10 AI News and Ratings Making Waves Around Wall Street

8. ePlus Inc. (NASDAQ:PLUS)

Number of Hedge Fund Holders: 11

ePlus Inc. (NASDAQ:PLUS) offers IT solutions and financing services to optimize IT environments, supply chains, and equipment management for businesses and public sector organizations.

On January 29, ePlus Inc. launched its first AI Readiness survey, revealing key insights into AI adoption across industries. The survey, which polled 200 IT professionals, found that while interest in AI is high, many organizations are still in the early stages. Only 24% of tech leaders consider themselves “AI mature,” with skills gaps, cost, and security being the top challenges. A significant 74.8% plan to implement GenAI in the next year, even though concerns around regulation and governance are still there. Data quality, security, and governance are also major concerns. ePlus aims to support organizations on their AI journey with solutions like the ePlus Secure GenAI Accelerator.