Jim Cramer on Datavault AI: “It’s Losing Money Hand Over Fist”

Datavault AI Inc. (NASDAQ:DVLT) is one of the stocks Jim Cramer recently discussed. Inquiring about the stock, a caller mentioned that they had invested in the stock at $0.31 and had been trading by buying on dips and selling on rallies. Cramer replied:

“But this thing is… you know, it’s losing money. It’s losing money hand over fist. I would take off, I would take off a little, let the rest run. Your cost basis has gotta come out right now. Three times your cost basis… then you can’t lose money. How about that?”

Datavault AI Inc. (NASDAQ:DVLT) provides data management and analytics solutions powered by high-performance computing and proprietary software. The company helps its clients navigate data ownership, privacy, and security. On October 29, it announced announced a definitive agreement to acquire API Media in December 2025, in an all cash transaction. API Media is a New-Jersey based company that provides audio-visual and IT services for major sporting events and enterprise clients. It will retain its brand while integrating Datavault AI Inc.’s (NASDAQ:DVLT) patented technologies.

While we acknowledge the risk and potential of DVLT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DVLT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.