15 AI News Investors Shouldn’t Miss

12. TaskUs, Inc. (NASDAQ:TASK)

Number of Hedge Fund Holders: 17

TaskUs, Inc. (NASDAQ:TASK) is an AI and robotics stock and a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies. On December 2^nd, TaskUs, Inc. (NASDAQ:TASK) and Red Points, a premium provider of AI-driven brand protection solutions, announced that they are forming a partnership that will allow them to combat fraud and intellectual property violations. The partnership will offer clients an end-to-end digital protection system, combining artificial intelligence (AI) and human talent to defend users against counterfeit items, brand impersonations, fake accounts, and irregular credentials. Such activities tend to damage a brand’s reputation as well as hamper trust and decrease customer loyalty, highlighting the need for brand protection technology to safeguard organizations.

“This partnership and digital protection service comes at the perfect time as counterfeit and IP violations are surging. We believe our extensive knowledge of the marketplace and solution pair perfectly with Red Points’ industry-leading brand protection technology. This partnership further underscores our continued commitment to helping our clients achieve business success while maintaining brand integrity.”

– Phil Tomlinson, SVP, Global Offerings at TaskUs.