15 AI News Investors Should Not Miss

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ) is an American multinational corporation and technology company that develops and sells software, services, and hardware. The company creates platforms and tools powered by AI to deliver innovative solutions, exemplified by its collaboration with OpenAI and the integration of AI technologies across platforms like Windows, Xbox, Microsoft 365, Teams, and Dynamics.

On October 24, Microsoft Corporation (NASDAQ:MSFT) announced that it is collaborating with Siemens, a German multinational technology conglomerate. The collaboration will allow Siemens Industrial Copilot to handle the most demanding environments at scale. The Siemens Industrial Copilot is a Generative AI-powered copilot designed to help automation engineers generate codes and diagnose faults. By integrating Siemen’s industry expertise with the Microsoft Azure OpenAI Service, the Copilot handles demanding requirements in manufacturing and automation. Co-creation partner ThyssenKrupp Automation Engineering is set to be the first to use Copilot globally beginning in early 2025.

Overall, MSFT ranks first among the 15 AI News Investors Should Not Miss. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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