15 AI News Updates You Might Have Missed

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14. Okta, Inc. (NASDAQ:OKTA)

Market Capitalization: $13 Billion

Okta, Inc. (NASDAQ:OKTA) owns and runs an identity management platform. One of the premier products of the firm is Identity Threat Protection, powered by Okta AI. Per the company, Okta AI is a mixture of machine learning and GenAI algorithms. The company is also working on an AI-enabled governance analyzer that suggests identity solutions for a company based on its policy setups. On November 18, investment advisory OTR Global downgraded its view of the stock to Negative from Mixed, citing checks. Analysts usually conduct checks – third-party research on a company’s business based on collecting information from different channels – routinely to contextualize their stock thesis.

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