Beyond the Tech Giants: 35 Non-Tech AI Opportunities

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14. ZoomInfo Technologies Inc. (NASDAQ:ZI)

Number of Hedge Fund Holders: 43

ZoomInfo Technologies Inc. (NASDAQ:ZI) owns and runs a market intelligence platform. After missing market estimates on earnings for the second quarter, the firm is hoping that new AI features would help it recapture the growth trajectory that has slowed down in recent months. These new features, named ZoomInfo Copilot, are aimed at resuscitating the sales momentum. Some important generative AI features that come bundled in the Copilot include AI-driven recommendations and ratings for prospective customers, as well as the ability to draft emails to clients.

ZoomInfo Technologies Inc. (NASDAQ:ZI) has a lot of admirers on Wall Street. Canaccord analyst David Hynes has a Buy rating on the stock with a price target of $14. In a recent investor note, the advisory noted that there was a mix of good and bad in ZoomInfo’s Q2 results but after sifting through all the noise that accompanied this quarter, execution at the upper end of the market actually sounded a bit better than it has in recent periods.

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