15 Important AI News and Ratings on Investors’ Radar

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13. Penguin Solutions, Inc. (NASDAQ:PENG)

Number of Hedge Fund Holders: N/A

Penguin Solutions, Inc. (NASDAQ:PENG) is a leading AI infrastructure provider for organizations looking to build and operate state-of-the-art generative AI facilities. On January 12, the company announced that it had entered into a strategic collaboration agreement with SK Telecom and SK hynix for the development and delivery of comprehensive AI data center (“AIDC”) solutions. The agreement was signed at the CES 2025 in Las Vegas, following SKT’s 200 million investment in Penguin Solutions.

It is anticipated that Penguin will be able to efficiently deliver AI infrastructure solutions and services to additional markets and regions through the collaboration. Penguin Solutions’ Scyld ClusterWare software will be integrated with SKT’s AI infrastructure management software to enable easier and more efficient deployments of AI. Additionally, SK hynix and SMART Modular Technologies, a product brand of Penguin Solutions, also plan to collaborate for developing innovative memory solutions.

“We are committed to solve the complexity of AI by designing, building, deploying, and managing cutting-edge solutions that enable us to support our customers on their AI journeys. This collaboration agreement reflects a shared vision of leveraging our companies’ combined strengths to deliver a broad portfolio of high-performance AI solutions to customers across the globe.”

-Mark Adams, president and CEO of Penguin Solutions.

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