Top 10 Must-See AI News Updates for Investors

5. Lumen Technologies, Inc. (NYSE:LUMN)

Number of Hedge Fund Holders: 26

Lumen Technologies, Inc. (NYSE:LUMN) is a facilities-based technology and communications company that provides various integrated products and services to business and residential customers. On February 10th, Bora Lee of RBC Capital reiterated a Hold rating on the stock with a $4.25 price target. The company has been building the backbone for artificial intelligence.

The telecom-turned-company has already reiterated that 2025 will be a “year of investment” as it continues to strengthen its prospects and network for artificial intelligence. Lumen Technologies, Inc. (NYSE:LUMN) intends to boost network utilization overall from 57% in 2022 to 70% by 2028 to help meet the rising demand for AI. Supporting the push is the $8.5 billion private connectivity fabric deals that Lumen Technologies inked with tech giants, including Microsoft, Amazon, and Google, last year. Additionally, hyperscalers are currently using Lumen’s network to train AI models.