative-AI workflow enablement, rigorous quality systems, and secure global operations,” said Vinay Malkani, Senior Vice President, Innodata Federal.

Earlier, on January 20, Innodata secured a contract with the Missile Defense Agency for the Scalable Homeland Innovative Enterprise Layered Defense (SHIELD). The company is to compete for future task orders across research, development, engineering, and prototyping of missile defense systems.

​Innodata Inc. (NASDAQ:INOD) is a global data engineering company that specializes in preparing, annotating, and managing data to train artificial intelligence (AI) and machine learning (ML) models.

While we acknowledge the potential of INOD 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 INOD and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 High-Growth Industrial Stocks to Buy and 10 Best Emerging Markets Stocks to Buy Right Now.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 10 of 10