10 AI News and Ratings Making Waves Around Wall Street

7. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC)

Number of Hedge Fund Holders: 13

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) provides mobile connectivity solutions, including network infrastructure, cloud software, enterprise communications, and media services to global telecom operators and businesses.

On January 28, Ericsson launched Cognitive Labs, an AI-focused initiative to advance technologies like Graph Neural Networks, Active Learning, and Large-Scale Language Models. The labs, operating virtually from locations such as Madrid, Malaga, and Cairo, aim to improve mobile communications and extend AI applications to areas like healthcare. In collaboration with the open-source community, the initiative includes three specialized labs: GAI Lab (Geometric AI), MLR Lab (Machine Learning and Reasoning), and FAI Lab (Fundamental AI), each targeting distinct research areas. Ericsson also signed a research partnership with Universidad Pontificia Comillas to further drive innovation.