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15 Buzzing AI Stocks Making Headlines

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Power needs for artificial intelligence and cloud computing are expanding so rapidly that some data center campuses may use more electricity than entire cities, or even states, CNBC reports. Here is what Ali Fenn, president of Lancium, a company that secures land and power for data centers had to say about technology companies:

“Technology companies are in a “race of a lifetime to global dominance” in artificial intelligence. It’s frankly about national security and economic security. They’re going to keep spending because there’s no more profitable place to deploy capital”.

READ NOW: 15 AI Stocks to Watch: News and Analyst Ratings and 9 Buzzing AI Stocks to Watch on Latest News

As such, it is important to note that renewable energy isn’t going to be enough to meet their power needs. According to developers, natural gas will also have to play a role. In turn, this need will slow down the progress towards meeting carbon dioxide emission targets. Nat Sahlstrom, chief energy officer at Tract, a Denver-based company that secures land, infrastructure, and power resources for such facilities, further reveals how data center companies have already begun operating at a scale where they have started “tapping out against the existing utility infrastructure”.

In other news, Uber is reportedly building a fleet of gig workers for labeling data for AI models. The new data labeling division, known as Scaled Solutions, will have workers complete projects for the company’s internal business units as well as serve outside customers, including self-driving vehicle company Aurora Innovation and video game developer Niantic, according to a report from Bloomberg.  The ride-hailing company has started recruiting contractors in countries including the U.S., Canada, and India, among others.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.

Why are we interested in 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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

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15. Perfect Corp. (NYSE:PERF)

Number of Hedge Fund Holders: 9

Perfect Corp. (NYSE:PERF) is a leader in AI and AR-powered beauty technology solutions. On November 25, Perfect Corp. (NYSE:PERF) announced that it has partnered with Holidermie, a leading French skincare brand. The partnership will be integrating Perfect Corp.’s dermatologist-verified Skincare Pro AI Skin Analysis into Holidermie’s flagship retail locations. Available through iPads at Holidermie’s flagship store and Le Bon Marché Rive Gauche, customers will be able to enjoy AI-powered personalized skin care consultations like never before. The AI platform evaluates a customer on six key skin health indicators—including hydration, wrinkles, dark circles, acne, radiance & firmness, on order to deliver precise, high-resolution skin assessments.

“With the Skincare Pro AI Skin Analysis, we’re introducing a transformative level of precision and personalization to the skincare shopping experience, especially in Paris’ iconic retail hubs. Our partnership with Holidermie embodies our commitment to combining cutting-edge technology with science-backed solutions to enhance the customer journey”.

-Alice Chang, Founder and CEO of Perfect Corp.

14. Informatica Inc. (NYSE:INFA)

Number of Hedge Fund Holders: 22

Informatica Inc. (NYSE:INFA) is a leader in enterprise AI-powered cloud data management.

On November 26, Informatica Inc. (NYSE:INFA) announced that Informatica’s senior leadership team will be hosting a “Technology Talk” webcast emphasizing modern cloud data architectures. The webcast will delve into the transformation from traditional data warehouses to modern cloud data infrastructures, and learn how Informatica’s Intelligent Data Management Cloud™ platform (IDMC) drives the success of cloud data warehouses, lakes, and lake houses.  The team will also be discussing the role IDMC plays in current and emerging cloud data technologies. The live video webcast will be hosted on Tuesday, December 17, 2024, at 8:30 a.m. Pacific Time.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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