Top 10 Trending AI Stocks on Latest News

7. Rekor Systems, Inc. (NASDAQ:REKR)

Number of Hedge Fund Holders: 9

Rekor Systems, Inc. (NASDAQ:REKR) is a technology company that provides infrastructure solutions for transportation, public safety, and urban mobility markets. While the stock has been under pressure, it is receiving a boost as the company turns to artificial intelligence to reinvigorate its growth metrics. On January 21st, the company inked a strategic partnership with SoundHound AI to focus on enhancing vehicle technology.

The partnership will integrate Rekor Systems, Inc.’s (NASDAQ:REKR) industry-leading vehicle recognition software, Rekor Scout®, with SoundHound’s cutting-edge voice and conversational AI. The ultimate objective is to improve safety, situational awareness, and operational efficiency for first responders and law enforcement by providing smooth, hands-free operation for ALPR and other vital vehicle systems. With plans to extend this cutting-edge audiovisual AI technology to other emergency vehicles like fire trucks and ambulances, the partnership will initially concentrate on police vehicles.