5 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds

  1. Amazon.com Inc. (Nasdaq:AMZN)
  2. Number of Hedge Fund Investors In Q2 2023: 283

    Amazon.com, Inc. (Nasdaq:AMZN) is empowering the e-commerce sector with its best artificial intelligence (AI) service offering. Its Amazon Web Service offers different artificial intelligence (AI) services across multiple categories including computer vision, automated data extraction and analysis, and language AI. Amazon.com, Inc. (Nasdaq:AMZN) utilized AI-generated tools to write and list product descriptions to enhance customers’ understanding. Its Amazon Lex AI has advanced natural language models.

    Insider Monkey took a look at hedge fund portfolios for Amazon.com, Inc. (Nasdaq:AMZN) second quarter of 2023 investments and found out that 283 funds had a stake in the company. Citadel Investment was the firm’s largest shareholder owning roughly 33.8 million shares for about $4.4 billion of Amazon.com, Inc. (Nasdaq:AMZN).