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Best Artificial Intelligence Stocks Worth Watching - August 13th

Hut 8 logo with Technology background
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Key Points

  • Hut 8, Fermi, Gaxos.ai, Iveda Solutions, and SoundHound AI are the five AI-related stocks highlighted by MarketBeat’s screener for having the highest recent dollar trading volume.
  • The companies provide varied AI exposure: Hut 8 focuses on data centers and high-performance computing, Fermi on low-carbon power for AI infrastructure, and Gaxos.ai on wellness and gaming applications.
  • Iveda Solutions specializes in AI video analytics and IoT platforms, while SoundHound AI develops conversational voice-assistant technology for automotive, business, and consumer applications. Investors should note that AI stocks can carry elevated risks from high valuations, competition, regulation, and rapid technological change.
  • Five stocks to consider instead of Hut 8.

Hut 8, Fermi, Gaxos.ai, Iveda Solutions, and SoundHound AI are the five Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of publicly traded companies that develop, provide, or significantly use AI technologies, such as machine learning, generative AI, robotics, or AI-related hardware and software. For investors, these stocks represent potential exposure to the growth of the AI industry, but they may also carry elevated risks from high valuations, intense competition, regulation, and rapidly changing technology. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

Hut 8 (HUT)

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other.

Read Our Latest Research Report on HUT

Fermi (FRMI)

Fermi’s mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world’s most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026.

Read Our Latest Research Report on FRMI

Gaxos.ai (GXAI)

Gaxos.ai Inc. engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms.

Read Our Latest Research Report on GXAI

Iveda Solutions (IVDA)

Iveda Solutions, Inc. provides artificial intelligence (AI) and digital transformation technologies in the United States and Taiwan. The company offers IvedaAI, a deep-learning video analytics software and Sentir Video, a video surveillance solution for various kinds of applications. It also provides Cerebro IoT Platform, a software technology platform that integrates a multitude of disparate systems for central access and management of applications, subsystems, and devices, and IvedaSPS, a smart power solution utilizing in Cerebro IoT platform, and IvedaXpress, a system for pre-existing IP cameras and AI analytics for servers and IT department.

Read Our Latest Research Report on IVDA

SoundHound AI (SOUN)

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.

Read Our Latest Research Report on SOUN

Further Reading

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