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Stock impact report

Billionaires Are Buying These 2 Artificial Intelligence (AI) Stocks Hand Over Fist [Yahoo! Finance]

SoundHound AI, Inc. (SOUN) 
Company Research Source: Yahoo! Finance
This sudden rise has everything to do with artificial intelligence (AI). Nvidia's chips are widely accepted as the best on the market for this technology. There's a good chance the AI future will be powered by the company's products. But it isn't the only AI company attracting huge interest. Billionaire investors are pouring huge sums of cash into other AI businesses. The two companies below look especially promising. Even Nvidia's CEO loves this emerging AI stock Jensen Huang, CEO of Nvidia, has most of his $100 billion fortune tied up in the company's stock. But he has put money to work in several other AI businesses. That's because Nvidia itself has put money into smaller AI start-ups at his direction. One of those companies is SoundHound AI (NASDAQ: SOUN) , a $1.6 billion business with huge potential. Investors learned about Nvidia's investment in SoundHound from a 13F disclosure that Nvidia filed earlier this year. It was a relatively small investment -- only a few mil Show less Read more
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