10 AI News Investors Shouldn’t Miss

5. Fortinet, Inc. (NASDAQ:FTNT)

Number of Hedge Fund Holders: 47

Fortinet, Inc. (NASDAQ:FTNT) is a cybersecurity company that provides enterprise-level next-generation firewalls and network security solutions. On December 11, the company announced that it had completed the acquisition of Perception Point, a leader in advanced collaboration and email security. The acquisition harnesses Perception Point’s AI-driven technology and builds upon the company’s mission to provide end-to-end cybersecurity, encompassing protection beyond email into the broader modern workspace. Fortinet further highlighted that Perception Point’s innovative AI-powered capabilities secure email, critical collaboration platforms like Slack and Teams, web browsers, cloud storage apps, and more. Consequently, organizations will be able to protect their channels of communication, streamline operations, and mitigate risks across their digital ecosystems.