11 Best AI Stocks to Buy Under $5

6. 8×8, Inc. (NASDAQ:EGHT)

Share Price: $2.04

Number of Hedge Fund Holders: 18

8×8, Inc. (NASDAQ:EGHT) is one of the best AI stocks to buy under $5. On September 11, the company announced a strategic partnership with ULAP Networks. The partnership paves the way for the company to expand its customer experience platform into regulated markets.

As part of the collaboration, 8X8 is to integrate its global platform with ULAP Network’s cloud infrastructure and connectivity services in 113 countries. The integration should help address connectivity challenges that organizations face while operating in different regulatory environments.

8X8 has echoed the collaboration, reiterating that it is part of its several global initiatives planned for the year as it continues to expand its footprint.

“Global operations need more than just platforms – they need dependable connectivity that ensures every call, message, or interaction reaches its destination quickly and securely,” said Sam Wilson, Chief Executive Officer at 8×8. “By partnering with ULAP, we are ensuring that our customers don’t have to choose between global reach and local reliability.”

8×8, Inc. (NASDAQ:EGHT) integrates artificial intelligence into its unified platform for customer experience (CX) and unified communications (UC). It utilizes AI to enable personalized customer journeys, enhance operational excellence, provide valuable customer insights, and facilitate seamless team collaboration within its Contact Center.