Seamless ai stock3/2/2024 Strong demand for Wi-Fi 6 products was the primary driver of revenue growth. NETGEAR, Inc.'s (NASDAQ: NTGR) revenue in the first quarter of 2021 increased by 38.3% to $317.9 million, up from $230 million in the first quarter of 2020. offers are whole-home mesh WiFi, switches, powerline, business routers, and network storage. (NASDAQ: NTGR) is a California-based technology company that creates cutting-edge networking technologies that link individuals and fuel companies. Shares of INOD surged 357% over the past twelve months.Ī cognitive smart home is based on the application of automation and artificial intelligence. In the first quarter of 2021, total sales were $16 million, up 4% from $15.3 million in the fourth quarter of 2020. Some of the company's biggest clients are business and financial firm Bloomberg and tech giant Apple Inc. Finally, the AI firm provides an intelligent data platform that uses its data models or client data models to convert medical records into usable digital data. (NASDAQ: INOD) helps clients with digital data distribution for marketing and public relations. By utilizing artificial intelligence and machine learning, the company solves a wide range of data challenges. provide technology, consulting services, and business processes. Data engineering specialists such as Innodata Inc. The New Jersey-based company was founded in 1988. (NASDAQ: INOD ) is one of the small-cap AI stocks that drives the growth of rising tech and innovations. Shares of AI climbed 17% in the last month. The company's revenue in the third quarter of 2021 came in at $49.1 million, up 19% from $41.2 million in the third quarter of 2020. Among the biggest companies that utilize the company's AI services are Raytheon Technologies Corporation (NYSE: RTX ), Royal Dutch Shell plc (NYSE: RDS-A ), 3M Company (NYSE: MMM ), and Baker Hughes Company (NYSE: BKR ). (NYSE: AI) offers software as a service (SaaS) that supports the application of enterprise-scale AI solutions in commercial, industrial, financial, and government sectors. 8, the California-based enterprise artificial intelligence company priced its initial public offering at $42 per share. In December, the market witnessed one of the hottest IPOs of 2020 with the launch of Microsoft-backed AI software firm C3.ai, Inc. Shares of MSFT increased 35% over the past twelve months. In the third quarter of 2021, Microsoft Corporation (NASDAQ: MSFT) posted revenue of $41.7 billion and net income of $15.5 billion. Microsoft Corporation (NASDAQ: MSFT) also introduced Azure Applied AI Services, a set of cloud-based AI services that improve and speed up business processes including document processing and data extraction. The Washington-based tech company offers Microsoft AI Platform, a powerful platform for creating AI solutions in conversational AI, deep learning, data sciences, automation, and IoT. Undoubtedly, tech behemoth Microsoft Corporation (NASDAQ: MSFT) is one of the biggest AI players in the world. As artificial intelligence gain more traction in 2021, many investors are looking for the next most promising AI company to invest in such as Microsoft Corporation (NASDAQ: MSFT ). Artificial intelligence is a vital invention that isn't going away anytime soon, as smart devices, enterprise software, data analytics, and algorithms play a significant role not just in fighting a global outbreak, but also in helping us prepare for other economic and health issues that may arise in the future.Īccording to the latest data from the International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Tracker, global revenues for the artificial intelligence (AI) market, including software, hardware, and services, are expected to grow 16.4% year over year to $327.5 billion in 2021. AI-powered businesses stayed afloat amidst the surge of COVID-19 as companies adopted robots in the hotel industry while the manufacturing and industrial segments implemented AI automation. The pandemic-driven recession harmed big and small businesses across all industries in terms of revenue and growth, but it only accelerated the usage of artificial intelligence. You can skip our comprehensive analysis and outlook of the artificial intelligence industry and go directly to the 5 Small-Cap AI Stocks. In this article, we will take a look at the 10 best small-cap AI stocks.
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