Sasha Jovanovic
5 min read
Business investment is tilting toward artificial intelligence, and that shift is not just a story about mega caps. As companies pour money into automation and data tools to control costs, smaller AI specialists can end up supplying the picks and shovels for this new productivity push. This article walks through three small cap AI stocks from our US screener and explains where each might fit in a long term portfolio.
The three stocks below are a small sample. The full AI small cap screen surfaced 36 more companies with equally compelling stories that are not covered here. To pressure test your own ideas, go to the AI Small Caps screener to identify, filter, and analyze the highest conviction opportunities.
Intapp (INTA)
Intapp leans into the AI Small Caps theme through its Assist platform, which plugs machine learning and natural language tools directly into everyday workflows for dealmakers, lawyers, and accountants, rather than offering generic lab tech.
Intapp provides AI powered, cloud based software that helps professional and financial firms manage deals, compliance, time, and collaboration. The business generates about US$600 million in Software and Programming revenue and carries a market cap of roughly US$3.2b.
“Although Intapp highlights strong cloud ARR and AI driven bookings, the persistence of GAAP net losses such as the Q4 FY26 loss of US$5.53 million suggests that higher cost to deliver Firm AI and Celeste, including compute, data, and specialist personnel, could keep GAAP earnings subdued even if subscription revenue grows as guided.”
What happens to Intapp’s long term margin story if that hidden economic pressure does not ease as quickly as bullish models assume?
If that pressure on margins is what worries you, read the full narrative for Intapp to see how Intapp could still turn AI spend into stronger long term economics.
SoundHound AI (SOUN)
SoundHound AI builds voice based artificial intelligence tools that power conversational assistants in cars, consumer devices, and customer service, directly linking it to the AI Small Caps theme through Houndify and Chat AI. The business reports about US$203 million in Internet Software & Services revenue and carries a market cap near US$1.9b.
For investors looking beyond the mega caps, SoundHound AI offers a pure play on voice and conversational AI that already touches real world products in cars, restaurants, and connected devices. This sets up a different kind of growth question than generic AI hype.
“Planned migration of workloads from third party models to SoundHound AI’s own Polaris and in house large language models, together with expected acquisition synergies, is intended to lift gross margin above 70% and improve earnings quality.”
