11 AI News You Should Not Miss

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7. Samsara Inc. (NYSE:IOT)

Number of Hedge Fund Holders: 30

Samsara Inc. (NYSE:IOT) connects physical operations data to its cloud platform, offering AI-driven insights for industries like transportation, logistics, and healthcare. Its solutions include video safety, vehicle telematics, and equipment monitoring to improve operational efficiency, safety, and compliance.

Fraikin Group is expanding its partnership with Samsara (NYSE:IOT) to improve its fleet management and support decarbonization efforts across Europe. Following the successful deployment of Samsara’s AI technologies in 5,000 UK vehicles, Fraikin is integrating them into 60,000 vehicles across Europe.

This collaboration incorporates Samsara’s real-time data and telematics into Fraikin’s NeXa platform, improving fleet maintenance, operational efficiency, and fuel savings. The technology also supports Fraikin’s goal of transitioning to zero-emission transport, providing customers with tools for adopting electric vehicles and alternative fuel solutions. This partnership strengthens Fraikin’s leadership in sustainable fleet management.

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