Top 9 AI News Investors Should Not Miss

7. F5 Inc. (NASDAQ:FFIV)

Number of Hedge Fund Holders: 37

F5 Inc. (NASDAQ:FFIV) is a software infrastructure company that provides multi-cloud application security and delivery solutions. Its distributed cloud services enable customers to deploy, secure, and operate applications in any architecture. Its application delivery and security solutions are also designed to manage and optimize AI-powered applications. On February 26, the company announced new additions to the VELOS product line designed to support and enhance AI workloads for service providers.

The upgraded VELOS system will come with remarkable features, such as 6.4 billion concurrent connections, 80 million L4 connections per second for firewall security, and 6 Tbps of high-speed L4 throughput. With this upgrade, F5 Inc. (NASDAQ:FFIV) is establishing itself as a crucial infrastructure provider for AI workloads, moving beyond traditional application delivery. The timing is vital as it addresses network issues businesses encounter when scaling AI initiatives.