10 AI News and Ratings You Should Not Miss

5. Extreme Networks, Inc. (NASDAQ:EXTR)

Number of Hedge Fund Holders: 30

Extreme Networks, Inc. (NASDAQ:EXTR) provides global software-driven networking solutions, including cloud-based network management, wireless and wired infrastructure, and SD-WAN services.

On February 19, Extreme Networks announced the upcoming release of Extreme Platform ONE for Managed Service Providers (MSPs), offering a multi-tenant, AI-driven architecture with consumption-based billing and poolable licensing. The platform enables MSPs to manage licenses, performance, and service issues from a centralized workspace, improving network visibility and security while reducing operational complexity. Extreme’s AI Core automates tasks with conversational and autonomous agents to improve productivity. Its consumption-based model eliminates large upfront costs, allowing MSPs to scale flexibly and predict costs. MSP partners highlighted the platform’s benefits in improving financial management, scaling services, and boosting operational efficiency.