Artificial Intelligence (AI) is known to increase productivity, decrease human error, and expedite the development of human resources. The market is being inundated with new AI capabilities to solve pressing business issues, such as employee expectations. By comprehending the unique needs, desires, and preferences of each employee, AI-powered solutions assist in creating individualized employee experiences that promote engagement.
Likewise, automation of the labor market has inched a notch higher as China takes the fight to the US on game-changing artificial intelligence innovations. That’s evident with the launch of Manus, the world’s first AI agent, which operates autonomously without human intervention. Just weeks after China threatened US AI dominance by launching cost-effective AI models through DeepSeek, it moved to avert the need for human intervention on AI agents.
Manus is the new AI sensation that promises to coordinate the work of specialized assistants in the race to automate recruitment and website development tasks. In addition to managing the work of numerous expert assistants, it can execute complex, multi-step activities. It works in the background, finishing all tasks on its own and only releasing data when the outcomes are ready.
Additionally, Manus stands out for its ability to act independently and without guidance, unlike conventional chatbots like ChatGPT, Gemini, or Grok, which wait for commands. Manus heralds a new era of automation driven by AI, in which machines would help people and assume leadership and decision-making responsibilities.
HR, tech development, logistics, and customer service are just a few of the areas that this change might greatly impact. While it may result in more efficiency, it may also raise issues with unemployment and the morality of AI autonomy.
The global artificial intelligence in the human resource market was valued at $7.01 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 15.94%. Due to AI integration in the various HR processes, the market is expected to reach $30.77 billion by 2034, according to a study by Precedence Research. The development of sophisticated AI solutions like Manus to assist businesses and companies in effectively managing personnel acquisition, employee engagement, and retention should accelerate growth.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds in Q4 2024.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A business executive in a modern office looking over reports detailing artificial intelligence.
12. Gorilla Technology Group (NASDAQ:GRRR)
Number of Hedge Fund Holders: 4
Gorilla Technology Group (NASDAQ:GRRR) is a global provider of AI-driven solutions in security intelligence, network intelligence, business intelligence, and IoT technology. It also offers intelligent video analytics AI models for various verticals, such as behavioral analytics and vehicle analysis. On March 10, the company confirmed the formal launch of the initial phases of Thailand’s largest-ever AI-driven energy transformation.
With the use of AI, automation, and cybersecurity, the $1.8 billion project is anticipated to digitally upgrade Thailand’s power infrastructure, guaranteeing increased sustainability, efficiency, and security. Gorilla Technology Group (NASDAQ:GRRR) and the Electricity Authority are now moving forward into the structured definition phase, where the operational frameworks, deployment methods, and foundational scope will be created, following the formal agreement.
Chairman & CEO of Gorilla, Jay Chandan, commented: “With this collaboration, we are not just launching a project, we are laying the foundation for a next-generation, AI-powered energy ecosystem that will drive efficiency, resilience and long-term sustainability at an unprecedented scale. By integrating AI, automation, and cybersecurity into the nation’s power grid, we intend to create an intelligent infrastructure that is future-proof, adaptive, and built to meet the demands of a rapidly evolving energy landscape. This initiative is a testament to Gorilla Technology’s ability to lead large-scale, high-impact transformations that deliver lasting value.”
11. Tuya Inc. (NYSE:TUYA)
Number of Hedge Fund Holders: 13
Tuya Inc. (NYSE:TUYA) is a technology company that provides a cloud platform connecting a wide range of smart devices via the Internet of Things (IoT). The company has also positioned itself as an AI-powered IoT platform by leveraging artificial intelligence to enhance the functionality and capabilities of its Internet of Things (IoT) devices and products.
On March 11, the global AI cloud platform service provider affirmed plans to revolutionize innovative energy management through advanced AI integration. Consequently, it has developed a Home Energy Management System that merges power generation storage charging and usage capabilities. With the help of huge models like DeepSeek, Tuya’s Energy Management System redefines the parameters of smart energy by utilizing multimodal perceptual capabilities to integrate energy-saving intelligence into various application scenarios.
“We are now in the 2.0 era of large AI models. Innovations in architectures like DeepSeek enable the processing of extremely long texts at a low cost while demonstrating exceptional reasoning and data capabilities. These advancements bring AI decision-making closer to human cognition, allowing models to be susceptible to device states, physical changes, and energy consumption patterns—making them particularly well-suited for energy management,” said Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart.
10. Hive Digital Technologies Ltd (NASDAQ:HIVE)
Number of Hedge Fund Holders: 13
Hive Digital Technologies Ltd (NASDAQ:HIVE) is a technology company that designs, develops, and operates data centers for cryptocurrency mining and provides infrastructure solutions for the blockchain and AI industries. The company is also redefining the future by powering advanced technologies like AI with clean energy. On March 10, the global leader in sustainable data center infrastructure released its February production results and strategic milestones.
Hive Digital Technologies Ltd’s (NASDAQ:HIVE) executive chairman, Frank Holmes, reiterated that strategic focus remains on transformative trends of Bitcoin and artificial intelligence. He echoed the appointment of Craig Tavares as chief operating officer of Buzz HPC as a testament to driving innovation through high-performance computing and GPU cloud services. The remarks come on HIVE Digital mining 89 BTC and bringing its total holdings to 2,620 BTC, valued at $220 million as of February.
“With over two decades of expertise in digital infrastructure, Craig’s leadership will be instrumental in scaling Buzz HPC’s operations and realizing our vision of reaching $100 million in revenue. His deep industry knowledge and track record of success positions us to capitalize on the immense opportunities ahead in AI-driven computing and blockchain technologies,” Holmes said.
9. Valens Semiconductor Ltd. (NYSE:VLN)
Number of Hedge Fund Holders: 15
Valens Semiconductor Ltd. (NYSE:VLN) is a technology company that provides semiconductor products for the audio-video and automotive industries. It offers HDBaseT technology, which enables the simultaneous delivery of ultra-high-definition digital video and audio, as well as Ethernet and power. On March 11, it confirmed a strategic collaboration with RGo Robotics and CHERRY Embedded Solutions to enhance the design and deployment of AI robotic systems.
The collaboration paves the way for integrating RGo’s advanced Perception Engine, Valens’ VA7000 MIPI A-PHY connectivity chipsets, and CHERRY’s Rockchip-based hardware module. The ultimate goal is to address challenges encountered in sensor placement in robotic systems. Through the use of its automotive-grade connectivity, the agreement should enable Valens to reach a wider audience than just its conventional automotive focus. This offers Valens Semiconductor Ltd. (NYSE:VLN) investors tremendous diversification and a way to profit from the growing automation and robotics industries without significantly redesigning their products.
“Our collaboration with RGo Robotics underscores the critical role of MIPI A-PHY technology in delivering high-performance connectivity for AI-driven perception systems,” said Gili Friedman, Head of the Cross-Industry Business Unit at Valens Semiconductor. “With our VA7000 MIPI A-PHY chipsets, we’re allowing robotics developers to optimize camera placement in their systems, paving the way for more intelligent, more efficient automation.”
