10 AI Stocks Trending On Wall Street Right Now

8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 63

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On March 7, the company reported that it has rolled out its first two artificial intelligence-enabled systems to the U.S. Army. The Tactical Intelligence Targeting Access Node systems, or TITAN, leverages AI to collect data from space sensors that assist soldiers with warfare strategy and improve strike targeting and accuracy, Palantir noted. During an interview with CNBC’s Morgan Brennan, President and Chief Technology Officer of Palantir USG Akash Jain called the agreement a “leapfrog moment” for the U.S. Army. The company won the $178 million contract last March to build out 10 next-generation, AI-defined ground systems (TITAN).