10 AI News Updates Making Waves on Wall Street

4. Cellebrite DI Ltd. (NASDAQ:CLBT)

Number of Hedge Fund Holders: 30

Cellebrite DI Ltd. (NASDAQ:CLBT) provides digital forensics solutions for legally sanctioned investigations, offering tools for data collection, analysis, and management across several sectors, including law enforcement and enterprise services.

On February 6, Cellebrite introduced Generative AI capabilities within its Guardian evidence management platform which improve efficiency for law enforcement agencies. The AI-driven solution helps investigators quickly summarize and analyze large volumes of data, such as text messages, chat threads, and browsing histories, and provides insights into relationships and crime patterns. Cellebrite’s 2024 industry survey found that while AI-related crime is rising, most respondents see AI as a tool to combat crime.