3 Artificial Intelligence (AI) Stocks with the Potential to Create Millionaires

If you want to find stocks with the potential to create millionaires, you'll need to take some bold risks. These kinds of stocks offer significant growth opportunities, but they also come with greater risk compared to well-established, large-cap companies.

Here are three stocks that are high-risk but could deliver substantial rewards.

1. SoundHound AI

SoundHound AI ( SOUN 9.09%) has evolved far beyond its origins in voice recognition. The company now aims to pioneer a new generation of voice-first artificial intelligence (AI) agents that can manage tasks in real time through natural, conversational interactions. Unlike standard chatbots that simply reply to questions, SoundHound’s technology can interpret a user’s intent before they finish speaking, representing a major advancement in how people engage with AI. This gives SoundHound a significant advantage as businesses seek AI that can perform actions, not just provide answers.

By acquiring Amelia, SoundHound expanded into highly regulated sectors like healthcare and finance. The integration of Amelia’s conversational AI with SoundHound’s speech-to-meaning technology led to the launch of Amelia 7.0, which functions more like a digital team member, connecting with enterprise systems and handling complete transactions. SoundHound has begun transitioning major clients to this platform and has also acquired Interactions to further enhance collaboration among its AI agents.

The company is experiencing rapid growth, with last quarter’s revenue soaring 217% year over year to $42.7 million. Additionally, SoundHound is nearing a turning point toward profitability, with management expecting to achieve positive adjusted EBITDA by the end of 2025.

Despite facing intense competition and trading at a lofty forward price-to-sales (P/S) ratio of 37 based on 2026 consensus projections, if SoundHound’s voice-centric approach to agentic AI proves to be a true differentiator, the long-term rewards could be considerable.

2. UiPath

UiPath ( PATH -3.88%) first gained recognition for its robotic process automation (RPA) solutions, but it is now rapidly transforming into a broader platform for agentic automation, where AI agents, bots, and humans collaborate across business processes. The company has recently formed strong partnerships to advance this vision, including alliances with Nvidia, Alphabet, and OpenAI.

Perhaps its most notable partnership is with Snowflake. By integrating its agentic automation platform with Snowflake’s Cortex AI, UiPath enables organizations to move directly from data insights to automated, real-time execution. This compelling offering strengthens UiPath’s position as a viable competitor to Palantir’s data-driven decision-making platforms. The key advantage is that customers can leverage the data they already store in Snowflake, directly challenging Palantir’s core ability to turn data into actionable outcomes and potentially helping Snowflake users achieve quicker returns on their data investments.

Although UiPath’s growth has decelerated, there are signs of renewed momentum. Over 450 customers are already developing AI agents on its platform, and these new partnerships could help accelerate growth significantly. With a forward P/S ratio of under 5 based on 2026 revenue projections, UiPath could see substantial gains if it manages to reignite its previous rapid expansion.

3. GitLab

GitLab ( GTLB 1.11%) is also undergoing a transformation. The company has been broadening its focus beyond DevSecOps to become a comprehensive software development lifecycle platform, making it an indispensable resource for developers aiming to deliver code more quickly and securely. GitLab has maintained steady growth, with revenue increasing between 25% and 35% for eight consecutive quarters, including a 29% rise last quarter to $236 million. Its dollar-based net retention rate is a robust 121%, indicating that existing clients are expanding their usage and upgrading to higher-tier plans.

One of GitLab’s major growth opportunities is Duo, an AI agent designed to automate repetitive tasks so developers can dedicate more time to coding. This is particularly valuable since developers typically spend only about 20% of their time actually writing code. Concerns that AI would reduce the demand for developers have not materialized; instead, software development is accelerating, which benefits GitLab.

The company’s shift to a hybrid seat-plus-usage pricing model could be its biggest growth catalyst. This approach should allow GitLab to capture more revenue as clients expand, while also providing a buffer if development teams eventually contract. As GitLab delivers greater value, resistance to this new pricing structure is expected to be minimal.

With a forward price-to-earnings (P/E) ratio of just 7 based on 2026 analyst forecasts, GitLab’s stock appears undervalued given the significant opportunities ahead.