As AI takes over industries worldwide, the technology has begun replacing the redundant human workforce, as popular banks reveal plans to shrink headcount amid rapid AI adoption. The lightning-fast takeover of AI is also reflected in OpenAI’s claims that it now serves 400 million weekly active users, a 100 million jump in users since December 2024.
Scale AI CEO and founder Alexander Wang said at the Web Summit Qatar 2025 that the US and China are leading in AI preparedness.
“Nearly every country in the world, or nearly every company in the world, will ultimately likely build AI technology on top of either the US technology stack or that of the Chinese technology stack,” Wang noted.
Elsewhere, the surging demand for AI infrastructure has prompted South Korea to build the world’s biggest AI data center with a 3 GW capacity by 2028. The $10 billion project is expected to commence construction in H2 2025 and generate revenues of $2.5 billion annually.
“This is more than just a technological milestone; it’s a strategic leap forward for Korea’s global technological leadership. We are incredibly proud to partner with Stock Farm Road and the Jeollanam-do government to build this crucial infrastructure, creating an unprecedented opportunity to build the foundation for next-generation AI.”
-said SFR co-founder Dr Amin Badr-El-Din
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 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A technician adjusting a human-machine interface in a laboratory surrounded by indoor multi-terrain robots.
8. WeRide Inc. (NASDAQ:WRD)
Number of Hedge Fund Holders: N/A
WeRide Inc. (NASDAQ:WRD) uses AI to innovate autonomous driving technology for the development of driverless vehicles such as robotaxis and robobuses. The company also offers urban logistics and online ride-hailing solutions.
On February 24th, WeRide Inc. (NASDAQ:WRD) announced approval to roll out the latest robotaxi, the GXR, for fully unmanned ride-hailing services in Beijing, China. This development marks GXR’s first large-scale commercial deployment on the Mainland. The latest generation of GXRs will service key regions within the Beijing Economic-Technological Development Area, including railway stations, highways, and airports. The robotaxis can accommodate up to five passengers and features cutting-edge L4-level redundant drive-by-wire chassis architecture and the first-ever hidden B-pillar design.
“The commercial launch of Robotaxi GXR in Beijing represents a pivotal achievement for WeRide and the autonomous driving industry. By advancing from product launch to unmanned commercial operations in just four months, we’ve demonstrated that autonomous technology is ready to meet various transportation needs at scale. With this expansion, we continue to set the standard for autonomous mobility, making self-driving technology a reality for passengers everywhere.”
-said Tony Han, Founder and CEO of WeRide Inc.
7. CLPS Inc. (NASDAQ:CLPS)
Number of Hedge Fund Holders: 2
CLPS Inc. (NASDAQ:CLPS) is a global IT consulting and service provider catering to diverse industries, including banking, wealth management, e-commerce, automotive, education, and tourism.
On February 21st, CLPS Inc. (NASDAQ:CLPS) announced the establishment of the CLPS AI Innovation Committee (CAIC), led by CEO Raymond Lin, to plan, implement, and realize the value of AI technology across projects and client deliveries. CAIC will utilize OpenAI and DeepSeek to develop an intelligent engineering system for IT development, including processes like demand analysis, solution design, code generation, and automated testing to enable businesses in their digital transformation journey.
“In early 2025, CLPS established five key innovation engines: AI, low-code platform, RPA, cloud computing, and big data. CAIC, building upon these engines, will develop our AI application strategy for the next three to five years, focusing not only on optimizing existing processes but also on fundamentally reshaping business logic to ensure close alignment between technology and our business strategies. CAIC will concentrate on cutting-edge technologies such as GenAI, machine learning, and intelligent automation, deeply integrating the CLPS’s RPA technology to create tailored enterprise intelligent solutions for clients in key vertical industries, including banking, wealth management, e-commerce, and automotive.”
-said Raymond Lin, CEO of CLPS Inc.
6. SEALSQ Corp. (NASDAQ:LAES)
Number of Hedge Fund Holders: 4
SEALSQ Corp. (NASDAQ:LAES) offers digital security solutions, including data security, anticounterfeiting, provisioning, and secure satellite IoT connectivity via its FIPS-certified semiconductors, managed Public Key Infrastructure (PKI), and quantum innovation. Furthermore, the company’s Quantum Lab provides quantum-resistant secure microcontrollers to protect digital assets in the quantum computing era.
On February 24th, SEALSQ Corp (NASDAQ:LAES) announced it is working with partners to introduce quantum computing to the cloud, making it more accessible to businesses, researchers, and developers. The initiative will help users run quantum algorithms remotely without owning physical quantum hardware. The company also decided to integrate ColibriTD’s Quantum-as-a-Service platform to advance post-quantum security, offer quantum-powered simulation tools for AI optimization, and promote overall quantum computing adoption.
5. Myriad Genetics Inc. (NASDAQ:MYGN)
Number of Hedge Fund Holders: 21
Myriad Genetics Inc. (NASDAQ:MYGN) develops precision medicine and molecular diagnostic testing solutions to perceive how genes affect diseases, help physicians evaluate associated risks, and guide treatment decisions to uplift patient outcomes at lower costs.
On February 24th, the company announced executing an agreement with PATHOMIQ Inc. to license the PATHOMIQ_PRAD AI tech platform, which will help doctors make well-informed pre- and post-surgery medical decisions for prostate cancer. PATHOMIQ Inc. innovates AI-powered prognostic and predictive tests to improve access to personalized medicine.
“Along with our Prolaris® Prostate Cancer Prognostic Test, we are pleased to leverage PATHOMIQ’s prognostic and predictive capabilities across different phases of the patient journey in prostate cancer. Having both genetic and morphologic insights at the time of biopsy combined with the enhanced ability to predict disease recurrence after initial therapy can lead to more informed treatment decisions and enhance the potential for better patient outcomes. This partnership is the latest step in the strategic expansion of Myriad’s oncology portfolio. Our molecular science expertise, combined with the latest in machine learning and AI, will uniquely position Myriad to deliver higher-quality insights for patients and clinicians in the fight against cancer.”
-said George Daneker, Jr., President and Chief Clinical Officer of Oncology at Myriad Genetics Inc.
4. Couchbase Inc. (NASDAQ:BASE)
Number of Hedge Fund Holders: 25
Couchbase Inc. (NASDAQ:BASE) is a software firm that offers a cloud-based, NoSQL database platform for users to efficiently store and access large JSON datasets for critical enterprise applications. The company’s developer data platform, Capella, combines transactional, analytical, and AI workloads into a fully managed offering to help clients develop applications and AI agents with flexibility and high performance.
On February 24th, Couchbase Inc. (NASDAQ:BASE) announced that its Capella AI Model Services, which streamlines agentic application development and offers managed endpoints for LLMs, integrated NVIDIA NIM microservices for seamless and cost-effective deployment of AI applications, which will help enterprises meet privacy, security, and latency requirements while minimizing AI hallucinations when running high-throughput GenAI workloads.
“Enterprises require a unified and highly performant data platform to underpin their AI efforts and support the full application lifecycle – from development through deployment and optimization. By integrating NVIDIA NIM microservices into Capella AI Model Services, we’re giving customers the flexibility to run their preferred AI models in a secure and governed way, while providing better performance for AI workloads and seamless integration of AI with transactional and analytical data. Capella AI Services allow customers to accelerate their RAG and agentic applications with confidence, knowing they can scale and optimize their applications as business needs evolve.”
-said Matt McDonough, SVP of product and partners at Couchbase Inc.
3. MongoDB Inc. (NASDAQ:MDB)
Number of Hedge Fund Holders: 70
MongoDB Inc. (NASDAQ:MDB) offers a leading open-source database within its unified, intelligent data platform to help developers build next-gen applications. Its diverse features, such as AI-driven retrieval alongside real-time analytics and enhanced operational data search capabilities, enable companies to simplify complex architectures and innovate more efficiently.
On February 24th, MongoDB Inc. (NASDAQ:MDB) announced the acquisition of Voyage AI, which specializes in embedding and reranking models through powerful retrieval mechanisms, to advance the development of AI applications. The acquisition will help developers using the MongoDB database build AI-powered applications using highly accurate data and high-quality data retrieval capability.
“AI has the promise to transform every business, but adoption is held back by the risk of hallucinations. By bringing the power of advanced AI-powered search and retrieval to our highly flexible database, the combination of MongoDB and Voyage AI enables enterprises to easily build trustworthy AI-powered applications that drive meaningful business impact. With this acquisition, MongoDB is redefining what’s required of the database for the AI era.”
-said Dev Ittycheria, CEO of MongoDB Inc.
2. Accenture Plc (NYSE:ACN)
Number of Hedge Fund Holders: 79
Accenture Plc (NYSE:ACN) is a global provider of services ranging from agile transformation data analytics to intelligent automation, AI, and software engineering. The company is accelerating R&D and AI agent deployment using Nvidia’s (NASDAQ:NVDA) AI offerings for faster placement of multi-agent networks and facilitating seamless integration into enterprise systems. It is also revamping its core banking modernization capabilities through platform acquisitions, enabling data unification from legacy and modern banking architectures for product development and innovation.
On February 24th, Accenture Plc (NYSE:ACN) forged a partnership with Australia’s Westpac bank to improve the latter’s digital banking service through AI-powered agents, expected to enhance productivity, automate compliance checks, streamline banking processes, efficiently oversee customer interactions, and advance operational dynamics within the banking giant.
“We are exploring multiple applications for these agents across products, customer service, fraud prevention, and more.”
-said Pieter Vorster, general manager for data platforms at Westpac.
1. RTX Corp. (NYSE:RTX)
Number of Hedge Fund Holders: 80
RTX Corp. (NYSE:RTX), Raytheon Technologies Corporation, offers defense solutions, including smart weapons, advanced radars, hypersonic missiles, and interceptors globally, to help customers fortify national security.
On February 24th, the company announced that it had completed flight testing of the first AI/ML-driven Radar Warning Receiver (RWR) system for a fourth-generation aircraft. RTX Corp. (NYSE:RTX) highlighted that its Cognitive Algorithm Deployment System (CADS) combines next-gen Embedded Graphics Processing Unit with Deepwave Digital’s computing stack to facilitate the integration of AI models into Raytheon’s legacy RWR systems for AI/ML processing at the sensor. As a result, CADS can employ cognitive methods to locate, identify, and prioritize threats, improving aircrew survivability.
“The advantages of AI in defense systems are extensive, and our recent CADS test demonstrates how commercially available products, paired with advanced algorithms and cognitive methods, can help the U.S. and its allies outpace peer threats. CADS’ ability to quickly process data and run third-party algorithms that prioritize threats, with almost no latency, will significantly enhance survivability for military personnel.”
-said Bryan Rosselli, president of Advanced Products and Solutions at Raytheon.
While we acknowledge the potential of RTX Corp. (NYSE:RTX) 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 RTX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.
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