AI continues to advance at an unprecedented rate and can now even determine how a person is feeling. A Spanish startup, Neurologyca, claimed that its Kopernica AI system can now supposedly read human emotions. It can detect a range of neurological conditions and discern how a person feels, even for a crowd of people.
Meanwhile, the Chinese Institute for Brain Research (CIBR) and NeuCyber NeuroTech said on March 31st that it plans to implant its brain chip into 13 people by year-end, which could mean they would surpass Elon Musk’s neuralink in terms of patient data collection.
As security concerns over the misuse of AI continue to loom, companies are increasingly focusing on the responsible use of the technology by implementing stricter guardrails amid rapid technology development. On March 31st, Anthropic announced implementing updates to its “responsible scaling” policy for AI, defining model safety levels to determine the need for additional security.
For instance, if the company is stress-testing an AI model and believes it could help a “moderately-resourced state program” develop chemical and biological weapons, it will enforce new security protections before launching that technology.
Elsewhere, Anthropic closed a funding round in March, which valued the company at $61.5 billion. However, it is a fraction of the $300 billion valuation OpenAI secured in a recently closed $40 billion round led by SoftBank.
SoftBank is reportedly seeking loans of up to $16.5 billion to fund AI investments in the US, which would mark the biggest borrowing denominated in dollars. Sources told Bloomberg that the bridge loan would have a 12-month tenor and that talks with banks are in early stages. People familiar with the matter added that the terms could change as the negotiations evolve over time.
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of the number of hedge funds that hold stakes in them, as of Q4 2024.
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).
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9. Knightscope Inc. (NASDAQ:KSCP)
Number of Hedge Fund Holders: N/A
Knightscope Inc. (NASDAQ:KSCP) innovates AI technologies for advanced detection systems and develops autonomous security robots that use laser systems and sensors to enhance public safety by patrolling areas like corporate campuses and shopping malls. These robots can identify suspicious activities and alert authorities to report security incidents in real time.
On March 31st, Knightscope Inc. (NASDAQ:KSCP) announced a year-over-year drop in 2024 revenue to $10.8 million from $12.8 million due to product line restructuring and facility consolidation for its emergency communication devices segment. The company narrowed its 2024 losses to $10.97 per share from $16.77 a year earlier and strengthened its cash balance to $11.1 million.
“2024 was a pivotal year. We made dozens of transformative changes across the business—technologically, operationally, and financially. These foundational moves, combined with our entry into the federal market, set the stage for strong growth in 2025 and beyond. The era of Physical AI and Robotics is accelerating, and Knightscope is positioned to lead.”
-said William Santana Li, CEO of Knightscope Inc.
8. Rezolve AI Limited (NASDAQ:RZLV)
Number of Hedge Fund Holders: 5
Rezolve AI Limited (NASDAQ:RZLV) is known for offering AI-driven solutions that focus on improving the digital shopping experience. The company’s products help customers with search and discovery as well as personalized experiences.
On April 1st, H.C. Wainwright analyst Scott Buck initiated coverage of Rezolve AI Limited (NASDAQ:RZLV) with a “Buy” rating and 12-month stock price target of $4 apiece. The analyst noted that the company builds and distributes GenAI-powered sales products for e-commerce, which drives better conversion rates through enhancements in product search, product recommendations, and customer support. The brokerage said Rezolve AI Limited (NASDAQ:RZLV) is offering a “disruptive e-commerce technology,” which could deliver meaningful revenue in the first year of deployment. The analyst signaled that investors could accumulate company shares ahead of more positive news flow.
