Artificial intelligence (AI) has been the driving force behind the stock market's gains since the release of ChatGPT in November 2022. Few companies have benefited more from the advancements and excitement around generative AI than Palantir Technologies (NASDAQ: PLTR).

Back in 2022, billionaire Stanley Druckenmiller made a sizable bet on chipmaker Nvidia. The company has gone on to become one of the biggest winners of advancements in generative AI, for which its graphics processing units (GPUs) are well suited.

Shares of Datadog (NASDAQ: DDOG) have jumped an impressive 36% in the past two months, well beyond the broad recovery stocks have seen as President Trump put a pause on his most aggressive trade policies.