Top 5 Generative Artificial Intelligence Companies to Invest In

In this article, we will take a look at the top 5 generative artificial intelligence companies to invest in. To see more such companies, go directly to Top 10 Generative Artificial Intelligence Companies to Invest In.

5. salesforce.com, inc. (NYSE:CRM)

Number of Hedge Fund Holders: 136

salesforce.com, inc. (NYSE:CRM) accounts for about 3.52% of the total portfolio of The Generative AI ETF by Roundhill Investments. salesforce.com, inc. (NYSE:CRM) was quick to jump in the AI race by launching Einstein GPT, a generative AI platform for customer relationship management. The platform is capable of writing emails, scheduling meetings, summarizing texts and much more.

A total of 136 hedge funds tracked by Insider Monkey had stakes in salesforce.com, inc. (NYSE:CRM) as of the end of the first quarter of 2021.

Vulcan Value Partners made the following comment about Salesforce, Inc. (NYSE:CRM) in its Q1 2023 investor letter:

Salesforce, Inc. (NYSE:CRM) was a material contributor during the quarter. The company has taken numerous positive steps to increase profitability more quickly than expected. Salesforce also improved its corporate governance by recommending three new board members. The company is focused on improving margins, deemphasizing acquisitions, and has expanded its stock buyback plan from $10 billion to $20 billion. We believe Salesforce can pursue these opportunities while continuing to increase its competitive position.”