10 AI Stocks on Analysts’ Radar As AI Spending Grows

3. Juniper Networks, Inc. (NYSE:JNPR)

Number of Hedge Fund Holders: 56

Juniper Networks, Inc. (NYSE:JNPR) is a communication equipment company that develops and sells a range of networking products, including routers and network management software. It also integrates AI into its networking infrastructure to enable automated network management. The company announced on February 24 that it has started leveraging Mist AI technology to enhance its routing technology.

The integration of Mist AI technology should allow Juniper Networks to accord its customers improved WAN routing performance and automation. By offering thorough visibility and control over routing, identifying problems, and recommending preventative measures, Juniper Networks, Inc.’s (NYSE:JNPR) routing solutions seek to reduce operating costs by up to 85% in certain situations. In addition to adding AI-native routing observability, proactive troubleshooting capabilities, and intent-based network optimization to its Paragon portfolio, the company unveiled the new ACX7020 Access Edge Router.