Top 8 AI News Updates Investors Should Not Miss

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1. Motorola Solutions Inc. (NYSE:MSI)

Number of Hedge Fund Holders: 57

Motorola Solutions Inc. (NYSE:MSI) is a tech firm offering enterprise security and public safety solutions through communication and video security products, cybersecurity solutions, LTE devices and broadband systems, and command center software.

On March 26th, Motorola Solutions Inc. (NYSE:MSI) announced a portfolio of AI-powered devices called Pelco for enterprises operating in challenging environments like oil, gas, ports, and aviation. Pelco devices include fixed cameras, sturdy long-range cameras, smart sensors, and AI analytics that integrate with various third-party video management systems. All Pelco devices are supported by the camera support platform Elevate, which evaluates camera health and expands its sensing capabilities with cloud-based AI.

“Pelco provides security operators with robust AI-powered security solutions capable of performing across a wide range of environmental conditions. We’ve purposefully created Pelco to combine rugged hardware, state-of-the-art sensing and AI-powered analytics for a VMS-agnostic device portfolio that is driving higher standards in critical infrastructure security.”

-said Hamish Dobson, corporate vice president, Pelco.

While we acknowledge the potential of Motorola Solutions Inc. (NYSE:MSI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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