11 AI News Updates on Wall Street’s Radar

4. Dynatrace, Inc. (NYSE:DT)

Number of Hedge Fund Holders: 46

Dynatrace, Inc. (NYSE:DT) is a software application company that provides an observability and security platform. It also leverages artificial intelligence to simplify cloud complexity and enable faster, more secure innovation. On April 1, the company announced the signing of a strategic collaboration with Amazon Web Services aimed at enhancing digital automation and intelligence.

The strategic collaboration seeks to enhance access to deeper insights in AWS environments while focusing on generative artificial intelligence applications. In addition, it will provide real-time insights for cloud migration and modernization while enhancing AI observability and security for Generative AI applications. The strategic collaboration is expected to strengthen Dynatrace, Inc. (NYSE:DT) edge in the observability market amid the AI boom.

“To maintain an optimized and effective cloud environment, observability and security are essential,” said Jay Snyder, Senior Vice President of Channels and Alliances at Dynatrace. “The SCA between Dynatrace and AWS will bolster our existing collaborative efforts in product integration and go-to-market strategies, expediting innovation and the realization of benefits for our mutual customers.”