10 AI Stocks Analysts Are Watching: Latest Ratings and News

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On February 11, the company announced an expanded partnership with Anduril, an American defense technology company, to steer the next phase of the U.S. Army’s Integrated Visual Augmentation System (IVAS) program. The partnership agreement, after gaining approval from the Department of Defense, will allow Anduril to oversee the production and future development of hardware and software, as well as delivery timelines.

The partnership will also enable Microsoft Azure to be Anduril’s preferred hyperscale cloud for all workloads related to IVAS and Anduril AI technologies. The program will be leveraging Microsoft’s advanced cloud infrastructure and AI capabilities, offering seamless data integration and real-time insights essential to soldier effectiveness. AI will serve as the foundation for all technical innovations in national security missions, while the cloud will allow the successful delivery of AI where needed.

“We are incredibly proud of the work our teams have put in to help the U.S. Army transform its concept of a soldier-borne, AR headset into reality with the IVAS program. Our Soldier-Centered Design approach helped reimagine technology development with the Army that continuously took in real-world soldier feedback to develop a product that soldiers love. We are excited to partner with Anduril for the next phase of IVAS and leverage our combined strengths to meet our commitments on this vital program and deliver a game-changing capability for every U.S. soldier.”

-Robin Seiler, corporate vice president, Mixed Reality, Microsoft.