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He often does so by building companies around emerging technology.
Thats why its no surprise that many of Cubans most promisinginvestmentscurrently involve artificial intelligence.
Here are 20 companies hes partnered with to build the future with AI.
Also see why Mark said mastering AI is the key to building wealth.
DIRT
DIRTis an AI-powered predictive engine that focuses on audience engagement.
It helps businesses understand whats relevant to consumers based on neuroscientific technology and the principles behind emotions.
Cuban, however, hasnt said what percentage of the company heownsor how he supports its founders.
If effective, it could be the AI play that helps Cuban earn his next billion.
Samaya could help society break through difficult knowledge barriers and invent new solutions to tough problems.
Its unclear exactly how this will make Cuban money today, but the potential applications are enormous.
Companies that use AI to power breakthroughs have incredible upside because the technology is so new.
Phaidra
Next is Phaidra, a company that creates AI-powered control systems for the industrial manufacturing sector.
Phaidrascloud-based intelligence serviceuses AI to automatically learn and self-improve based on sensor data.
This helps businesses improve their energy efficiency and sustainability, among other benefits.
For example, Phaidra recently helped Google reduce its cooling energy usage by 40% in its data centers.
Cuban participated in a 2021 funding round for Phaidra, which raised a collective$4 million.
He gave the money to help the company build the future of industrial automation.
Percepto
Cuban is also an investor inPercepto a computer vision platform designed for drones.
Percepto uses AI to help drones automatically monitor industrial sites.
This keeps those facilities and the assets they hold more secure.
Cuban has been aninvestorin Percepto since 2015.
However, he hasnt shared what percentage of the company he owns or how he supports its leadership.
Genetesis
Genetesismakes an AI-powered imaging unit for faster and less invasive cardiovascular screenings.
Thats how the company and its under-30 founders managed to raise$40 millionfrom investors like Cuban.
Its another example of a business thats using AI to attempt to shake uplong-standing industry practices.
Youll find that this is a theme of Cubans investments in artificial intelligence.
Artificial intelligence … if you dont understand it learn it, hesaid.
Because otherwise youre going to be a dinosaur within three years.
Alethea AI
Mark Cuban also invests in a variety of blockchain and cryptocurrency projects.
Aletheais a decentralized protocol that embeds AI animations, interactions and generative capabilities into NFTs.
If you arent familiar with NFTs, think of them like digital collectibles.
Theyreimages or animationsthat exist only online and can be owned by only one person.
This could become important as the world continues digitizing.
As more and more of our lives happen online, digital collectibles like NFTs could gain wider acceptance.
Cuban is well-positioned to profit from this thanks to his investments in companies like Alethea AI.
The platform creates personalized tutors through AI for amore immersive learning experience.
It can make it easier for a student to learn tough new concepts and remember the material for life.
Plus, its entirely free to use.
Its the kind of material that prompts new discoveries, which may lead to other income-generating opportunities.
FORT Robotics
Robotics is one of the most intriguing fields for AI applications.
If technology continues improving, we could eventually have fully autonomous, highly intelligent robots everywhere.
Thats why its no surprise that Cuban has an AI play in this sector, too.
Hes invested in FORT Robotics, which has built anew security platformfor smart machines and autonomous systems.
The security platform adds an important layer of protection toAI-powered robotic systems.
This reduces risk and accelerates development timelines.
FORT already serves hundreds of customers and counts dozens of Fortune 1,000 companies as its clients.
Its solutions are used across the world in warehouses, at agricultural businesses, on manufacturing floors and elsewhere.
Sportlogiq
AI isnt just going to impact critical industries like healthcare and manufacturing.
Like the internet, its a technology that could improve most aspects of our lives.
Sports are a great example of this.
As a long-time owner of the Dallas Mavericks, Mark Cuban is a huge sports fan.
Sportlogiq uses publicly available broadcast feeds to analyze in-game player movement.
It takes that data and generates deep insights intoplayers, teams and games.
Spontivly
Cuban has invested in many companies that focus exclusively on artificial intelligence.
Hes also invested in some that use AI to supplement another tool or platform.Spontivlyis an example of the latter.
Its a data visualization solution that leverages AI to generate more actionable insights, graphs and charts.
This makes it easier to share complicated insights across teams and areas of expertise.
Spontivly integrates with a companys suite of community tools to help them talk to one another.
The company is also working on a financial AI model calledCastello.
Its similar to ChatGPT, in that it responds to real-language search requests.
The company was recently in the news for helping Ukrainian refugees securely access their health records, according toBetaKit.
Its another example of the widespread impact AI is already starting to have.
Toggle Robotics
FORT isnt the only AI robotics play that Cuban has made.
This makes job sites safer and helps speed up the construction process.
Strella has patented sensing technology that predicts the ripeness of fruits and vegetables.
This opens new opportunities for optimization in the supply chain, helping companies decrease their waste.
The platform uses gameplay to measure an applicants strengths and weaknesses.
Then it uses AI to compare those strengths and weaknesses to the top team members.
For example, Scoutible could show an employer that its top-performing employees are highly independent, yet outgoing.
The employer could then use Scoutible during its hiring process to find candidates who fit this mold.
Scoutible also has an AI career coach for individuals called Hero Mode.
The app gamifies professional growth to help employees reach their goals faster.
The data that clothing designers get from Bold Metrics can be helpful elsewhere, too.
For example, more detailed consumer fit data can reshape how brands design and manufacture their clothes.
This can drive sustainability improvements while improving the customer experience.
The platform offers real-time government analytics on:
The resulting insights can be helpful for different groups of people.
For example, politicians can use Fiscal Note to build stronger constituent relationships through more effective communication strategies.
Hirebotics
Hireboticsis another interesting Cuban investment at the intersection of robotics and artificial intelligence.
It sellscobots, which are robots that can work safely alongside humans in shared workspaces.
The company stands out from others in the industry with its Beacon cloud platform.
This runs on a smartphone and lets metal workers set custom weld and cut parameters in minutes.
With Beacon, robots can adjust to production changes in minutes instead of hours or days.
HomeCourt
Next, we haveHomeCourt an app that uses AI to help basketball players improve.
Its leveraging AI to help companies run more effective digital marketing campaigns.
Preflect specializes in AI-driven targeting.
It helps companies get more value out of the money they spend on their digital campaigns.
The app also uses AI to transform basic images into beautiful ads.
Theres also a social element to the app.
Users can share the games they make with others, comment on games and climb leaderboards.
Its a great example of how artificial intelligence is opening up new opportunities for the average person.
He doesnt just think it will be an important technology in the future.
He believes it will be foundational perhaps as vital as the internet is today.
Cubans many AI investments underscore these beliefs, but hes also given some strong quotes about artificial intelligence.
Another Cuban investment, Strella Biotechnology, is leveraging AI to reduce food waste.
Companies that dont make AI hardware or software can nonetheless be transformed by the technology.
These under-the-radar opportunities sometimes have more upside because there are fewer investors interested in them today.
Is Cuban Making Money From His AI Investments?
You might be wondering how Cubans AI investments have performed.
But theres not much data available to analyze this.
This could be meaningful.
For example, there are plenty of publicly listed companies that are valued for their AI applications.
However, Cuban chooses to invest in private businesses that are still in their early stages of growth.
That might be because its a profile Cuban looks for when evaluating new AI investments.
He could choose private companies because they have lower valuations and, therefore, more upside.
This is speculation, but its a tactic to consider when youre looking for your own AI investments.
This proves that hes a believer in the technology and the potential it has to transform the world.
However, we dont know how much of Cubans wealth is in AI investments.
Thats important to remember before investing in AI companies.
Even though Cuban believes in their transformative power, he hasnt put all of his money into them.
Youll want to diversify similarly based on your portfolios size.
Thatll make it easier to hold your AI investments and benefit from their long-term growth, just like Cuban.
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