13 Best Up and Coming Stocks to Invest In Now

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3. Coupang Inc. (NYSE:CPNG)

Number of Hedge Fund Holders: 80

Coupang Inc. (NYSE:CPNG) is one of the best up and coming stocks to invest in now. On July 2, Coupang announced the rebranding of its AI cloud computing service as Coupang Intelligent Cloud/CIC. This rebranding signifies an evolution of Coupang’s existing AI infrastructure, which has been used to enhance its internal services and operations.

CIC will now offer GPU-as-a-Service (GPUaaS) for Coupang’s internal applications, as well as for external clients like research organizations and startups. The service is supported by state-of-the-art data centers located in Seoul, South Korea.

These facilities are equipped with cutting-edge infrastructure and feature high-capacity power systems, advanced cooling technologies, redundant power architecture, and multi-network support. By offering CIC, Coupang will be able to monetize its compute resources.

Coupang Inc. (NYSE:CPNG) owns and operates retail businesses through its mobile applications and internet websites in South Korea and internationally.

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