We recently compiled a list of the 9 AI News and Ratings on Wall Street’s Radar. In this article, we are going to take a look at where Serve Robotics Inc. (NASDAQ:SERV) stands against the other AI stocks.
AI is transforming industries by enabling machines to learn, adapt, and make decisions based on data. As nations and companies invest more in AI infrastructure, collaboration and competition are shaping the future of this technology, which is making it a significant part of global progress. On Bloomberg Technology, Anjney Midha, general partner at Andreessen Horowitz (A16Z), highlighted discussions at the Paris Summit on how AI is becoming a general-purpose technology, similar to electricity or the printing press.
Leaders like French President Emmanuel Macron and Indian Prime Minister Narendra Modi emphasized the importance of AI infrastructure to national development, while U.S. policymakers stressed maintaining competitiveness in open-source AI across allied nations. Midha explained that as AI advances, countries outside the two major “hyper centers” which are the U.S. and China, are deciding whether to build, buy, or partner for infrastructure. He noted growing collaboration between allies, especially across AI’s “infrastructure stack,” from chips to applications.
How Global Partnerships Are Shaping AI’s Future
Midha talked about France and said the country is accelerating its data center expansion while working with American companies like NVIDIA to deploy frontier AI chips. Although Europe is still behind the U.S. in infrastructure, it aims to catch up by partnering with countries that share its values. He also commented on the closing gap between open and closed AI models, as well as between U.S. and Chinese AI development, pointing to the rapid launch of cutting-edge models like DeepSeek-R1 shortly after OpenAI’s latest innovations.
Midha also acknowledged Elon Musk’s significant influence in Washington but focused on the broader reassessment of assumptions in AI, especially around open-source competitiveness. Despite increased politicization, he stressed A16Z’s firm stance on the value of open-source AI in driving technological progress and democratizing access. He also noted the firm’s broader values, which center around advancing innovation for societal benefit.
For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s Q4 database of over 1000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A robotics technician in a clean room programming a CNC series product.
Serve Robotics Inc. (NASDAQ:SERV)
Number of Hedge Fund Holders: 10
Serve Robotics Inc. (NASDAQ:SERV) develops AI-powered self-driving, low-emission robots for food delivery in public spaces across the U.S.
On February 19, Serve Robotics Inc. (NASDAQ:SERV) announced that it has expanded its autonomous sidewalk delivery service to Miami, partnering with Shake Shack and Mister O1. Customers in Brickell and Miami Beach ordering through Uber Eats may receive deliveries via Serve’s AI-powered robots.
Following its growth in Los Angeles and planned entry into Dallas-Fort Worth, the expansion aims to reduce emissions and traffic congestion while improving delivery efficiency. The company collaborated with city officials for a smooth rollout. Serve Robotics plans to deploy 2,000 AI-driven robots nationwide by the end of 2025.
Overall SERV ranks 7th on our list of the AI stocks on Wall Street’s radar. While we acknowledge the potential of SERV as an investment, our conviction lies in the belief that 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 SERV but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
