In this article, we take a look at the 8 Fastest-Growing AI Stocks to Buy Now.
Artificial intelligence has moved from a speculative technology theme into one of the clearest growth engines across software, semiconductors, cloud infrastructure, cybersecurity, and enterprise services. Gartner forecasts worldwide AI spending to reach $2.52 trillion in 2026, up 44% year over year, with AI infrastructure alone expected to account for more than $1.36 trillion of that total. The broader technology spending backdrop is also being pulled upward by AI demand. Gartner’s April 2026 forecast puts worldwide IT spending at $6.31 trillion this year, up 13.5%, with data center systems spending expected to rise 55.8% as AI workloads drive demand for high-performance compute, accelerators, and advanced memory.
Corporate adoption is becoming harder to dismiss as well. McKinsey’s 2025 global AI survey found that 88% of respondents said their organizations regularly use AI in at least one business function, while 62% said their organizations are at least experimenting with AI agents. Capital flows reflect the same shift: Stanford’s 2026 AI Index reported that global corporate AI investment reached $581.7 billion in 2025, up 130% from the prior year. Against that backdrop, the fastest-growing AI stocks stand out because investors are looking for companies converting this spending boom into measurable revenue growth, not just AI perfume sprayed on old software.
Methodology
We first screened AI and AI-adjacent companies for positive revenue growth over at least three consecutive years. From that group, we picked the stocks with the highest year-over-year revenue growth rate. The final list includes stocks that have recent important news and developments.
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 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
8. Gorilla Technology Group Inc. (NASDAQ:GRRR)
Gorilla Technology Group Inc. (NASDAQ:GRRR) is one of the fastest-growing AI stocks to buy now.
The latest growth-related update came on April 15, 2026, when Gorilla Technology Group Inc. (NASDAQ:GRRR) increased its strategic investment in Astrikos.AI, a Bengaluru-based real-time infrastructure intelligence company. The move builds on Gorilla’s initial December 2025 investment and deepens the integration of Astrikos’ platform into Gorilla’s video intelligence, smart-city architecture, and GPU-enabled data center offerings. Astrikos’ software brings together data from cooling, power, IT load, and physical systems into a unified decision layer, which fits Gorilla’s push into AI-ready infrastructure for governments and enterprises.
The investment adds context to Gorilla’s latest financial results. On March 2, the company reported 2025 revenue of $101.4 million, up 35.7% from $74.7 million in 2024, marking its first year above $100 million in annual revenue. The company said growth was driven by execution across AI infrastructure, public safety, and enterprise programs in key international markets. Its IFRS operating loss also narrowed to $13.7 million from $66.9 million, while adjusted EBITDA was $19.1 million.
Gorilla Technology Group Inc. (NASDAQ:GRRR) provides AI-driven security intelligence, network intelligence, business intelligence, IoT, smart-city, and data-center solutions.
7. Applied Digital Corporation (NASDAQ:APLD)
Applied Digital Corporation (NASDAQ:APLD) is one of the fastest-growing AI stocks to buy now.
The latest growth signal came on April 23, 2026, when Applied Digital Corporation (NASDAQ:APLD) announced a 15-year lease with a new U.S.-based, high-investment-grade hyperscaler at its Delta Forge 1 AI Factory campus. The agreement covers 300 MW of critical IT load at the 430 MW campus and represents about $7.5 billion in contracted value, lifting the company’s total contracted lease revenue to more than $23 billion. More than 50% of that contracted revenue is now backed by investment-grade customers, giving the company better revenue visibility as it scales AI infrastructure capacity.
That contract builds on a strong quarterly growth print. On April 8, Applied Digital reported fiscal third-quarter 2026 revenue of $126.6 million, up 139% year over year. Management said roughly $71.0 million of the increase came from its HPC Hosting business, helped by its first HPC data center at Polaris Forge 1 being fully operational during the quarter. Adjusted EBITDA rose to $44.1 million from $6.3 million a year earlier, though the company also reported a net loss of $100.9 million as it continues to scale.
Applied Digital Corporation (NASDAQ:APLD) designs, builds, and operates high-performance data centers and colocation services for AI, cloud, networking, and blockchain workloads.
6. Palantir Technologies Inc. (NASDAQ:PLTR)
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the fastest-growing AI stocks to buy now.
On April 22, 2026, Palantir Technologies Inc. (NASDAQ:PLTR) and the U.S. Department of Agriculture announced a $300 million Blanket Purchase Agreement to support the National Farm Security Action Plan and modernize how USDA delivers services to farmers. Under the deal, Palantir will provide operational software for USDA field staff and farmers, while supporting the “One Farmer, One File” initiative and extending the company’s existing work on USDA’s Landmark platform. The agreement matters for Palantir’s growth story because it shows the company’s government business expanding beyond defense and intelligence into large civilian agency workflows, where AI, data consolidation, and operational software can become embedded infrastructure.
The deal follows a very strong quarterly print. On February 2, 2026, Palantir reported fourth-quarter 2025 revenue of $1.407 billion, up 70% year over year and 19% sequentially. U.S. revenue rose 93% year over year to $1.076 billion, while U.S. commercial revenue surged 137% to $507 million and U.S. government revenue grew 66% to $570 million. Palantir also closed $4.262 billion in total contract value, up 138% year over year, showing that the company’s AI platform demand is translating into larger bookings, not just narrative heat.
Palantir Technologies Inc. (NASDAQ:PLTR) develops software platforms for data integration, analytics, AI deployment, and operational decision-making across government and commercial customers.
While we acknowledge the potential of PLTR to grow, our conviction lies in the belief that some other AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTR and that has 100x upside potential, check out our report about the cheapest AI stock.
Click to continue reading and see 5 Fastest-Growing AI Stocks to Buy Now.
Disclosure: None. Follow Insider Monkey on Google News.
