Artificial intelligence (AI) is one of the most disruptive technologies of our time, and it is having a major impact on businesses across all industries. As AI continues to grow in popularity, investors are looking for ways to get involved.
If you are looking for artificial intelligence stocks under $10, here are 10 of the best options:
Duos Technologies Group (DUOT)
Duos Technologies Group is a security technology company that uses AI to provide intelligent security solutions. The company’s products are used by a variety of customers, including the United States government.
Duos Technologies was founded in 2014 and is headquartered in Jacksonville, Florida. The company has a strong customer base in the rail industry, with customers including CSX Transportation, Norfolk Southern Railway, and Union Pacific Railroad. Duos Technologies is also expanding into other transportation markets, such as trucking and aviation.
The company’s products are used for a variety of purposes, including:
Railcar inspection: Duos Technologies’ products can be used to inspect railcars for defects, such as cracks and leaks. This can help to prevent accidents and improve safety.
Track inspection: Duos Technologies’ products can also be used to inspect tracks for defects, such as broken ties and uneven surfaces. This can help to prevent derailments and improve safety.
Asset tracking: Duos Technologies’ products can be used to track the location of assets, such as railcars and locomotives. This can help to improve efficiency and reduce theft.
Behavioral analytics: Duos Technologies’ products can be used to analyze the behavior of people and objects. This can be used for a variety of purposes, such as security and predictive maintenance.
Duos Technologies is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for intelligent technology solutions in the transportation industry.
Investment Highlights
Strong customer base in the rail industry
Expanding into other transportation markets
Products used for a variety of purposes
Growth company with a strong potential for future growth
Risks to Consider
The company is still relatively young and has not yet generated significant revenue
The company’s products are still under development and there is no guarantee of success
The company faces competition from other companies that are developing similar products
Overall, Duos Technologies is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for intelligent technology solutions in the transportation industry. However, investors should be aware of the risks associated with investing in a young company with unproven products.
Alithya Group (ALYA)
Alithya Group is a technology services company that provides consulting, systems integration, and digital transformation services. The company’s clients include some of the largest companies in the world, such as IBM, Microsoft, and SAP.
Alithya was founded in 1987 and is headquartered in Montreal, Canada. The company has over 7,000 employees and operates in over 20 countries.
Alithya’s services are divided into three main areas:
Consulting: Alithya provides consulting services on a wide range of topics, including business strategy, IT strategy, and digital transformation.
Systems integration: Alithya integrates and deploys enterprise software solutions from a variety of vendors.
Digital transformation: Alithya helps businesses transform their operations using digital technologies.
Alithya’s clients are in a variety of industries, including financial services, healthcare, manufacturing, and retail. The company’s services help businesses to improve their efficiency, productivity, and profitability.
Investment Highlights
Strong client base
Broad range of services
Global reach
Growing demand for digital transformation services
Risks to Consider
The company faces competition from other technology services companies
The company’s revenue is cyclical and can be affected by economic conditions
The company’s stock is volatile and can be affected by market sentiment
Overall, Alithya is a well-established technology services company with a strong client base and a broad range of services. The company is well-positioned to benefit from the growing demand for digital transformation services. However, investors should be aware of the risks associated with investing in a cyclical company with a volatile stock price.
Veritone (VERI)
Veritone is a software company that provides artificial intelligence (AI)-powered solutions for media and entertainment, public safety, and government. The company’s products are used by a variety of customers, including the FBI and the Department of Homeland Security.
Veritone was founded in 2014 and is headquartered in Los Angeles, California. The company has over 700 employees and operates in over 20 countries.
Veritone’s products are based on its proprietary aiWARE™ platform, which is an enterprise AI platform that orchestrates an ever-growing ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence.
Veritone’s products are used for a variety of purposes, including:
Media and entertainment: Veritone’s products are used to create and manage content, identify and protect intellectual property, and automate workflows.
Public safety: Veritone’s products are used to investigate crimes, identify suspects, and analyze evidence.
Government: Veritone’s products are used to manage records, automate workflows, and make better decisions.
Veritone is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for AI-powered solutions in a variety of industries.
Investment Highlights
Strong customer base in the media and entertainment, public safety, and government industries
Proprietary aiWARE™ platform
Growing demand for AI-powered solutions
Risks to Consider
The company is still relatively young and has not yet generated significant revenue
The company’s products are still under development and there is no guarantee of success
The company faces competition from other companies that are developing similar products
Overall, Veritone is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for AI-powered solutions in a variety of industries. However, investors should be aware of the risks associated with investing in a young company with unproven products.
Lantronix (LTRX)
Lantronix is a networking company that provides IoT-powered solutions for the industrial Internet of Things (IIoT) and Remote Environment Management (REM). The company’s products are used by a variety of customers, including healthcare providers and industrial manufacturers.
Lantronix was founded in 1989 and is headquartered in Irvine, California. The company has over 300 employees and operates in over 20 countries.
Lantronix’s products are divided into three main categories:
IoT Building Blocks: These products provide the foundation for IoT deployments, including gateways, routers, and embedded devices.
Cloud-based Device Management: These products provide a way to manage and secure IoT devices from the cloud.
Automated Downtime Managers: These products help to prevent downtime by automatically detecting and resolving problems with IoT devices.
Lantronix’s customers are in a variety of industries, including healthcare, manufacturing, and retail. The company’s products help businesses to improve their efficiency, productivity, and profitability.
Investment Highlights
Strong customer base in the healthcare, manufacturing, and retail industries
Proprietary IoT Building Blocks platform
Growing demand for IoT solutions
Risks to Consider
The company is still relatively small and has not yet generated significant revenue
The company’s products are still under development and there is no guarantee of success
The company faces competition from other companies that are developing similar products
Overall, Lantronix is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for IoT solutions. However, investors should be aware of the risks associated with investing in a small company with unproven products.
Rekor Systems (REKR)
Rekor Systems is a transportation technology company that uses artificial intelligence (AI) to provide data and analytics solutions for public transportation. The company’s products are used by a variety of transit agencies, including the Los Angeles Metro and the New York City Metropolitan Transportation Authority.
Rekor Systems was founded in 2012 and is headquartered in Austin, Texas. The company has over 100 employees and operates in over 20 countries.
Rekor Systems’ products use AI to collect, connect, and organize the world’s mobility data to deliver revolutionary roadway intelligence – laying the foundation for a digital-enabled operating system for the road.
The company’s products are used for a variety of purposes, including:
Vehicle detection: Rekor Systems’ products can be used to detect vehicles, including their type, make, model, and license plate number. This can be used for a variety of purposes, such as traffic management, law enforcement, and parking enforcement.
Speed enforcement: Rekor Systems’ products can be used to enforce speed limits by automatically detecting vehicles that are exceeding the speed limit. This can help to reduce traffic accidents and improve traffic flow.
Parking enforcement: Rekor Systems’ products can be used to enforce parking regulations by automatically detecting vehicles that are parked illegally. This can help to free up parking spaces and improve traffic flow.
Passenger counting: Rekor Systems’ products can be used to count passengers on public transportation vehicles. This can help transit agencies to better understand ridership patterns and optimize their routes.
Rekor Systems is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for AI-powered solutions in the transportation industry.
Investment Highlights
Strong customer base in the public transportation industry
Proprietary AI technology
Growing demand for AI-powered solutions in the transportation industry
Risks to Consider
The company is still relatively young and has not yet generated significant revenue
The company’s products are still under development and there is no guarantee of success
The company faces competition from other companies that are developing similar products
Overall, Rekor Systems is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for AI-powered solutions in the transportation industry. However, investors should be aware of the risks associated with investing in a young company with unproven products.
Cheetah Mobile (CMCM)
Cheetah Mobile is a mobile technology company that develops AI-powered apps and services. The company’s products are used by over 1 billion users worldwide.
Cheetah Mobile was founded in 2009 and is headquartered in Beijing, China. The company has over 3,000 employees and operates in over 100 countries.
Cheetah Mobile’s products are divided into three main categories:
Security: Cheetah Mobile’s security products help to protect users from malware, viruses, and other online threats.
Utilities: Cheetah Mobile’s utilities products help users to manage their phones, including cleaning up junk files, optimizing battery life, and boosting performance.
Games: Cheetah Mobile’s games products are a range of casual and hyper-casual games.
Cheetah Mobile’s products are popular in China and other emerging markets. The company has been criticized for its aggressive advertising practices, but it remains one of the most successful mobile technology companies in the world.
Investment Highlights
Large user base
Strong brand recognition
Growing demand for mobile security and utility products
Risks to Consider
Aggressive advertising practices
Competition from other mobile technology companies
Regulatory risks in China
Overall, Cheetah Mobile is a well-established mobile technology company with a large user base and strong brand recognition. The company is well-positioned to benefit from the growing demand for mobile security and utility products. However, investors should be aware of the risks associated with the company’s aggressive advertising practices and regulatory risks in China.
Innodata Inc. (INOD)
Innodata Inc. is a technology services company that provides AI-powered solutions for the financial services industry. The company’s clients include some of the largest banks in the world.
Innodata was founded in 1983 and is headquartered in Wayne, Pennsylvania. The company has over 1,000 employees and operates in over 20 countries.
Innodata’s products are divided into three main categories:
Data Engineering: Innodata’s data engineering products help businesses to collect, clean, and manage their data.
AI Solutions: Innodata’s AI solutions help businesses to use AI to improve their operations.
Managed Services: Innodata’s managed services help businesses to outsource their data and AI needs.
Innodata’s clients are in a variety of industries, including financial services, healthcare, and manufacturing. The company’s products help businesses to improve their efficiency, productivity, and profitability.
Investment Highlights
Strong customer base in the financial services industry
Proprietary AI technology
Growing demand for AI-powered solutions in the financial services industry
Risks to Consider
The company is still relatively small and has not yet generated significant revenue
The company’s products are still under development and there is no guarantee of success
The company faces competition from other companies that are developing similar products
Overall, Innodata is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for AI-powered solutions in the financial services industry. However, investors should be aware of the risks associated with investing in a small company with unproven products.
Amesite (AMST)
Amesite is a technology company that provides AI-powered solutions for the healthcare industry. The company’s products are used by a variety of healthcare providers, including hospitals and clinics.
Amesite was founded in 2014 and is headquartered in Detroit, Michigan. The company has over 100 employees and operates in over 10 countries.
Amesite’s products are divided into three main categories:
Clinical decision support: Amesite’s clinical decision support products help healthcare providers to make better decisions about patient care.
Patient engagement: Amesite’s patient engagement products help healthcare providers to engage patients in their care.
Learning and development: Amesite’s learning and development products help healthcare providers to stay up-to-date on the latest medical knowledge.
Amesite’s clients are in a variety of healthcare settings, including hospitals, clinics, and academic medical centers. The company’s products help healthcare providers to improve the quality of care, reduce costs, and improve patient outcomes.
Investment Highlights
Strong customer base in the healthcare industry
Proprietary AI technology
Growing demand for AI-powered solutions in the healthcare industry
Risks to Consider
The company is still relatively young and has not yet generated significant revenue
The company’s products are still under development and there is no guarantee of success
The company faces competition from other companies that are developing similar products
Overall, Amesite is a growth company with a strong potential for future growth. The company is well-positioned to capitalize on the growing demand for AI-powered solutions in the healthcare industry. However, investors should be aware of the risks associated with investing in a young company with unproven products.
Cootek (COOK)
Cootek is a mobile technology company that develops AI-powered apps and games. The company’s products are used by over 500 million users worldwide.
Cootek was founded in 2008 and is headquartered in Beijing, China. The company has over 2,000 employees and operates in over 100 countries.
Cootek’s products are divided into two main categories:
Apps: Cootek’s apps are a range of productivity, lifestyle, and entertainment apps.
Games: Cootek’s games are a range of casual and hyper-casual games.
Cootek’s products are popular in China and other emerging markets. The company has been criticized for its aggressive advertising practices, but it remains one of the most successful mobile technology companies in the world.
Investment Highlights
Large user base
Strong brand recognition
Growing demand for mobile apps and games
Risks to Consider
Aggressive advertising practices
Competition from other mobile technology companies
Regulatory risks in China
Overall, Cootek is a well-established mobile technology company with a large user base and strong brand recognition. The company is well-positioned to benefit from the growing demand for mobile apps and games. However, investors should be aware of the risks associated with the company’s aggressive advertising practices and regulatory risks in China.
These are just a few of the many artificial intelligence stocks under $10 that are available. When choosing AI stocks to invest in, it is important to do your research and understand the risks involved. However, if you are looking for an opportunity to get involved in the growing field of AI, these stocks could be a good place to start.
