14 AI News and Ratings That Wall Street Is Watching

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7. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 74 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. The firm recently announced that it would be partnering with computer software firm Canonical. Under the deal, the powerful edge artificial intelligence platform of the former would get an optimized build of the Ubuntu 22.04 LTS Linux distribution of the latter. The firm said that this public beta image was the first step in a roadmap that brings together Qualcomm processors and Ubuntu to give AI and IoT developers a competitive edge.

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