11 Best AI Stocks to Buy Under $5

7. Agora, Inc. (NASDAQ:API)

Share Price: $3.83

Number of Hedge Fund Holders: 15

Agora, Inc. (NASDAQ:API) is one of the best AI stocks to buy under $5. On September 10, the company announced plans to unveil advanced AR and AI video capabilities in partnership with Banuba. The new video capabilities are tailored for broadcasters and media platforms seeking immersive experiences.

The AR and AI capabilities will enable creators and broadcasters to present themselves in their best light and express themselves in new ways. Agora expects the latest tools to become part of a seamless, high-quality, and real-time video experience.

Agora and Banuba expect the new video capabilities to enable media companies to deliver engaging, expressive, and interactive video experiences in real-time.

“Video today is about more than entertainment. It’s a canvas for creativity and connection,” said Tony Zhao, CEO and Co-founder of Agora. “By integrating Banuba’s AR innovations into our real-time video stack, we’re giving developers and media brands the ability to deliver live experiences that are more exciting and engaging.”

Agora, Inc. (NASDAQ:API) provides a Real-Time Engagement Platform that integrates conversational AI, video, voice, and chat into applications, empowering developers with APIs to build interactive experiences for IoT and other devices. Agora Software focuses on conversational AI interfaces to make applications more user-friendly through natural language.