12 AI News and Ratings Investors are Keeping Their Eye On

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9. Altair Engineering Inc. (NASDAQ:ALTR)

Number of Hedge Fund Holders: 13

Altair Engineering Inc. (NASDAQ:ALTR) offers software and cloud solutions in simulation, design, high-performance computing, data analytics, and AI, serving diverse industries.

On February 5, Altair introduced major upgrades to its HPC and cloud platform, Altair HPCWorks, improving scalability, AI-driven job scheduling, and monitoring. The platform now operates under the Altair Units licensing system, offering flexible access to Altair’s HPC, simulation, and data analytics tools.

It supports seamless cloud scaling for both Altair and third-party workload managers, optimizing hybrid environments while managing costs. New AI integrations improve job scheduling, reduce wait times, and improve efficiency through Altair RapidMiner. Additional improvements include better security, performance boosts, and expanded GPU and Kubernetes support, providing users with more control over complex computing workflows.

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