33 Most Important AI Companies You Should Pay Attention To

29. Juniper Networks, Inc. (NYSE:JNPR)

Number of Hedge Fund Holders: 45

YTD Return as of August 1: 28% 

Juniper Networks, Inc. (NYSE:JNPR) designs, develops, and sells network products and services worldwide. The company is playing the AI space through the manufacture and marketing of networking and cybersecurity products. The shares of the company have jumped after it received regulatory approval to be acquired by tech giant Hewlett Packard Enterprise. The latter hopes to use the AI profile of the former to capitalize on AI growth trends. The deal, worth nearly $14 billion. The networking products of Juniper are focused on AI-driven automation and cloud-based management.

Juniper Networks, Inc. (NYSE:JNPR) has differentiated itself in the AI space since it takes a broader approach towards the business, relying on network automation and diverse market segments for long-term growth. Competitors of the firm, like Arista, are more focused towards the increasing demand for high-speed data center networks and cloud computing.