30 Best AI Stocks to Buy According to Billionaires

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17. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 64 

Number of Billionaire Investors: 16

Value of Billionaire Holdings: $2 Billion  

Palantir Technologies Inc. (NASDAQ:PLTR) is a public American company that specializes in software platforms for big data analytics. In the past few months, it has emerged as one of the most important AI software firms globally. The interest in the company is primarily derived from the competitive edge that AI-enabled software products, like the Artificial Intelligence Platform (AIP), offer to businesses, as well as the government and private partnerships that the company has secured. For example, in the fourth quarter of 2024, the US commercial revenue of the firm surged 62%. Palantir projects 31% revenue growth for 2025. The firm has also secured a significant US Army contract for the Next-Generation Command and Control (NGC2) program that could generate nearly $100 million in annual recurring revenue.

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