5 Best Artificial Intelligence Small Cap Stocks To Buy

1. iRobot Corporation (NASDAQ:IRBT)

Market Cap: $2.60 Billion

iRobot Corporation (NASDAQ:IRBT) is a company that was founded in 1990 by three MIT graduates and is known for its consumer robots for inside and outside the house. It’s most well known product are autonomous vacuum cleaners Roomba, but the company also makes autonomous floor moppers Braava, and swimming-pool cleaners Verro. However, iRobot Corporation (NASDAQ:IRBT) is also engaged in developing robots for military use. It has developed autonomous robots that can be used in bomb disposal, transporation, and surveilance. In addition, it is currently working on its SWARM artificial intelligence project that is engaged in developing algorithms to control swarms of individual robots. Among the funds we track at Insider Monkey, there were 15 investors long iRobot Corporation (NASDAQ:IRBT) at the end of June, up from 13 funds a quarter earlier.