In this article, we discuss 12 AI news and ratings investors probably missed.

AI is transforming industries at a very fast pace, with businesses integrating AI agents to improve efficiency and customer interactions. Bret Taylor, co-founder of Sierra and chairman of OpenAI’s board, discussed the significance of Western leadership in AI innovation, the evolving role of AI in businesses, and the growing competition in the global market in a CNBC interview on March 6.

AI Advancements and the Importance of Western Leadership

Bret Taylor emphasized the need for the Western world to lead in AI innovation, pointing toward its impact on businesses and society. He compared AI agents to past technological shifts like websites and mobile apps, predicting that AI-driven customer interactions will soon become standard. He explained the AI market as having two main components including infrastructure providers like OpenAI, which builds foundational models, and application developers such as Sierra, Harvey, and Cursor, which create AI-driven solutions for industries like customer service, legal, and software development.

Taylor also acknowledged the global competition and that many countries are investing in AI but stressed that Western leadership is crucial to ensure AI models reflect values like freedom and self-expression. While European governments seek more technological independence due to geopolitical factors, he sees a strong demand for US-based AI solutions in Europe and remains optimistic about collaboration. He also views the declining costs of AI as a driver for wider adoption, making advanced AI applications more accessible.

Finally, Taylor discussed the broader implications of AI, as he envisions it transforming education with personalized tutoring, improving healthcare accessibility, and improving industries like software engineering and customer service. He remains optimistic about AI’s societal benefits despite concerns about rapid adoption. Lastly, he highlighted the importance of continued investment in U.S. AI infrastructure, such as Stargate, to support future advancements in AI research and deployment.

For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s Q4 database of over 1000 hedge funds.

At Insider Monkey we are obsessed with 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).

12. authID Inc. (NASDAQ:AUID)

Number of Hedge Fund Holders: 1

authID Inc. (NASDAQ:AUID) provides biometric identity verification and passwordless authentication solutions for consumers and businesses through its Verified platform.

On March 6, authID released a whitepaper, Deepfake Countermeasures, outlining strategies to combat deepfake fraud in digital authentication. The report highlights how AI-generated deepfakes can bypass traditional security measures and details authID’s multi-layered detection system, which ensures a billion-to-one false-match accuracy rate.

The company’s technology verifies liveness to prevent spoofing attacks, offering rapid and precise authentication. The whitepaper also covers deepfake attack methods, authID’s advanced detection techniques, and enterprise strategies for mitigating AI-driven fraud. Additionally, it introduced PrivacyKey, a biometric authentication solution that improves security while protecting user privacy.

11. Enveric Biosciences, Inc. (NASDAQ:ENVB)

Number of Hedge Fund Holders: 1

Enveric Biosciences, Inc. (NASDAQ:ENVB) develops small-molecule therapeutics for anxiety, depression, addiction, pain, and cancer, including psilocybin and cannabinoid-based treatments.

On March 6, Enveric announced that it is seeking proposals for the licensing or sale of its PsyAI trademark portfolio, which is no longer a strategic asset due to the company’s focus on developing EB-003, a neuroplastogen for treating neuropsychiatric conditions. The portfolio is held by Enveric’s Canadian subsidiary and was initially intended for AI-driven medical research applications. Given the rising demand for AI in healthcare, the company sees potential value in the PsyAI mark for industries integrating AI with psychiatric medicine.

10. Everspin Technologies, Inc. (NASDAQ:MRAM)

Number of Hedge Fund Holders: 5

Everspin Technologies, Inc. (NASDAQ:MRAM) manufactures and sells Magnetoresistive Random Access Memory (MRAM) products for industrial, medical, automotive, aerospace, and data center applications.

On March 6, Everspin announced that it was awarded a contract to collaborate with a Purdue University-led consortium on the CHEETA program, which integrates MRAM with CMOS for energy-efficient AI computing. The contract is potentially worth up to $10.5 million over four years and includes an initial phase valued at approximately $4 million. Everspin’s MRAM technology developed over nearly two decades and is now being utilized for advanced computing solutions. The project focuses on using MRAM-based In-Memory Compute to significantly reduce power consumption and latency in AI accelerators. Everspin’s AgILYST MRAM aims to improve AI performance and redefine memory architecture for next-generation computing.