30 Best AI Stocks to Buy According to Billionaires

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

Number of Hedge Fund Holders: 339   

Number of Billionaire Investors: 40

Value of Billionaire Holdings: $33 Billion 

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. Over the past months, Amazon has also introduced AI shopping assistants and integrated AI into Amazon Web Services. Since late 2023, Amazon has upped investments in the AI sphere through Anthropic, the AI startup that is at the core of the AI success story for the tech giant. In September 2023, Amazon announced an initial investment of $1.25 billion in Anthropic, with an option to increase this investment up to $4 billion. By November 2024, Amazon had invested an additional $4 billion in Anthropic, bringing its total investment to $8 billion. As of December 2024, the company’s stake in Anthropic was valued at approximately $14 billion, reflecting a 75% gain from the initial investment.

Overall, AMZN ranks first among the 30 best AI stocks to buy according to billionaires. While we acknowledge the potential of these AI companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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