Top 10 AI News Updates Analysts are Monitoring

7. CommScope Holding Company, Inc. (NASDAQ:COMM)

Number of Hedge Fund Holders: 32

CommScope Holding Company, Inc. (NASDAQ:COMM) is a technology company that designs, manufactures, installs, and supports network infrastructure products. Its products include hardware and software that enable digital communication. It also leverages AI in the realm of network infrastructure management to analyze data from network components and predict potential issues.

CommScope Holding Company, Inc. (NASDAQ:COMM) unveiled new AI-driven solutions through Ruckus Network on February 24. The new solutions integrate generative edge and intent-based AI features, strengthening RUCKUS competitive edge in the high-growth WiFi 7 market segment. CommScope also inked a partnership that paved the way for merging Nokia’s optical LAN solution with RUCKUS WiFi APs and the RUCKUS One® platform, promising to reduce the total cost of ownership by 50%. RUCKUS is positioned as a strong competitor in the rapidly expanding WiFi 7 market segment thanks to its integration of generative AI and edge computing capabilities.