Palantir (NASDAQ: PLTR) has been a popular artificial intelligence (AI) stock pick over the past year. It surged by about 340% in 2024 and recently notched a new all-time high. However, there are other AI stocks that are even more promising.

The popular phrase "reports of my death are greatly exaggerated," an adaptation of a famous Mark Twain quote, is a terrific way to describe Nvidia (NASDAQ: NVDA) after the DeepSeek bombshell (more on this below) sank its stock more than 20%.

The technology sector is projected to experience significant growth in 2025, with worldwide IT spending expected to reach approximately $5.61 trillion, marking a 10% increase from 2024. Key drivers of this growth include substantial investments in artificial intelligence (AI) and cloud services,

Artificial intelligence (AI) investing experienced a shakeup at the end of January with the release of DeepSeek's R1 model. This model was reported to have been trained far more cheaply than its U.S.