12 Best Artificial Intelligence Stocks To Invest In Under $10

Page 4 of 11

8. Veritone Inc. (NASDAQ:VERI)

Share Price as of November 27: $2.73

Number of Hedge Fund Holders: 6

Veritone Inc. (NASDAQ:VERI) is an AI company that specializes in turning unstructured data into valuable insights. Its core product, aiWARE, is an AI operating system that uses advanced machine learning algorithms to analyze vast amounts of data. This enables businesses across various industries to make informed decisions, improve efficiency, and gain a competitive edge.

The company has successfully divested its legacy Media Agency business, Veritone One, in a deal valued at up to $104 million in Q3 2024. The divestiture allows Veritone to concentrate its efforts on its core competency: delivering cutting-edge AI solutions through its enterprise AI software, applications, and aiWARE platform. As a pure-play AI enterprise software company, Veritone Inc. (NASDAQ:VERI) is well-positioned to serve over 3,000 customers. aiWARE is a key differentiator, providing a robust foundation for developing and deploying AI solutions.

The AI landscape is rapidly evolving, with a shift towards SaaS. While LLMs are becoming increasingly accessible, the real value lies in building innovative applications on top of them. aiWARE is at the forefront of this trend, offering great future financial prospects for the company.

Page 4 of 11