Artificial intelligence is becoming a core building block for everything from semiconductors and cloud to software that taps into tools like ChatGPT, and investors are paying attention. With inflation trends, central bank signals and energy prices all under scrutiny, some readers are looking for companies that are closely tied to this AI shift rather than broad macro moves. The Artificial Intelligence / AI Stocks screener focuses on businesses directly involved in chips, large language models, cloud and AI transformation. Below, the article will highlight three stocks from the screener that many investors are watching as potential ways to gain exposure to this theme.

Docebo (TSX:DCBO)

Overview: Docebo is a Toronto based software company that provides a cloud learning platform, helping companies design, deliver, and measure employee, customer, and partner training using tools such as AI powered search, analytics, and integrations with systems like Salesforce and Microsoft Teams.

Operations: Docebo generates all of its approximately $251 million in revenue from educational software, with around $169 million from the United States, $69 million from the rest of the world, and $14 million from Canada.

Market Cap: CA$655.2 million

Investors watching AI may consider monitoring Docebo, which is incorporating AI into a broad learning platform through features like Harmony search, AI Tutor, and skills intelligence to help large organizations run training more efficiently. The company is expanding into higher value areas such as U.S. public sector contracts and deeper enterprise deployments, and it has recently lifted its 2026 revenue guidance. At the same time, a recent swing to a quarterly net loss, high leverage and customer concentration, including the loss of a major AWS contract, indicate that execution needs to be tight. The wide gap between its current share price and some valuation estimates is where the real debate on Docebo begins.

Docebo’s AI training engine sits between lifted 2026 revenue guidance and a fresh quarterly net loss, so the real question is how that tension resolves in the 4 key rewards and 3 important warning signs (1 is major!)

Kinaxis (TSX:KXS)

Overview: Kinaxis is an Ottawa based software company that sells cloud subscription tools to help large manufacturers and distributors plan and run their supply chains, using its AI infused Maestro platform to manage demand, inventory, orders, logistics, and real time decision making across complex global operations.

Operations: Kinaxis generates about $580.8 million in revenue from designing, developing, marketing, and selling its supply chain management software and services, with most sales coming from the United States ($325.8 million) and Europe ($190.5 million), and smaller contributions from Asia and Canada.

Market Cap: CA$4.26b

Kinaxis appears in the AI stocks screener because its Maestro platform sits at the center of a critical problem for global companies, making sense of complex supply chains in real time for customers like ScottsMiracle Gro, MANE and Tesa. Earnings are currently reported with a 14.5% margin and 21.5% ROE, and analysts have noted revenue growth expectations supported by new industry verticals, geographic expansion and AI partnerships such as Databricks and TraceLink. At the same time, Kinaxis trades on a higher P/E than the broader software industry, faces competition from large ERP vendors, and relies on partners to implement its software, which can affect service quality and margins. How those factors balance out is one of the reasons Kinaxis attracts attention among AI focused investors.

Kinaxis is where AI driven supply chains meet premium pricing, but the full story lies in how growth expectations compare with that higher P/E. See how the market is framing the analyst forecasts for Kinaxis.

Quantum eMotion (TSXV:QNC)

Overview: Quantum eMotion is a Montreal based cybersecurity company that builds quantum powered hardware and software to generate truly random numbers and secure encryption for AI, cloud, blockchain, Internet of Things and critical infrastructure customers that need protection against current and future cyberattacks.

Market Cap: CA$938.9 million

Quantum eMotion sits at the intersection of AI, quantum security and critical infrastructure, with products like eShield-Q and eFlux-Q being tested in AI data centers, battery energy storage and energy systems through recent partnerships with Vertical Data, SEETEL New Energy and Aegis Critical Energy Defence. The company still reports a small revenue base, rising losses and no profitability forecast over the next 3 years, and its P/B sits well above peers, so a lot has to go right. Yet projected revenue growth, an experienced and independent board and work on a quantum resilient security chip with JMEM TEK give this stock a very different risk reward profile compared with more mature AI plays.

Quantum eMotion’s tiny revenue base and rising losses sit beside ambitious quantum security plans, so the missing piece is how that trade off really stacks up in the 1 key reward and 4 important warning signs (2 are major!)

The three AI stocks in this article are just a starting point, and the full screener has surfaced 29 more companies with equally compelling AI narratives across chips, software, large language models and cloud transformation in the Artificial Intelligence/ AI Stocks screener. Use Simply Wall St to identify and analyze the specific catalysts, financial traits and AI use cases that matter to you so you can focus on the highest conviction opportunities from that list.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.