Warren Buffett has led Berkshire Hathaway to market-beating returns since 1965. Buffett uses a simple investing strategy, and he never chases hot stock market trends like artificial intelligence (AI).

Nvidia stock has been one of the biggest winners of the artificial intelligence (AI) revolution in the past couple of years, clocking remarkable gains of nearly 800% over the past two years on account of the red-hot demand for its data center graphics cards,

Upstart (NASDAQ: UPST) and Lemonade (NYSE: LMND) are two small AI companies with a combined value of less than $8 billion, as of this writing, but they have the potential to change the world and make investors very wealthy in the process.

These 3 Artificial Intelligence (AI) Stocks More Than Quadrupled in 2024. Here's the 1 Wall Street Likes the Most Now.