Top 10 AI News Wall Street is Paying Attention To

8. Domo, Inc. (NASDAQ:DOMO)

Number of Hedge Fund Holders: 15

Domo, Inc. (NASDAQ:DOMO) is a software company that provides a cloud-based platform for data visualization and business intelligence (BI). It offers sophisticated end-to-end tools for creating AI and data products. On February 18, the company confirmed that Nucleus Research found customers enjoyed a return of $6.93 for every dollar invested in its AI and data products platform.

Nucleus Research notes that customers enjoyed consistent benefits, including a 35% improvement in user productivity, 20% technology cost savings, and a 15% average revenue increase. Consequently, Domo, Inc. (NASDAQ:DOMO) remains well positioned to enjoy robust growth in the crowded analytics market owing to the advancement of its AI-driven analytics and integration of emerging data technologies into its solutions.