12 Best Small Cap AI Stocks To Buy According to Hedge Funds

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9. Fastly Inc. (NYSE:FSLY)

Market Cap as of December 2: $1.27 billion

Number of Hedge Fund Holders: 14

Fastly Inc. (NYSE:FSLY) is an edge cloud platform provider that empowers businesses to deliver faster and more secure digital experiences. Its services, including content delivery networks, security solutions, and video streaming, cater to a range of industries such as technology, media, and finance. Using AI and machine learning, its platform optimizes content delivery, security, and performance.

A key highlight for Fastly Inc. (NYSE:FSLY) is the advancement of its AI accelerator, an innovative AI proxy designed to enhance the performance and cost-efficiency of LLM-powered applications. By expanding support to include Google Gemini, alongside OpenAI, the company aims to revolutionize the AI landscape.

The AI accelerator leverages Fastly Inc.’s (NYSE:FSLY) edge cloud platform to reduce latency for tasks like answering queries, which typically take several seconds on traditional cloud platforms. By optimizing request routing and utilizing the edge network, the accelerator significantly reduces the overall cost of AI solutions.

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