Top 14 AI Stocks on Wall Street: News and Analyst Ratings

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On February 13, WSP Global Inc., a leading engineering and science-based professional services firm, announced a multi-year, global strategic partnership with Microsoft Corporation to bring digital opportunities to the Architecture, Engineering, and Construction (AEC) industry. The 7-year partnership involves a potential investment exceeding $1 billion. As part of the collaboration, Microsoft will be designated as the preferred partner for digital and AI transformation services, while it will be turning to WSP to be its preferred partner for engineering and science consultancy. Three key initiatives will be addressed under the collaboration, namely: leveraging WSP’s engineering data and knowledge, enhancing Microsoft’s ability to deliver mission-critical facilities such as data centers, and combining the expertise of both partners to deliver new digital solutions.

“As our customers accelerate their AI transformation efforts, the demand for advanced AI and digital capabilities continues to grow. With its leadership in engineering, advisory, and science- based services, WSP is uniquely positioned to help us scale the mission-critical facilities required to support our customers efficiently, effectively, and sustainably. By combining our world-class technologies and innovative solutions with WSP’s expertise, we will also co-develop comprehensive solutions to drive transformative business gains across the AEC industry.”

-Judson Althoff, Executive Vice President and Chief Commercial Officer at Microsoft.