Top 8 Must-See AI News Updates Investors Should Not Miss

7. Altair Engineering Inc. (NASDAQ:ALTR)

Number of Hedge Fund Holders: 13

Altair Engineering Inc. (NASDAQ:ALTR) is a computational intelligence leader offering software and cloud products for simulation, HPC, data analytics, and AI to help organizations resolve complex engineering challenges through design optimization and data-driven decisions.

On February 19th, Altair Engineering Inc. (NASDAQ:ALTR) announced the launch of Altair HyperWorks 2025, a next-gen simulation platform that uses AI, HPC, and multiphysics simulation to optimize design in a virtual, zero-prototype world, fostering smarter and sustainable development solutions. The company also highlighted how its physics prediction models powered by new architectures, ML, and AI deliver precise simulation of non-linear systems faster, even with limited data for detailed insights early in the design process.

“Altair HyperWorks 2025 builds on four decades of Altair’s expertise in simulation, design, and optimization. By integrating advanced simulation technologies with AI and machine learning, automation, open architecture, and a connected digital thread, the platform accelerates design processes, fosters scalable cloud collaboration, and empowers teams to deliver smarter, faster, and more sustainable solutions. It is yet another leap in our vision of democratized computational intelligence.”

-said James R. Scapa, founder and CEO of Altair Engineering Inc.