10 AI News and Ratings Investors Should Not Miss

Page 10 of 10

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. Hitachi Vantara, an IT service management firm, recently announced that it would be building on a collaboration with Microsoft announced last year to create an AI-ready full stack platform leveraging Azure for delivering a hybrid cloud solution. According to a report by tech news platform SiliconAngle, the agreement between the two companies launched Hitachi Unified Compute Platform for Azure Stack HCI, delivering enhanced cloud management across multiple environments encompassing data centers and the edge.

While we acknowledge the potential of Microsoft Corporation (NASDAQ:MSFT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than Microsoft Corporation (NASDAQ:MSFT) but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 10 of 10