15 AI Stocks Trending on Financial Media

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1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 286  

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. On November 22, the company announced that it would be investing an additional $4 billion into AI startup Anthropic. As part of this deal, the company said that Amazon Web Services will become the primary training partner of the startup, and the maker of the Claude AI chatbot will use the Trainium processors of Amazon to train and deploy the largest foundation models. Amazon has already invested $4 billion into the firm over the past few months.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) 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 timeframe. If you are looking for an AI stock that is more promising than Amazon.com, Inc. (NASDAQ:AMZN) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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