Top 9 AI News Investors Should Not Miss

8. Koninklijke Philips N.V. (NYSE:PHG)

Number of Hedge Fund Holders: 12

Koninklijke Philips N.V. (NYSE:PHG) is a leading provider of healthcare technology. It offers diagnostic imaging solutions, including magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems. On February 26, the company moved to strengthen its prospects on MRI solutions with the launch of SmartSpeed Precise.

Powered by AI-driven advancements, SmartSpeed Precise enables up to 3X faster image scanning while delivering 80% improved image sharpness. The dual-AI SmartSpeed Precise technology also cuts scan times by up to 300%. It should establish a strong point of differentiation for Koninklijke Philips N.V. (NYSE:PHG) in a market where consumers are influenced by technological superiority.

“By integrating high performance-enhancing AI engines across our entire portfolio of new and installed helium-free BlueSeal scanners, we are revolutionizing MRI efficiency while reducing environmental impact. These innovations ensure that more patients worldwide can access high-quality imaging, while healthcare providers benefit from more sustainable and cost-effective operations,” said Ioannis Panagiotelis, PhD, Global Business Leader MRI at Philips.