10 AI Stocks on Analysts’ Radar As AI Spending Grows

5. Leidos Holdings, Inc. (NYSE:LDOS)

Number of Hedge Fund Holders: 51

Leidos Holdings, Inc. (NYSE:LDOS) is an Information Technology services company that provides digital and mission innovations to government and commercial customers. It uses artificial intelligence (AI) to create advanced systems for government clients, primarily in the defence and intelligence sectors, emphasising security, reliability, and ethical implementation. On February 25, the company entered into a strategic partnership with SeeTrue, an AI software company, to improve the efficiency of airport security and customs screening while leveraging AI-enabled algorithms.

The strategic collaboration underlines Leido’s focus on delivering AI-powered innovative solutions that provide advanced levels of threat detection. Leidos Holdings, Inc. (NYSE:LDOS) aims to speed up algorithm development to satisfy its clients’ changing needs by incorporating third-party threat detection algorithms. Leidos’ ClearScan CT scanner will soon be introduced to the market, focusing on algorithms for currency and drugs.