Promising Artificial Intelligence Stocks To Follow Now - August 24th

Key Points

• MarketBeat identified five AI stocks to watch: Tempus AI (TEM), Hut 8 (HUT), SoundHound AI (SOUN), Upstart (UPST), and WhiteFiber (WYFI), based on their recent dollar trading volume.
• The companies provide exposure to diverse AI applications, including precision medicine, data centers and computing, conversational voice technology, AI-powered lending, and high-performance GPU infrastructure.
• Investors should be aware of significant risks associated with AI stocks, including potentially high valuations, intense competition, rapid technological change, and regulatory uncertainty.

Tempus AI, Hut 8, SoundHound AI, Upstart, and WhiteFiber are the five Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of companies that develop, provide, or significantly use AI technologies, such as machine learning, generative AI, robotics, and related hardware or software. For investors, these stocks represent potential exposure to the growth of the AI industry, but they may also carry risks from high valuations, intense competition, rapid technological change, and regulatory uncertainty. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

Tempus AI (TEM)

Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.

Read Our Latest Research Report on TEM

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

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

Upstart (UPST)

Upstart Holdings, Inc., together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.

Read Our Latest Research Report on UPST

WhiteFiber (WYFI)

We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”).

Read Our Latest Research Report on WYFI

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source