12 AI News Investors Should Not Miss This Week

3. Align Technology, Inc. (NASDAQ:ALGN)

Number of Hedge Fund Holders: 58

Align Technology, Inc. (NASDAQ:ALGN) is a medical instrument and supplies company that designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners. On March 10, the company confirmed the launch of Align X-ray Insights, a new software-based computer-aided detection solution, in the European Union and the United Kingdom.

Powered by an artificial solution, the software-based solution is designed to automatically analyze 2D radiographs. With the help of AI features, the solution should enhance doctors’ ability to diagnose dental and oral health conditions. It should also standardize analysis, streamline workflows, and improve patient engagement.

“Align X-ray Insights represents a significant advancement in our digital restorative dentistry solutions with broader patient applicability,” said Simon Beard, Align Technology executive vice president and managing director, Europe, Middle East, and Africa (EMEA). “By integrating AI into radiographic analysis, we are empowering doctors with more precise diagnostic capabilities to improve their patient outcomes. This launch underscores our commitment to innovation and our ongoing efforts to expand our digital platform.”