These three small-cap AI stocks have a shot at generating millionaire-making gains over the next decade: SoundHound AI (NASDAQ: SOUN), Serve Robotics (NASDAQ: SERV), and Evolv Technologies (NASDAQ: EVLV). Image source: Getty Images.

Technology stocks lost some of their luster on the market as heightened expectations about the proliferation of artificial intelligence (AI) technology put companies in this sector under pressure to deliver outsized growth each quarter.

Artificial intelligence, automation and robotics are disrupting virtually every industry. In recent years, the world has gotten a firsthand look at remarkable advances in AI technology, including OpenAI's ChatGPT AI chatbot,

C3.ai's revenue just accelerated for the sixth consecutive quarter, thanks to a shift in the company's strategy combined with surging demand for artificial intelligence.

Palantir may face tough competition in the software space from this AI titan that made its name selling AI hardware.