35 Trending AI Stocks on Latest News and Analyst Ratings

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17. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders: 50    

Honeywell International Inc. (NASDAQ:HON) operates as a diversified technology and manufacturing company worldwide. The firm recently announced that it would be partnering with energy firm Chevron to enhance oil refining operations with advanced artificial intelligence assisted technologies, including a new generation of alarm management solutions. The companies said their partnership will seek to help operators make decisions that will improve efficiency in refining processes and boost safety within the industrial automation sector. Per the deal, the operators of the latter will be able to infuse AI into the Experion distributed control system, making them future ready and more informed in the control room. Lucian Boldea, a senior executive at Honeywell, claims that advancements in AI will change the way companies like Chevron innovate, learn and solve problems at the plant level.

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