5 Best Small Cap AI Stocks To Buy Now

2. SES AI Corporation (NYSE:SES)

Market Capitalization as of July 29: $1.07 billion

Number of Hedge Fund Holders: 19

Established in 2012, SES AI Corporation (NYSE:SES) is a comprehensive Li-Metal battery manufacturer with significant expertise in material, cell, module, AI-powered safety algorithms, and recycling. Formerly known as SolidEnergy Systems, the company’s headquarters are based in Boston, and it maintains operational facilities in Singapore, Shanghai, and Seoul.

Earlier this May, SES AI Corporation (NYSE:SES) revealed its plans to establish Line 4, which is set to become the company’s most advanced and next-generation Li-Metal cell manufacturing line. This development comes after the successful establishment of three A-sample lines last year – one in Shanghai, China, and two in Cheongchungbuk-do, South Korea.

During the first quarter of 2023, SES AI Corporation (NYSE: SES) appeared in the 13F holdings of 19 hedge funds, collectively holding a stake with a total value of $12.5 million.

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