Publicly traded AI companies may be on the rise, thanks to rapid advancements in artificial intelligence.
Publicly Traded AI Companies to Watch
- NVIDIA (NVDA)
- IBM (IBM)
- Google (GOOG)
- Microsoft (MSFT)
- TSMC (TSM)
While public AI companies must distribute resources among many investors, they also get to lean on this larger investor pool. Trading public stocks makes it easier to raise funds for business growth and new projects.
At the same time, public companies are subjected to more regulations than their private counterparts and must share financial information with the Securities and Exchange Commission (SEC). This practice creates more transparency, so investors can make informed decisions on where to place their resources.
Because the global AI industry is expected to exceed $826 billion by 2030, increasing regulation is a trend to watch in the coming years. However, this shouldn’t slow down the spread of AI. Since the days of factory robotics and customer service chatbots, AI technology has moved into diverse areas like music, education and banking.
Here are publicly traded AI companies welcoming public investors to share in the rewards of some of the latest AI-based innovations and help fund the future of AI.
Publicly Traded AI Companies to Know
Stock Symbol: TSM
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is an AI chip manufacturer that supplies its technology to major AI players like Apple, NVIDIA and Qualcomm. The company is primed to remain at the forefront of the AI industry by supporting increased computing power with its next-generation silicon photonic technology. TSMC’s upcoming process node is also expected to be the foundation for OpenAI’s AI chips.
Stock Symbol: BRCHF
BrainChip is a provider of software and hardware for AI and machine learning applications. The company is considered a leader in neuromorphic computing, a branch of AI that simulates the functionality of the human neuron. With its processor IP Akida, BrainChip has developed software that mimics the networks of the human brain for increased efficiency while reducing the amount of energy required to support such a system.
Stock Symbol: MU
Micron Technology has enhanced its chip packages with AI, machine learning and deep learning. Because of its focus on AI and analytics, the company has produced hardware that showcases increased storage capacity, faster memory and high-quality data filtering. As a result, teams can conduct analyses and gather rich insights while reducing the time and energy needed to complete these processes.
Stock Symbol: MSFT
Microsoft has joined the AI field with the introduction of Copilot, which comes as a chatbot, a tool integrated into the Bing search engine and a feature packaged into Microsoft 365. As an AI assistant, Copilot can summarize documents, automate workflows, recap meetings and more. Microsoft also offers users the AI models and tools needed to customize Copilot or build their own AI apps.
Stock Symbol: IBM
IBM has streamlined a range of industries with its AI assistant IBM Watson, which displays AI and machine learning capabilities. Customer service teams benefit from Watson’s ability to automate repetitive tasks, translate speech to text, compile and organize data and integrate with various CRM platforms. IT operations, advertising and other fields have also adopted IBM’s AI technology to create more effective workflows.
Stock Symbol: GOOG
Already known for its deep learning tools that enhance speech recognition and search engine suggestions, Google is expanding its research and developing tools for a variety of sectors, ranging from healthcare to disaster management. Google DeepMind is using artificial intelligence to solve problems in healthcare and science and has defeated a world champion in the ancient board game of Go.
Stock Symbol: NFLX
You can thank Netflix’s AI for your next binge-watching session. The company uses artificial intelligence and deep learning to learn your personal likes and dislikes to recommend the ideal library of content. From genres to specific movies, Netflix constantly deploys AI to personalize the user experience for its subscribers. In addition, the company leverages machine learning for optimizing videos and audio and refines its strategies with A/B testing.
Stock Symbol: AAPL
After much anticipation and speculation, Apple is bringing generative AI to larger consumer audiences with its upcoming iPhone 16 lineup. The suite of AI features is called Apple Intelligence and will be available on iPhones, iPads and Macs. With these new capabilities, users can summarize lectures and group threads, organize notifications and messages, generate a wider array of images and emojis and more naturally communicate with Siri.
Stock Symbol: VERI
Veritone is an operating system for AI that manages content and suggests actions based on what it learns. The company’s aiWARE enables AI developers in the media and legal industries as well as government to organize, manage, search and analyze metadata and content. The artificial intelligence operating system scans audio recordings of quality control calls and media content to identify any problems in customer complaints or if a specific product placement resonates with audiences.
Stock Symbol: QUIK
An originator in creating semiconductors for mobile and portable electronics, QuickLogic uses AI for cognitive sensing in different technologies, like IoT devices and drones. The QuickLogic QuickAI platform helps IoT devices gain knowledge of surroundings, assists inspection machines with identifying different textures and aids surfaces and appliances in predicting maintenance needs.
Stock Symbol: DDOG
Datadog makes observability software, which helps clients understand their data through logs, metrics and traces to assess how well systems are functioning. By looking at cloud data from client companies’ online activities and using AI to analyze it, Datadog is able to correct issues with functionality and predict future problems before they occur.
Stock Symbol: DE
John Deere isn’t usually viewed as a traditional tech company, but the agriculture giant uses AI to automate its farming equipment. The company’s AI enables tractors to autonomously navigate fields and helps with the overall farming process. John Deere acquired agricultural artificial intelligence company Blue River Technology in 2017 to boost its AI program. The first product from this partnership is a system that uses machine learning algorithms to determine where a tractor should spray pesticides.
Stock Symbol: ADBE
Adobe is a well-known brand in software and design that has outfitted its platforms with AI features, highlighted by its AI tool Firefly. With Firefly, creatives can generate images via text prompts, add or remove content with further text prompts and quickly fill in shapes with personalized content. Adobe users can access some of these features in the company’s most popular apps, including Photoshop, Illustrator and Lightroom.
Stock Symbol: NVDA
NVIDIA is a manufacturer of graphics-processor technologies with a growing deep learning AI division. The company uses its line of AI platforms to power self-driving cars, help drones act autonomously and perform as an image processing tool for medical imaging equipment. NVIDIA’s deep learning GPUs have been featured in Tesla’s autonomous vehicles, and the NVIDIA DRIVE Map tool equips these vehicles with high-quality camera and radar technology.
Stock Symbol: ANET
Arista Networks is a networking company that supports high-demand computing operations with its cloud network solutions. In particular, its Extensible Operating System (EOS) caters to data centers and cloud networks with an autonomous virtual assistant, which automates tasks like troubleshooting and cybersecurity. These features keep AI platforms secure and contribute to a smoother process when training large language models.
Stock Symbol: IOT
Samsara is an IoT company that partners with customers across the construction, transportation, warehousing, manufacturing, logistics and retail industries. Its machine learning teams use artificial intelligence to build models that allow customers to optimize their fleets and ensure vehicle safety.
Stock Symbol: KVYO
Klaviyo offers a SaaS product that is utilized by more than 146,000 clients. Its marketing-tec platform uses AI and data to create personalized automations that target customers based on their predictive insights. The platform allows users to collect, digitally explore and use customer data in its hundreds of application integrations.
Stock Symbol: SNPS
Synopsys has a line of AI products for silicon-based microchips and software. The company’s Fusion Technology provides several key AI-focused technologies, including logic restructuring and MAC topology optimization. In addition, the Synopsys DesignWare IP for Artificial Intelligence is a processor for developing AI tools across many industries, and Synopsys has assisted in developing AI solutions for the specialized processing of medical imaging as well as natural language processing.
Stock Symbol: CRM
Salesforce is a cloud-computing company that develops personalized customer relationship management software. The Salesforce Einstein AI platform performs a variety of predictive tasks for sales and marketing teams. Einstein automatically prioritizes sales leads that are most likely to convert based on history and past deals, and it will even recommend personalized content that could foster the most engagement.
