12 AI Stocks Making Headlines: Latest News and Ratings

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9. Lantronix, Inc. (NASDAQ:LTRX)

Number of Hedge Fund Holders: 17

Lantronix, Inc. (NASDAQ:LTRX) designs and sells IoT products and services globally. On March 4th, the company announced a breakthrough in AI-powered camera technology with the integration of its high-performance Open-Q™ System-on-Module (SoM) solutions with Teledyne FLIR’s thermal infrared (IR) camera modules and Prism™ embedded software. This advancement will allow the development of next-generation AI-enabled camera solutions in autonomous navigation/drones, surveillance, and robotics.

“With Lantronix’s Open-Q SoMs, developers can confidently build AI-powered solutions knowing they are backed by industry-leading embedded compute technologies that deliver longevity, reliability and continuous innovation. By integrating with Teledyne FLIR’s advanced thermal camera modules, Lantronix provides a turnkey embedded AI solution that maximizes performance while simplifying development and deployment.”

-Mathi Gurusamy, Chief Strategy Officer at Lantronix.

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