Top 10 Hot AI Stocks Dominating Headlines

5. Progress Software Corp. (NASDAQ:PRGS)

Number of Hedge Fund Holders: 23

Progress Software Corp. (NASDAQ:PRGS) offers AI-powered digital experience and infrastructure software to help clients build, deploy, and manage AI-driven applications with ease.

On February 27th, Progress Software Corp. (NASDAQ:PRGS) announced the appointment of Ed Keisling as the Chief AI Officer. He is now responsible for leading the company’s AI strategy to enhance product portfolios with the goal of supporting clients in their AI transformation journeys. He will directly report to CEO Yogesh Gupta. Keisling most recently served as SVP of Engineering for Infrastructure Management at the company.

“Our customers rely on Progress to power and solve mission-critical parts of their business, and AI is redefining how these solutions evolve. With recent advancements in AI, the pace of innovation is accelerating, removing traditional barriers to adoption. Progress has been offering AI capabilities within its products for years and has passionate teams already focused on this space. I am excited to further develop and lead this charge ensuring our customers have the tools, processes and expertise to fully leverage AI’s transformative potential and drive even further value with our products.”

-said Ed Keisling, Chief AI Officer of Progress Software Corp.