The majority of investors are knowledgeable about the concept. AI The typical contenders. Leading semiconductor companies such as Nvidia technology and software firms such as Microsoft They have experienced a significant increase in value recently due to the market’s excitement for AI stocks, and there is a strong possibility that they will continue to rise even further.
On the other hand, there are additional AI stocks that hold promise. exponential Investors seeking growth in the future should focus on artificial intelligence stocks. Nano-X Imaging ( NNOX -1.97% ) , Riskified ( RSKD -16.02% ) , and Rubrik ( RBRK 0.06% ) .
Contents
- 1 A drawing of this groundbreaking medical imaging startup
- 2 AI is a strong tool in combating fraud.
- 3 Artificial intelligence can help individuals who require assistance with recovering lost data.
- 4 Do these stocks related to artificial intelligence present good investment opportunities at the moment?
A drawing of this groundbreaking medical imaging startup
Innovations in radiology are rare occurrences, but when they do happen, they can bring about significant changes. Nano-X Imaging, known as Nanox, is aiming to revolutionize the field with its Nanox.ARC X-ray imaging device. This device is not only smaller and simpler but also more cost-effective compared to traditional X-ray machines. While the deployment of the Nanox.ARC system has been slower than anticipated, the company has made strides by installing systems in five states by 2023. Additionally, Nanox offers AI solutions, called Nanox.AI, to assist in interpreting patients’ scans. These FDA-approved AI solutions can help detect various health conditions such as coronary artery disease, musculoskeletal issues, and fatty liver disease.
AI superpower Nvidia is an investor in its own right. Nanox has gained credibility, but investing in it still carries risks because there is no guarantee that healthcare providers will widely adopt the company’s technology. Investors will have a clearer picture of the situation after the release of the second-quarter financial results on Aug. 20. If there is a significant increase in the use of Nanox.ARC systems reported, it will likely attract attention in the market.
AI is a strong tool in combating fraud.
Although numerous companies have only recently started using AI technology, Riskified has been utilizing AI solutions for over ten years. Introducing them to the market. IPO In July 2021, during its Initial Public Offering (IPO), Riskified described itself as the sole AI fraud and risk intelligence company that is publicly traded. This means that Riskified specializes in assisting with fraud and risk management using artificial intelligence technology. online retail businesses By utilizing its artificial intelligence tools, Riskified aims to decrease operational costs and enhance customer satisfaction. The customers of Riskified include prominent industry giants such as Acer in the electronics sector and leading footwear brands. Steve Madden to stores that sell furniture Wayfair .
Even though it was established in 2012, Riskified continues to have a significant potential for growth in the market. For instance, in 2023, Riskified assessed over $123 billion in gross merchandise volume, which represents only a small portion of the approximately $5.8 trillion in worldwide online sales in 2023 and the expected $7.9 trillion in global e-commerce sales by 2027.
Riskified reported a free cash flow of $3.7 million in Q3 2023. This increased to $7.1 million in Q4 2023 and $10.5 million in Q1 2024. Having no debt and a growing free cash flow, Riskified presents a significant growth potential with a lower risk level.
Artificial intelligence can help individuals who require assistance with recovering lost data.
Having been on the public market for slightly over three months, Rubrik is commemorating the occasion. cybersecurity expert made its initial public offering in April The company provides a complete solution for businesses that want to safeguard their data using Rubrik Security Cloud. Utilizing a zero-trust framework, Rubrik Security Cloud ensures data protection at all levels, whether it is within the organization, in the cloud, or elsewhere. SaaS Rubrik’s architecture, which integrates data and metadata, enables the software to effectively identify data security risks and offer advanced data recovery using AI technology. artificial intelligence technique that enables machines to learn and improve from experience .
One positive indicator for Rubrik is an increase in its expansion. Yearly repeating income Rubrik is experiencing a positive response from customers towards its subscription model, as indicated by its Annual Recurring Revenue (ARR) growth. In the first quarter of 2025, Rubrik achieved an ARR of $856 million, marking a 46% increase compared to the previous year. If Rubrik continues to expand its ARR and moves closer to generating positive free cash flow by the end of fiscal 2025, it is expected that the company’s stock value will increase.
Investing in semiconductor manufacturers is a proven method to capitalize on AI, however, there are multiple avenues to tap into the potential of AI. Companies like Nanox, Riskified, and Rubrik are leveraging AI to improve their products and services. Nanox offers high growth potential for investors willing to take on more risk. On the other hand, Riskified, which is currently generating cash flow, may appeal to more risk-averse investors. For those interested in cybersecurity, exploring Rubrik as an investment option would be beneficial.
