7 Best Small Cap AI Stocks to Invest in According to Hedge Funds

2. SES AI Corporation (NYSE:SES)

Market Capitalization as of September 18: $577.84 million

Number of Hedge Fund Holders: 20

SES AI Corporation (NYSE:SES) is one of the best small cap AI stocks to invest in according to hedge funds. On September 3, SES AI Corporation announced the appointment of Andrew Boyd to its Board of Directors. Boyd is replacing Michael Noonen, who resigned to focus on his other professional endeavors, following his service and contributions to SES AI over the past 3.5 years.

Andrew Boyd is a veteran of the investment community and capital markets. He currently serves as a Partner at Bramalea Partners, which is a technology-focused fund manager that he founded in January 2020. Before founding Bramalea, Boyd had a 15-year career at Fidelity Management & Research Company, where his roles culminated in him serving as the Global Head of Equity Capital Markets.

SES AI is noted as the first battery company to accelerate innovation by utilizing superintelligent AI across its entire business spectrum, from research and development, materials sourcing, cell design, engineering, and manufacturing, to battery health and safety monitoring.

SES AI Corporation (NYSE:SES) develops and produces AI-enhanced lithium metal and lithium ion rechargeable battery technologies for EVs, urban air mobility, drones, robotics, battery energy storage systems, and other applications.