15 AI Stocks That are Making Headlines

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. On November 26, Coles Group, an Australia-based retailer, announced that it had signed a five-year partnership with Microsoft for cloud and artificial intelligence solutions. Per the retailer, under the deal, Coles would be using Microsoft cloud, AI, and edge computing offerings to develop an AI-as-a-Service platform and to modernize the IT estate. Since 2019, Coles has worked with Microsoft and migrated over 70% of business data to the cloud.

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