11 Best AI Stocks to Buy Under $5

4. Wipro Limited (NYSE:WIT)

Share Price: $2.88

Number of Hedge Fund Holders: 19

Wipro Limited (NYSE:WIT) is one of the best AI stocks to buy under $5. On September 15, the company expanded its strategic partnership with CrowdStrike to launch Wipro CyberShield. The AI-powered, unified managed security service is designed to simplify and strengthen enterprise security solutions.

CyberShield MDR is designed to deliver industry-leading capabilities, providing enhanced visibility and AI-driven automation. It will also enable greater efficiency suited for organizations facing an overwhelming volume of alerts from various security tools.

Powered by CrowdStrike Falcon Next Gen SIEM, the Wipro AI-powered security solution is designed to address all the challenges associated with fragmented security solutions. By combining the Falcon Platform and AI-powered automation, it will supercharge threat detection and response across any network.

“Wipro’s CyberShield platform, powered by CrowdStrike’s AI-native product suites and strengthened by our security ecosystem will help enterprises contain threats swiftly and ensure continuity of digital operations,” said Tony Buffomante, Senior Vice President & Global Head – Cybersecurity & Risk Services, Wipro Limited.

Wipro Limited (NYSE:WIT) applies Artificial Intelligence (AI) and Machine Learning (ML) to develop custom solutions and platforms for various industries, focusing on driving business outcomes through intelligent automation. Its AI efforts include providing financial services solutions, offering AI-powered cybersecurity services, and partnering to build customized AI solutions for clients leveraging platforms.