5 Best Small Cap AI Stocks To Buy Now

4. Domo, Inc. (NASDAQ:DOMO)

Market Capitalization as of July 29: $617.08 million

Number of Hedge Fund Holders: 18

Headquartered in Silicon Slope, Utah, Domo, Inc. (NASDAQ: DOMO) operates as a prominent cloud software company, focusing on business intelligence tools and data visualization solutions. Domo, Inc. (NASDAQ:DOMO)’s AI Service Layer simplifies the process of managing, deploying, and enhancing AI and ML models, including Large Language Models (LLMs), to optimize users’ data experiences. The platform offers a wide range of capabilities, from generative AI and natural language processing for tasks like text generation and SQL queries to audio transcription and text translation.

As of Q1 2023, Domo, Inc. (NASDAQ:DOMO) shares were held by 18 of the 943 hedge funds tracked by Insider Monkey, with a total value of $59 million. D E Shaw was the largest hedge fund shareholder with ownership of 0.64 million shares valued at $9.2 million.

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