14 AI Stocks on Wall Street’s Radar

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. d-Matrix, an AI startup backed by Microsoft, recently announced the shipment of its first AI chip. Per reports, published by The American Bazaar, the chip aims to revolutionize how artificial intelligence handles user interactions. The startup has raised more than $160 million so far, with the venture capital arm of Microsoft also taking part in this funding. The startup specializes in AI inference hardware and focuses on optimizing the process of managing user requests on trained AI systems, such as chatbots and video generators.