Top 9 AI News Investors Should Not Miss

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1. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 110

ServiceNow, Inc. (NYSE:NOW) is a technology company that offers cloud-based solutions for digital workflows. It operates the Now platform for digital transformation, machine learning and robotic process automation. On February 26, the company confirmed the acquisition of the ‘Quality 360’ solution from Advania.

The acquisition marks a strategic expansion in the company’s manufacturing software capabilities. The Quality 360 solution is designed to enhance quality management functionality while providing AI-driven insights for addressing quality issues in manufacturing. The AI-powered solution should help manufacturers identify and resolve quality issues across production and service delivery stages. Quality 360 provides AI-driven root cause analysis, automated issue detection, and structured resolution frameworks.

“ServiceNow’s AI capabilities and scalable platform will empower manufacturers with a proactive, data-driven approach to quality management, helping them mitigate risks and strengthen their competitive edge,” said Hege Støre, Group Chief Executive Officer at Advania.

While we acknowledge the potential of ServiceNow, Inc. (NYSE:NOW) 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 NOW 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 Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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