The Best ASX AI Stocks to invest in Right Now
The ASX AI stocks market is set for strong momentum in FY25, with companies harnessing artificial intelligence to drive innovation and efficiency. As the demand for artificial technology stocks grows, investors are looking for the best AI stocks on the ASX 200 that offer long-term potential. While OpenAI stock isn’t publicly available, several Australian companies are emerging as leaders in AI-driven solutions. For those looking to invest in AI, identifying the best AI companies to invest in this year could unlock significant opportunities. From automation and data analytics to machine learning, the best artificial intelligence stocks on the ASX are positioned to capitalize on the AI boom.Â
In this guide, we analyze top AI stocks ASX investors should consider for FY25 and beyond.
1. NEXTDC (ASX: NXT)
NEXTDC stands as Australia’s premier data centre operator, delivering cutting-edge infrastructure essential for cloud computing, artificial intelligence, and other advanced digital technologies.
Its high-tech facilities offer secure, energy-efficient environments tailored for large-scale data storage and processing—making it a key enabler of the digital economy. As demand for AI-driven applications grows, businesses require scalable and high-speed data solutions, positioning NEXTDC’s services as a crucial component of this transformation.
A major draw for investors is the company’s pivotal role in supporting the rapid expansion of AI stocks ASX, big data, and cloud technologies. Its commitment to sustainability, including carbon-neutral operations and renewable energy adoption, enhances its attractiveness as enterprises prioritize greener tech solutions.
With a strong market presence and ongoing expansion in its data centre network, NEXTDC is well-positioned to benefit from the rising demand for artificial technology stocks in FY25.
NEXTDC’s market capitalisation stands at approximately $9.66 billion.
2. Life360 Inc (ASX: 360)
Life360 Inc. is a technology firm best known for its widely used family safety app, offering real-time location sharing, driving analysis, and emergency alerts.
By leveraging artificial intelligence, the platform continuously enhances features like crash detection and personalized safety insights, making it a highly adaptive solution. This integration of AI helps refine user experiences and increase the app’s responsiveness to real-world situations.
With a rapidly expanding user base and a subscription-based revenue model, Life360 presents an attractive opportunity for investors. Its global expansion and continuous AI-driven innovations solidify its position in the market.
As the need for connected, AI-powered safety solutions grows, Life360 is well-positioned to capitalize on this trend, making it a compelling choice for those looking to invest in AI.
The company currently holds a market capitalisation of $3.05 billion.
3. Dicker Data (ASX: DDR)
Dicker Data is a leading distributor of technology solutions in Australia and New Zealand, specializing in hardware, software, and cloud services. The company plays a critical role in digital transformation, supporting businesses that are adopting AI-driven technologies.
Partnering with major tech giants like Microsoft, Cisco, and Dell, Dicker Data provides key infrastructure and tools that enable businesses to implement AI effectively. Its strong market position and consistent revenue growth make it an attractive option for those seeking exposure to artificial intelligence to invest in.
As organisations continue integrating AI into their operations, Dicker Data is poised to benefit from this increasing demand. With a robust distribution network and strategic alliances, the company is well-positioned as a significant player in the AI stocks ASX space.
Dicker Data has a market capitalisation of $1.49 billion.
4. Megaport Ltd (ASX: MP1)
Megaport Ltd specializes in Network-as-a-Service (NaaS) solutions, providing businesses with seamless cloud connectivity through flexible, on-demand services.
Rather than relying on traditional network infrastructure, Megaport enables companies to quickly and securely connect to top-tier cloud providers such as AWS, Microsoft Azure, and Google Cloud. This capability is crucial for AI applications, which require high-speed, scalable connectivity to function optimally.
Megaport’s global reach and role in cloud-based AI infrastructure make it a standout among best artificial intelligence stocks to watch in FY25. Its strong growth trajectory, strategic partnerships, and ability to support AI-driven digital transformation add to its appeal for investors.
Megaport’s market capitalisation is approximately $1.17 billion.
5. BrainChip Holdings (ASX: BRN)
BrainChip Holdings is a pioneer in neuromorphic computing, developing AI technology that mimics the human brain’s processing capabilities.
Its flagship product, the Akida™ neural processor, enables faster, more energy-efficient AI computations directly on devices—enhancing performance while reducing power consumption. BrainChip’s innovations have applications in sectors such as cybersecurity, autonomous vehicles, and the Internet of Things (IoT), making it a key player in the AI industry.
What sets BrainChip apart is its focus on edge AI—processing data closer to the source rather than relying on cloud-based computing. This approach minimizes latency and enhances efficiency, making it an attractive investment for those looking at best AI companies to invest in.
As BrainChip continues to refine its technology and establish high-profile partnerships, its growth potential remains strong. Investors looking for artificial intelligence to invest in should keep an eye on this emerging leader.
BrainChip’s market capitalisation is approximately $483.63 million.